Uptown-LynLake-Wedge - News & General Topics

Calhoun-Isles, Cedar-Riverside, Longfellow, Nokomis, Phillips, Powderhorn, and Southwest
Silophant
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Re: Uptown Retail & Restaurant News

Postby Silophant » August 6th, 2019, 9:29 am

Eh, I figured Arc'teryx only moved in to take advantage of the clustering effect with North Face and Columbia, so I expected them to be gone soon after the other two closed.

QuietBlue
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Re: Uptown Retail & Restaurant News

Postby QuietBlue » August 6th, 2019, 1:29 pm

I doubt that store got a lot of people from outside the immediate area shopping there, which probably hurt it, because it's not the kind of store that local residents would go to often. And Uptown is just not an area that people from outside of it will go to for shopping. There's definitely a strong base there for the right kind of retail, but expensive specialized places like this aren't it. There's a reason why Fjallraven switched to an outlet format for their Uptown store.

xandrex
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Re: Uptown Retail & Restaurant News

Postby xandrex » August 6th, 2019, 3:24 pm

Kind of wild how one of (if the most) cohesive, urban space in Minneapolis in an area packing some of the highest density and near some of the wealthiest areas of town, has so many high-profile vacant spots.

With the exception of Target, has there been a new retail (not service or food) tenant in the area? I'm struggling to think of one in recent memory. Right now, the spaces formerly hosting Heartbreakers, Victoria's Secret, North Face, Columbia, and the failed Calhoun Square corner rehab are empty. Famous Dave's is joining that soon. We're probably not long for Piggy Bank to follow every other restaurant in the Old Chicago space and close.

Uptown isn't dead but...yikes.

QuietBlue
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Re: Uptown Retail & Restaurant News

Postby QuietBlue » August 6th, 2019, 4:22 pm

It might just be that the landlords are asking for too much money for the space. This has been an issue in other cities as well -- NYC has double-digit retail vacancies in Manhattan, for example, and it's certainly not an issue of customers having money or population there either. Tenants can only afford so much, especially with costs rising in other areas of their businesses too. Rent is one of the costs over which they have more control, because they can relocate somewhere else if they have to.

Plus, I get the impression that the people who shop/eat/drink in Uptown these days mostly live there or very close by. It's too much of a hassle to deal with otherwise if you don't live in the area. Now, that's still a huge number of people, but it does require the right type of store or restaurant.

Qhaberl
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Re: Uptown Retail & Restaurant News

Postby Qhaberl » August 7th, 2019, 7:30 am

Maybe some of these buildings will eventually be taken down and replaced with more mixed use establishments.


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LakeCharles
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Re: Uptown Retail & Restaurant News

Postby LakeCharles » August 7th, 2019, 7:48 am

Kind of wild how one of (if the most) cohesive, urban space in Minneapolis in an area packing some of the highest density and near some of the wealthiest areas of town, has so many high-profile vacant spots.

With the exception of Target, has there been a new retail (not service or food) tenant in the area? I'm struggling to think of one in recent memory. Right now, the spaces formerly hosting Heartbreakers, Victoria's Secret, North Face, Columbia, and the failed Calhoun Square corner rehab are empty. Famous Dave's is joining that soon. We're probably not long for Piggy Bank to follow every other restaurant in the Old Chicago space and close.

Uptown isn't dead but...yikes.
The Columbia space is a salon/spa, the North Face is a co-op of some sort. They were building out something in the Victoria's Secret space, so something might be coming there soon? The rest are still vacant, yes.

KML_1981
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Re: Uptown (and LynLake) Development & General Topics

Postby KML_1981 » August 7th, 2019, 8:42 am

Looks like there will be a webcam for 410 W. Lake:

https://app.oxblue.com/open/Frana

A reminder on the project:

https://www.southwestjournal.com/new...-lake-harriet/

The webcam at the moment is definitely not this area, but image is probably a place holder for now?

twincitizen
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Re: Uptown Retail & Restaurant News

Postby twincitizen » August 7th, 2019, 10:46 am

I would be 0% mad if the Apple store bailed on Uptown for a Nicollet Mall location. Nicollet is the right place for an Apple store if we’re only going to have one in the city (both would be fine too)

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Re: Uptown Retail & Restaurant News

Postby QuietBlue » August 7th, 2019, 7:26 pm

I would be 0% mad if the Apple store bailed on Uptown for a Nicollet Mall location. Nicollet is the right place for an Apple store if we’re only going to have one in the city (both would be fine too)
While it would make sense in some ways, there's no way they would put one there due to the loss prevention issues they'd have, unfortunately.

