Quote:
Originally Posted by HunterK
May Co is Broadways largest building & is the one most easily turned into a department store.
What it becomes will set the tone for what Broadway becomes.
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First of all, assuming this news is true, and I still have my doubts, Nordstrom's Rack will not fill up the entire bldg.......at best maybe take up a couple of floors. The truth is the May Company is a dinosaur.....at least for a dept store........ and very few if any dept stores would want to do a build out in such a bldg.
Secondly, if and when a dept store moves into DTLA, it probably will build a new bldg and follow an urban model like Target is doing in its DT stores......meaning they will not be full line stores. And frankly, I think the dept store business model may be a dying breed.......either that or soon every dept store will either be a Macy's or a Nordstrom's. Oh wait, I think that has already happened.
Finally, I don't think there will be one tone for Broadway. I suspect southern Broadway to 7th St will be high end......and Broadway from 7th to City Hall will be more middle to low. I always envisioned 7th St as fairly hi end and Spring St as artsy Melrose. Its that mix which will make DT exciting IMO.
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Too often you guys welcome ANY development as good development. You're not considering that 5 or 10 years from now Broadway could easily be a street with beautiful architecture, but filled with stores that scream suburbia. How can some of you not grasp this? :shrug:[/QUOTE]
That's bull. I don't like everything that is announced.......but DTLA has been a desert for so long, its hard to fault anything that comes along just because its nice to see so much interest in the place. Eventually there will be a reckoning when the bad stuff can be weeded out but for now, DT is building a critical mass.......and that's good. And dude, there is nothing wrong with a Ross. However, I don't like a Ross that blares music on its sidewalks.
Having said that, I think you and I have a very different view of what DTLA should become. From your posts, it sounds like you want at least Santa Monica if not Beverly Hills. I am looking for an urban core that caters to all classes and has a definite mix of retail. In my mind, Rodeo Dr and 3rd Ave might as well be suburban malls. Nothing wrong with that but its not what turns me on when it comes to cities.