PHILADELPHIA | Lowrise/General Developments Thread - Page 488

ebuilder · #**9741** Posted **Feb 23, 2018, 1:30 PM**

Quote:

Originally Posted by jsbrook

Where do you think they would go? The average Bloomgindales store is 243,000 square feet and also has large floor plates. I don't know how much the Macy's space in the Wannamaker building exceeds that by, but there's not much else around that fits the bill.

My point is not only is the space large, its inefficient based on its age and layout. Ive read the operating costs of the Macy's is extremely high relative to more modern mall locations but the store remains open because of it's prominent location in Center City. I don't see why a brand new high end brand would want to move into that sort of space instead of a brand new, efficiently designed location that would offer maximum opportunity for profitability.

Capsule F · #**9742** Posted **Feb 23, 2018, 2:04 PM**

Quote:

Originally Posted by ebuilder

My point is not only is the space large, its inefficient based on its age and layout. Ive read the operating costs of the Macy's is extremely high relative to more modern mall locations but the store remains open because of it's prominent location in Center City. I don't see why a brand new high end brand would want to move into that sort of space instead of a brand new, efficiently designed location that would offer maximum opportunity for profitability.

Because the Wanamaker space is iconic inefficient or not. The foot traffic alone during the holidays could never be paralleled in a new building.

McBane · #**9743** Posted **Feb 23, 2018, 2:33 PM**

^ I think what ebuilder is trying to say is that there's no reason for Bloomingdale's to move into the Macy's space. I think everyone is on the same page that Macy's isn't moving from its iconic space. But that still begs the question - where would a Bloomingdale's fit? As I mentioned in my earlier post, 1911 Walnut could be a perfect spot.

iheartphilly · #**9744** Posted **Feb 23, 2018, 3:03 PM**

Quote:

Originally Posted by McBane

^ I think what ebuilder is trying to say is that there's no reason for Bloomingdale's to move into the Macy's space. I think everyone is on the same page that Macy's isn't moving from its iconic space. But that still begs the question - where would a Bloomingdale's fit? As I mentioned in my earlier post, 1911 Walnut could be a perfect spot.

Did anyone rule out FOP? I imagine they would require at least 100k square foot of space. Multi-floors would be fine like 2 floors of 50k. Maybe 3 floors at 33k each. Something like that. What size are the floor plates at 1911?

MichaelScottsOffice · #**9745** Posted **Feb 23, 2018, 9:06 PM**

Quote:

Originally Posted by ebuilder

TOD bonuses along the EL at five locations, only one in west philly though.

http://planphilly.com/articles/2018/02/2...iented-development-sites-in-north-philly

Sounds good

SEFTA · #**9746** Posted **Feb 23, 2018, 10:34 PM**

It does sound good. Makes sense. I'm confused as to why all the stations aren't listed as TOD zones.

City Wide · #**9747** Posted **Feb 24, 2018, 12:26 AM**

Quote:

Originally Posted by iheartphilly

Did anyone rule out FOP? I imagine they would require at least 100k square foot of space. Multi-floors would be fine like 2 floors of 50k. Maybe 3 floors at 33k each. Something like that. What size are the floor plates at 1911?

1911 Walnut is reporting that its present plan includes 25K sq.ft. of retail, a very long, long way from what would needed for a major dept. store. Plus I can't imagine the neighbors would EVER go along with the zoning needed for such a plan.

GtownFriend · #**9748** Posted **Feb 24, 2018, 12:42 AM**

Quote:

Originally Posted by SEFTA

It does sound good. Makes sense. I'm confused as to why all the stations aren't listed as TOD zones.

I think the basic zoning is potentially there for all stops. BUT, they have to be nominated or put forward in some way to have it active. So far the local council people have chosen to focus on specific stops, and those have been nominated. 46th st in West Philly was nomiated a while back and now four more through Kensington.

jsbrook · #**9749** Posted **Feb 24, 2018, 2:01 PM**

Quote:

Originally Posted by iheartphilly

Did anyone rule out FOP? I imagine they would require at least 100k square foot of space. Multi-floors would be fine like 2 floors of 50k. Maybe 3 floors at 33k each. Something like that. What size are the floor plates at 1911?