Silophant
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Re: Uptown Retail & Restaurant News

Postby Silophant » August 7th, 2019, 7:34 pm

They have downtown stores in other cities. I'm sure they have it figured out.

grant1simons2
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Re: Uptown Retail & Restaurant News

Postby grant1simons2 » August 7th, 2019, 9:08 pm

I would be 0% mad if the Apple store bailed on Uptown for a Nicollet Mall location. Nicollet is the right place for an Apple store if we’re only going to have one in the city (both would be fine too)
While it would make sense in some ways, there's no way they would put one there due to the loss prevention issues they'd have, unfortunately.
uff da

QuietBlue
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Re: Uptown Retail & Restaurant News

Postby QuietBlue » August 8th, 2019, 7:17 am

They have downtown stores in other cities. I'm sure they have it figured out.
Of course. Being in a downtown is not the issue. But not all locations are the same. For some, the benefits will outweigh the challenges. I don't see Nicollet Mall as being one of those places in the same way that, say, Michigan Avenue is.

Edit: My initial assessment of "no way" was too strong. I still don't think they would, but they wouldn't (and shouldn't) reflexively dismiss it.
Last edited by QuietBlue on August 8th, 2019, 7:28 am, edited 1 time in total.

QuietBlue
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Re: Uptown Retail & Restaurant News

Postby QuietBlue » August 8th, 2019, 7:26 am

uff da
Uff da...what, exactly? Retailers take loss prevention into account when deciding where to locate stores. Theft happens in every store, no matter where it is, but some are more prone to it than others, whether it is due to high traffic, a location that makes it easy, or whatever. Apple doesn't like to take really strong loss prevention measures compared to other retailers, which is fine and understandable. But that doesn't mean they don't take it into consideration. If the benefits of the location don't outweigh the negatives, they won't locate there.

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MplsErik
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Re: Uptown Retail & Restaurant News

Postby MplsErik » August 8th, 2019, 9:31 am

Maybe we'll get lucky and the yet to be announced retailer at City Center is an Apple store.

Pure "wouldn't it be nice" speculation.

Silophant
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Re: Uptown Retail & Restaurant News

Postby Silophant » August 8th, 2019, 10:34 am

Wait, you're saying retailers would prefer not to locate a store in a high traffic area for loss prevention reasons?

Man, I just have no head for business at all.

grant1simons2
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Re: Uptown Retail & Restaurant News

Postby grant1simons2 » August 8th, 2019, 11:25 am

That explains my Uff Da. How high do you think Nicollet is in crime? It's such a Minnesota view on danger and crime. A company based in the bay area of California isn't going to care that there are maybe 10-20 homeless people on or near Nicollet.

BoredAgain
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Re: Uptown Retail & Restaurant News

Postby BoredAgain » August 8th, 2019, 12:08 pm

Apple has too many stores in our metro already. They are not opening any new locations until they close multiple current locations. I know this from talking to current Apple store management staff.

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Re: Uptown Retail & Restaurant News

Postby Anondson » August 8th, 2019, 12:34 pm

The Apple Store management can only guess at corporate plans. And they won’t muse about factual plans about them to the public. At best opinions.

I doubt there are too many based on the traffic and waits in the stores that are open. The Uptown store may have been a mistake but that was pretty much a Ron Johnson vanity project. It’s traffic has picked up lately but it is now an undersized footprint compared to the existing plans of new and remodels.

The Minneapolis store might be relocated and modernized to the new size, hard to call that a closing though.

I say this as having worked at an Apple Store for 11 years.

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Re: Uptown Retail & Restaurant News

Postby QuietBlue » August 8th, 2019, 12:53 pm

That explains my Uff Da. How high do you think Nicollet is in crime? It's such a Minnesota view on danger and crime. A company based in the bay area of California isn't going to care that there are maybe 10-20 homeless people on or near Nicollet.
You realize the Bay Area is a big place that has vastly different areas within it, right? Cupertino is not exactly the Tenderloin.

But no, they're not going to worry about that kind of thing as long as the revenue that it would make would justify the location. I don't think Nicollet Mall meets that criteria. It's not Michigan Avenue, Manhattan, etc.

QuietBlue
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Re: Uptown Retail & Restaurant News

Postby QuietBlue » August 8th, 2019, 1:03 pm

Wait, you're saying retailers would prefer not to locate a store in a high traffic area for loss prevention reasons?

Man, I just have no head for business at all.
I'm saying loss prevention is a factor they consider, and not all high-traffic areas are the same in terms of how well a store could do in them. There are so many things that go into these siting decisions -- "location, location, location" is just the beginning. Yes, Apple has stores in downtown areas. But they tend to go for malls or shopping complexes, at least in the US.

I'd love to be wrong on this. Downtown Minneapolis could use more retail like that.


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