PHILADELPHIA | THE LAUREL @ 1911 Walnut | 604 FT | 48 FLOORS - Page 111

Jayfar · #**2201** Posted **Jun 25, 2019, 3:30 PM**

Quote:

Originally Posted by rb233541

Would a Whole Foods fall in the camp of "game changer"?

Wegmans or go home.

Wegmans is playing with an urban store format these days, breaking with their past tradition of suburban-siting only. Problem is they'd probably want ~80,000 sq ft (versus about 120k sq feet for their suburban stores).

https://www.bisnow.com/washington-dc...c-region-87944

On the other hand, a Wendy's® right on Rit Sq would truly be a game changer.

Groundhog · #**2202** Posted **Jun 25, 2019, 5:16 PM**

Quote:

Originally Posted by Jayfar

On the other hand, a Wendy's® right on Rit Sq would truly be a game changer.

The Forum is finally reopening and will have an IMAX screen.

It will be a bigger game changer than 10 Wendy's on the square.

jsbrook · #**2203** Posted **Jun 25, 2019, 5:17 PM**

Quote:

Originally Posted by Parkway

Don't get me wrong I like supporting local businesses but this would probably put the Rittenhouse Market out of business. That in turn would free up that underused parcel for something more than a one story grocery store.

That would be a shame for those owners, and I like and shop at Rittenhouse Market personally. But, yes, it might not be the worst thing in the world all things considered. That one-story building at 18th and Spruce is definitely a criminal underuse of that land...

jsbrook · #**2204** Posted **Jun 25, 2019, 5:21 PM**

Quote:

Originally Posted by Groundhog

The Forum is finally reopening and will have an IMAX screen.

It will be a bigger game changer than 10 Wendy's on the square.

Also an interesting thought and more of game change than a grocery store too. A movie in Rittenhouse would actually be great! That parcel is definitely walkable for families in Graduate Hospital too. Far moreso than the one coming to East Market. We can skip the porn part, though... I'd actually love to see this. Can't wait to find out what this actually will be...

nemesisinphilly · #**2205** Posted **Jun 25, 2019, 6:16 PM**

Eataly would fit in that amount of square footage. The one in Boston is 45,000 sqft and others are a bit smaller than that. It doesn't look like the old rumors of an Eataly at Market East are going to happen. It would do extremely well in this location.

Jayfar · #**2206** Posted **Jun 25, 2019, 6:55 PM**

Quote:

Originally Posted by jsbrook

…A movie in Rittenhouse would actually be great! That parcel is definitely walkable for families in Graduate Hospital too. Far moreso than the one coming to East Market. We can skip the porn part, though... I'd actually love to see this. Can't wait to find out what this actually will be...

Recall that one of the earliest plans, back when the PPA had a stake in the site, included a Ritz Theater.

Quote:

Originally Posted by nemesisinphilly

Eataly would fit in that amount of square footage. The one in Boston is 45,000 sqft and others are a bit smaller than that. It doesn't look like the old rumors of an Eataly at Market East are going to happen. It would do extremely well in this location.

DiBruno Bros would not be amused.

jsbrook · #**2207** Posted **Jun 25, 2019, 9:46 PM**

Quote:

Originally Posted by Jayfar

DiBruno Bros would not be amused.

Is there really that much overlap between DiBruno Bros and Eataly? I think of Eataly as a lot more comparable to Reading Terminal Market and the Bourse than DiBruno Bros.

Jayfar · #**2208** Posted **Jun 25, 2019, 10:13 PM**

Quote:

Originally Posted by jsbrook

Is there really that much overlap between DiBruno Bros and Eataly? I think of Eataly as a lot more comparable to Reading Terminal Market and the Bourse than DiBruno Bros.

Maybe so. I have to admit I haven't been to an Eataly. Actually, come to think of it, having Eataly and DiBruno within a few blocks of each other might be a plus for both.