FOP could work, particularly if they knock down the Robinson's building and adjacent buildings as they are trying to do...I think it's more likely it's a standalone right across from/next to the Gallery complex than in it. Incorrect on their space needs, I think. The average Bloomingdale's is 243,000 square feet, and when it was last talking about opening up in Philly i 2015, it said it was looking for 150,000 square feet. 1911 Walnut is too small, and they are also going for greater diversity of uses in their retail assortment. I don't know how Bloomies views that location from a business standpoint, but they would help cement it as a a more upscale destination with a diversity of price points if they did go there. More high end stuff would follow.

jsbrook · #**9750** Posted **Feb 24, 2018, 2:03 PM**

Quote:

Originally Posted by City Wide

1911 Walnut is reporting that its present plan includes 25K sq.ft. of retail, a very long, long way from what would needed for a major dept. store. Plus I can't imagine the neighbors would EVER go along with the zoning needed for such a plan.

I can't see why the neighbors would not. Two of New York York's most expensive residential towers are being being over a Neiman Marcus and Nordstrom. But, yes, 1911 is too small to accommodate and also wants greater diversity in its retail.

Jayfar · #**9751** Posted **Feb 24, 2018, 5:42 PM**

Quote:

Originally Posted by iheartphilly

Did anyone rule out FOP? I imagine they would require at least 100k square foot of space. Multi-floors would be fine like 2 floors of 50k. Maybe 3 floors at 33k each. Something like that. What size are the floor plates at 1911?

What is FOP? I'm sure you don't mean the police union. Teh google can't figure it out either.

FOP
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.
Category filter:
Acronym Definition
FOP Fraternal Order of Police
FOP Fibrodysplasia Ossificans Progressiva
FOP Flash Operator Panel
FOP Flowery Orange Pekoe
FOP Fairly Oddparents (cartoon)
FOP Front of Pack (food labeling)
FOP Form of Payment
FOP Free Of Payment
FOP Formatting Object Processor
FOP Feature Oriented Programming
FOP Fibrodisplasia Osificante Progresiva (Spanish: Fibrodysplasia Ossificans Progressiva)
FOP Friends of Police
FOP Fédération Française des Producteurs d'Oléagineux et de Protéagineux (French)
FOP Flight Operations Plan
FOP Fresh Off the Plane
FOP Federation of Planets (Star Trek)
FOP Forward Observation Post
FOP Financial Operating Plan
FOP Finished Open Porch (building code)
FOP Function Operation
FOP Field Operating Procedure
FOP Frank O. Pinion (St. Louis radio personality)
FOP Formatting-Object Parser
FOP Forecast Of Procurement
FOP Optical Fibre Plate
FOP Factory Order Processing
FoP Fountains of Paradise (Arthur C. Clarke novel)
FOP Found on Post (US DoD)
FOP Fibre Optic Patch
FOP Friends of Plaid
FOP Furthest-On Point
FOP First-Order Perturbation (nuclear energy)
FOP Fred. Olsen Production (Norway)
FOP Federal Operating Permit (various locations)

https://acronyms.thefreedictionary.com/FOP

tsarstruck · #**9752** Posted **Feb 24, 2018, 5:49 PM**

The mixed use project at 13th and Reed that will incorporate Theater Exile in the basement is coming along fast. Really deep foundation, this k the basement will be 16' high.

More details on the project on Naked Philly.

shadowbat2 · #**9753** Posted **Feb 24, 2018, 8:51 PM**

Quote:

Originally Posted by Jayfar

What is FOP? I'm sure you don't mean the police union. Teh google can't figure it out either.

FOP
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.
Category filter:
Acronym Definition
FOP Fraternal Order of Police
FOP Fibrodysplasia Ossificans Progressiva
FOP Flash Operator Panel
FOP Flowery Orange Pekoe
FOP Fairly Oddparents (cartoon)
FOP Front of Pack (food labeling)
FOP Form of Payment
FOP Free Of Payment
FOP Formatting Object Processor
FOP Feature Oriented Programming
FOP Fibrodisplasia Osificante Progresiva (Spanish: Fibrodysplasia Ossificans Progressiva)
FOP Friends of Police
FOP Fédération Française des Producteurs d'Oléagineux et de Protéagineux (French)
FOP Flight Operations Plan
FOP Fresh Off the Plane
FOP Federation of Planets (Star Trek)
FOP Forward Observation Post
FOP Financial Operating Plan
FOP Finished Open Porch (building code)
FOP Function Operation
FOP Field Operating Procedure
FOP Frank O. Pinion (St. Louis radio personality)
FOP Formatting-Object Parser
FOP Forecast Of Procurement
FOP Optical Fibre Plate
FOP Factory Order Processing
FoP Fountains of Paradise (Arthur C. Clarke novel)
FOP Found on Post (US DoD)
FOP Fibre Optic Patch
FOP Friends of Plaid
FOP Furthest-On Point
FOP First-Order Perturbation (nuclear energy)
FOP Fred. Olsen Production (Norway)
FOP Federal Operating Permit (various locations)

