The Once and Future Dayton's

Downtown - North Loop - Mill District - Elliot Park - Loring Park
robotlollipop
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Re: The Once and Future Dayton's

Postby robotlollipop » October 24th, 2017, 1:14 am

I'm excited for this project but I would love to hear some reasons why this won't end up like Block E.

helsinki
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Re: The Once and Future Dayton's

Postby helsinki » October 24th, 2017, 4:36 am

robotlollipop wrote:
October 24th, 2017, 1:14 am
I'm excited for this project but I would love to hear some reasons why this won't end up like Block E.
If it replicates the chain restaurant experience of Block E, it will likely suffer the same fate. If it replicates a food hall like LA's Grand Central Market (mix of small vendors, common seating) or even Atlanta's Krog Street Market, however, it would likely succeed. It also benefits from the superior site & building; Block E had all the charm of a Best Buy.

Silophant
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Re: The Once and Future Dayton's

Postby Silophant » October 24th, 2017, 7:13 am

Right. What this reminds me more of, actually, is Atlanta's Ponce City Market. We've seen time and again that a replica of a suburban mall, but downtown, doesn't work, but with a good food hall and a couple, (or even one), destination retailers, I think it'll do just fine.

Now, is Mid-America, architect of such retail successes as the Nicollet Walgreen's sitting empty for two years and the Ren Square space sitting vacant for like, 5 years now, the right group to do it? That's the big question for me.

SurlyLHT
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Re: The Once and Future Dayton's

Postby SurlyLHT » October 24th, 2017, 7:58 am

I'm wondering how this will impact City-Center nearby? I could see it potentially being complementary, or a detriment. Maybe with more people living Downtown and the potential of the Southwest LRT this might have more of a chance over Block E?

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VacantLuxuries
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Re: The Once and Future Dayton's

Postby VacantLuxuries » October 24th, 2017, 8:28 am

My dream would be that the owners of City Center would feel pressured to either open up their ugly building or just tear down the Nicollet Mall facing part to develop into a new tower.

amiller92
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Re: The Once and Future Dayton's

Postby amiller92 » October 24th, 2017, 8:30 am

Silophant wrote:
October 24th, 2017, 7:13 am
the Ren Square space sitting vacant for like, 5 years now
Oh, longer than that.

amiller92
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Re: The Once and Future Dayton's

Postby amiller92 » October 24th, 2017, 8:31 am

SurlyLHT wrote:
October 24th, 2017, 7:58 am
I'm wondering how this will impact City-Center nearby? I could see it potentially being complementary, or a detriment. Maybe with more people living Downtown and the potential of the Southwest LRT this might have more of a chance over Block E?
If it's successful, it will be good for City Center. These things are complementary, not competitive.

That said, I'm with those who want to be optimistic but see the danger.

Silophant
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Re: The Once and Future Dayton's

Postby Silophant » October 24th, 2017, 8:39 am

amiller92 wrote:
October 24th, 2017, 8:30 am
Silophant wrote:
October 24th, 2017, 7:13 am
the Ren Square space sitting vacant for like, 5 years now
Oh, longer than that.
Actually, on that note, walked by this morning and saw that there are no longer 'for lease' posters on the windows, and was no longer able to find it on MidAmerica's website. No cause for celebration yet, but... something may be happening there.

mamundsen
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Re: The Once and Future Dayton's

Postby mamundsen » October 24th, 2017, 9:51 am

https://www.bizjournals.com/twincities/ ... anies.html

Dayton’s redevelopment bets Minneapolis companies want massive office floor plates (Gallery) [locked]
Window seats won’t be easy to come by in the former Macy's building when the new owner finishes a $191 million renovation that will add several floors of office space.
$191 million?!?!? :o :shock: Did we know that was the budget? On that note alone, I expect this to succeed. You don't spend a 1/4 billion dollars and not make it work.

SkyScraperKid

Re: The Once and Future Dayton's

Postby SkyScraperKid » October 25th, 2017, 10:58 am

mamundsen wrote:
October 24th, 2017, 9:51 am
https://www.bizjournals.com/twincities/ ... anies.html

Dayton’s redevelopment bets Minneapolis companies want massive office floor plates (Gallery) [locked]
Window seats won’t be easy to come by in the former Macy's building when the new owner finishes a $191 million renovation that will add several floors of office space.
$191 million?!?!? :o :shock: Did we know that was the budget? On that note alone, I expect this to succeed. You don't spend a 1/4 billion dollars and not make it work.
WOW! That is alot of money. How could they have anything but success? It's not possible.. I agree it can't possibly fail. :) Glad we don't have to worry about this block anymore.

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VacantLuxuries
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Re: The Once and Future Dayton's

Postby VacantLuxuries » October 25th, 2017, 11:40 am

$150 million in 2000 = $219 million in 2017. How could they fail indeed.
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Nathan
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Re: The Once and Future Dayton's

Postby Nathan » October 25th, 2017, 12:41 pm

VacantLuxuries wrote:
October 25th, 2017, 11:40 am
$150 million in 2000 = $219 million in 2017. How could they fail indeed.
I mean but they built the entire structure, hotel, and parking garage... this building exists already.

Not that I think money is what is going to make it successful or not.

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VacantLuxuries
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Re: The Once and Future Dayton's

Postby VacantLuxuries » October 25th, 2017, 12:43 pm

My point is largely that the amount of money spent doesn't guarantee success.

mamundsen
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Re: The Once and Future Dayton's

Postby mamundsen » October 25th, 2017, 1:51 pm

I know money doesn't guarantee success, I was just getting at the point that when spending $250,000,000 on an investment, you do more than the minimum and don't rely on a hope and a prayer.

SurlyLHT
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Re: The Once and Future Dayton's

Postby SurlyLHT » October 27th, 2017, 4:32 pm

Star Tribune reports that the Super Bowl Host Committee is moving to the ground floor of Dayton's. (We can call it Dayton's again right?)

relux
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Re: The Once and Future Dayton's

Postby relux » November 1st, 2017, 11:51 am

I'm hearing that a major retailer that has a presence in Uptown may be close to signing on or already has.. That's all I can really add at the moment, I know it's not much...

LakeCharles
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Re: The Once and Future Dayton's

Postby LakeCharles » November 1st, 2017, 11:56 am

I assume you mean Apple, because I can't imagine anyone getting overly excited about an H&M or Victoria's Secret here.

Silophant
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Re: The Once and Future Dayton's

Postby Silophant » November 1st, 2017, 12:08 pm

Ragstock?!

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FISHMANPET
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Re: The Once and Future Dayton's

Postby FISHMANPET » November 1st, 2017, 12:21 pm

It's Penzey's. Finally the 5 story spice buying experience I've been dreaming of.

grant1simons2
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Re: The Once and Future Dayton's

Postby grant1simons2 » November 1st, 2017, 12:33 pm

Oh man. It's the NORTH. So NORTH. FACE.


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