Thoroughbred · #**2209** Posted **Jun 26, 2019, 10:23 AM**

Equinox...https://www.equinox.com/

jsbrook · #**2210** Posted **Jun 26, 2019, 11:29 AM**

Quote:

Originally Posted by Thoroughbred

Equinox...https://www.equinox.com/

Eva Walker, the Laurel's Director of Sales, told me no. But we'll see...An Equinox is nicer than the Bellevue Sporting Club, but it's certainly not revolutionary. And there is a Barry's Boot Camp coming across the street in the Harper. I am hoping for some of the other ideas tossed about yesterday. A movie theater or top grocery store. Maybe it will be some new "experiential" thing no one has thought of and come closer to the "ground breaking" moniker Southern Land has thrown out there.

iheartphilly · #**2211** Posted **Jun 26, 2019, 1:12 PM**

Quote:

Originally Posted by jsbrook

Eva Walker, the Laurel's Director of Sales, told me no. But we'll see...An Equinox is nicer than the Bellevue Sporting Club, but it's certainly not revolutionary. And there is a Barry's Boot Camp coming across the street in the Harper. I am hoping for some of the other ideas tossed about yesterday. A movie theater or top grocery store. Maybe it will be some new "experiential" thing no one has thought of and come closer to the "ground breaking" moniker Southern Land has thrown out there.

My money is on a high end grocer. They are the ones that can consistently pay high rent and landlords love reliable and long-term leases. More people eat than exercise-that's for sure! And, not sure about office high-rises where jobs are located, but I speculate big company have a very good fitness center with showers. And, there are supplemental programs that you pay monthly fees (lesser than a full gym membership) to do Pilates, barre, or yoga classes, etc. So, not sure how popular and how well saturated these high end gyms will fair in the case when you have more supply than demand.

jrdizzy · #**2212** Posted **Jun 26, 2019, 6:05 PM**

I was working at the Harper today helping a new office tennet get set up. Got a few pics of the Laurel.

jrdizzy · #**2213** Posted **Jun 26, 2019, 6:08 PM**

Slightly different angle.

jsbrook · #**2214** Posted **Jun 26, 2019, 7:19 PM**

Quote:

Originally Posted by iheartphilly

My money is on a high end grocer. They are the ones that can consistently pay high rent and landlords love reliable and long-term leases. More people eat than exercise-that's for sure! And, not sure about office high-rises where jobs are located, but I speculate big company have a very good fitness center with showers. And, there are supplemental programs that you pay monthly fees (lesser than a full gym membership) to do Pilates, barre, or yoga classes, etc. So, not sure how popular and how well saturated these high end gyms will fair in the case when you have more supply than demand.

Notwithstanding boutiques and specialty places, I think there is room for and sufficient demand for another high end full service gym in Rittenhouse. But it doesn't have to be here and seems unlikely that it will be. Nice shots, jrdizzy!

RonnieStevens · #**2215** Posted **Jun 26, 2019, 7:53 PM**

Wow I almost cant believe this one is actually happening

Larry King · #**2216** Posted **Jun 26, 2019, 8:54 PM**

Quote:

Originally Posted by iheartphilly

My money is on a high end grocer. They are the ones that can consistently pay high rent and landlords love reliable and long-term leases. More people eat than exercise-that's for sure! And, not sure about office high-rises where jobs are located, but I speculate big company have a very good fitness center with showers. And, there are supplemental programs that you pay monthly fees (lesser than a full gym membership) to do Pilates, barre, or yoga classes, etc. So, not sure how popular and how well saturated these high end gyms will fair in the case when you have more supply than demand.

Yeah if it's not equinox then I'm betting on a Whole Foods.

Jawnadelphia · #**2217** Posted **Jun 28, 2019, 1:33 PM**

reparcsyks · #**2218** Posted **Jun 29, 2019, 12:40 AM**

Quote:

Originally Posted by Larry King

Yeah if it's not equinox then I'm betting on a Whole Foods.

How is a Whole Foods "game changing?" There are two that are each 10-20 minutes away from Rittenhouse.

Redddog · #**2219** Posted **Jul 1, 2019, 2:17 PM**

Quote:

Originally Posted by reparcsyks

How is a Whole Foods "game changing?" There are two that are each 10-20 minutes away from Rittenhouse.

I think they're referring to the change that an upscale grocer would have on the Rittenhouse Square scene. Not Philly as a whole.

City Wide · #**2220** Posted **Jul 1, 2019, 7:44 PM**

Real estate developers speak a different language. They'd call a gas station at 20th & Sansom game changing!