https://acronyms.thefreedictionary.com/FOP

Fashion Outlets of Philadelphia (renamed Fashion District) There was "talk" of Bloomingdales opening in the former JCPenney/Burlington space, depends on how much square footage they could piece together (the top floor is becoming the movieplex)

shadowbat2 · #**9754** Posted **Feb 24, 2018, 9:32 PM**

A while back when looking at the Bloomingdale's request I was doing some math to see how it would work in the Gallery anchor space....

According to this site the JCPenney was 184,000 sf. When Burlington took over, they had 147,000 sf (minus the 37,000 sf lower level that became Pay Half) at 49,000 roughly each floor. With the upper floor taken for the movieplex the two floors that remain total only 98,000 sf, well below the 150,000 that Bloomingdale's was looking for. Unless of course they get 52,000 back from the lower level....

jsbrook · #**9755** Posted **Feb 24, 2018, 11:35 PM**

DELETE. Wrong building. (A restaurant is going where Agno was, not the building I thought on the block over on Chestnut). https://www.phillymag.com/foobooz/2018/02/15/el-merkury-rittenhouse-restaurant/ I guess that means redevelopment as a tower is not imminent for that building.

McBane · #**9756** Posted **Feb 25, 2018, 4:29 AM**

Quote:

Originally Posted by jsbrook

I can't see why the neighbors would not. Two of New York York's most expensive residential towers are being being over a Neiman Marcus and Nordstrom. But, yes, 1911 is too small to accommodate and also wants greater diversity in its retail.

1911 isn't too small for anything. It's not yet built. Yea, the ship has probably sailed but changes could still be made. It seems shortsighted to not have accounted for the opportunity to own such a large retail space in Rittenhouse. Maybe they poked around and Bloomingdale's (or any other high end department store) wasn't interested.

jsbrook · #**9757** Posted **Feb 25, 2018, 2:00 PM**

Quote:

Originally Posted by McBane

1911 isn't too small for anything. It's not yet built. Yea, the ship has probably sailed but changes could still be made. It seems shortsighted to not have accounted for the opportunity to own such a large retail space in Rittenhouse. Maybe they poked around and Bloomingdale's (or any other high end department store) wasn't interested.

Yes, it actually is. The floorplates are not that large and the Walnut Street side is further restricted by adjacent buildings, necessitating a narrow strip for the retail space that spans 19th to 20th on the Sansom Street side. Bloomingdales would need an unrealistic number of floors to fill the space needs for its standard full line store and be compromised in its layout as well.

jsbrook · #**9758** Posted **Feb 25, 2018, 2:10 PM**

Quote:

Originally Posted by jsbrook

Yes, it actually is. The floorplates are not that large and the Walnut Street side is further restricted by adjacent buildings, necessitating a narrow strip for the retail space that spans 19th to 20th on the Sansom Street side. Bloomingdales would need an unrealistic number of floors to fill the space needs for its standard full line store and be compromised in its layout as well.

If the Stotesbury mansions and other buildings spanning up to 20th did not exist, and Bloomingdales could use the entirety of the plot to 20th for 3 or so floors, it would probably be feasible.

Jayfar · #**9759** Posted **Feb 25, 2018, 2:15 PM**

Quote:

Originally Posted by shadowbat2

Fashion Outlets of Philadelphia (renamed Fashion District) There was "talk" of Bloomingdales opening in the former JCPenney/Burlington space, depends on how much square footage they could piece together (the top floor is becoming the movieplex)

Thanks shadowbat. I had read the earlier post sort of twisted and was missing the Bloomie's tangent; I thought they were asking what retailer could fit into the 1911 Walnut St building (besides Wendy's of course).

City Wide · #**9760** Posted **Feb 25, 2018, 4:31 PM**

All this talk about Bloomingdale's got me thinking, and I really know nothing about any of this-------Macy's and Bloomies are owned by the same parent company, how much different is there between the two stores and is there enough of a separate market to support two large department stores within in 10 blocks of each other?

And why all the talk about Bloomingdale's, and not some store owned by a different company, like Nordstrom? They certainly have shown a willingness to enter a urban market in NYC