Downtown Minneapolis Retail News

Downtown - North Loop - Mill District - Elliot Park - Loring Park
Azel
Metrodome
Posts: 83
Joined: March 26th, 2013, 8:55 pm

Re: Downtown Retail News

Postby Azel » December 4th, 2014, 1:51 pm

Heard any credible rumors about the former Office Depot space in City Center lately?

xandrex
Wells Fargo Center
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Re: Downtown Retail News

Postby xandrex » December 4th, 2014, 3:05 pm

LakeCharles wrote:How is a sweater from Askov Finlayson or Martin Patrick 3 any harder to wear than a sweater from Len Druskin? The Galleria Druskin even stocks some of the same brands as Martin Patrick 3.
Not harder to wear, but a lot of these boutiques charge prices that are mind-boggling. The bigger stores appear to have a bit more of a range (even if overall they're still fairly expensive).

Honestly, we need more places like Gap downtown than we do Askov Finlayson. I like AF a lot, but for retail to thrive, we need to appeal to people who are more comfortable paying $50 for a pair of jeans moreso than $250 pairs.

twincitizen
Moderator
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Re: Downtown Retail News

Postby twincitizen » December 4th, 2014, 4:12 pm

We also need existing places like Banana Republic and Brooks Brothers to get their asses down to the street level, instead of hiding up in the skyway malls.

mullen
Foshay Tower
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Joined: June 4th, 2012, 7:02 am

Re: Downtown Retail News

Postby mullen » December 5th, 2014, 9:21 am

why should they? that's where the business is for the thousands of dt office workers. why should the be on the street when we as a city have created this convenient second level that is weather controlled.

ECtransplant
US Bank Plaza
Posts: 751
Joined: June 1st, 2012, 9:56 am

Re: Downtown Retail News

Postby ECtransplant » December 5th, 2014, 9:48 am

A couple months after I moved to Minneapolis and wanted to go to Brooks Brothers I couldn't find it. Once I realized it was in the skyway, I still circled around a couple times before finding it.

MplsSteve
Nicollet Mall
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Joined: May 2nd, 2013, 9:11 am

Re: Downtown Retail News

Postby MplsSteve » December 5th, 2014, 11:09 am

If every development was as well designed as the IDS Crystal Court, retailers could be on the street level and still be visible and easily accessible from both the skyway and the street.

mnmike
Wells Fargo Center
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Joined: June 2nd, 2012, 11:01 am

Re: Downtown Retail News

Postby mnmike » December 10th, 2014, 4:57 pm

http://www.bizjournals.com/twincities/b ... polis.html

Oh good, Walgreens is confirmed for the Sak's space...though not exactly the flagship version mentioned earlier. I wonder if 23,000 sq feet will occupy more than the first level. Perhaps the 2nd level will be split up with a skyway running through the middle. I think the building is around 90k square feet? So 23k is about one floor perhaps.

lordmoke
Wells Fargo Center
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Location: Nicollet Island

Re: Downtown Retail News

Postby lordmoke » December 10th, 2014, 5:42 pm

Still, double the size of a typical store is a pretty big deal. Glad this space won't be vacant!

Hopefully this means the current Walgreens location gets a new tenant and an overhaul. That building needs some help.

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Silophant
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Location: The Gateway

Re: Downtown Retail News

Postby Silophant » December 10th, 2014, 6:33 pm

I'd like to see the second floor rearranged such that the skyway path doesn't pass through the store, if it does use the second floor. I think that's one of the biggest barriers to getting consistent evening hours for the skyway system, that you can't really convince Macy's and Saks to stay open late just to let people walk through. (Though they do in the morning, of course).

Wonder if there's any chance this Walgreens would be open 24hrs like the Corner W in Stadium Village? A 24-hour convenience store would be pretty helpful to the 70k by 2025 plans. Not sure if there'd be enough demand to support it yet, though.

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Andrew_F
Rice Park
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Joined: May 31st, 2012, 10:15 pm
Location: Stevens Square

Re: Downtown Retail News

Postby Andrew_F » December 10th, 2014, 10:21 pm

If this ends up being 24hr (or at least open to 11 or 12, as opposed to 8 at the current Walgreens), it would be huge for downtown's livability. With the residential and hotel growth on this end of downtown, I could see it. A large convenience store with good hours within easy walking distance is a great amenity. I'm actually pretty excited about this, much more so than I would be over a specialty retailer.

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TommyT
Target Field
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Joined: August 13th, 2013, 9:21 am

Re: Downtown Retail News

Postby TommyT » December 11th, 2014, 8:44 am

Don't know where to post this, but Caribou Coffee in the Baker Center appears to be moving from their current location to the [former] Nic on 5th leasing space they had [in the Baker Center.] Much larger space for them but it looks same ole' same ole' as far as the store itself goes.

grant1simons2
IDS Center
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Location: Marcy-Holmes

Re: Downtown Retail News

Postby grant1simons2 » December 11th, 2014, 9:36 am

Don't know where to post this, but Caribou Coffee in the Baker Center appears to be moving from their current location to the Nic on 5th leasing space they had.
They're moving into Nic on Fifth? Street level or skyway? Or typo...

mnmike
Wells Fargo Center
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Re: Downtown Retail News

Postby mnmike » December 11th, 2014, 9:37 am

He is saying they are moving to where the Nic on Fifth leasing office was in the Baker center.

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TommyT
Target Field
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Joined: August 13th, 2013, 9:21 am

Re: Downtown Retail News

Postby TommyT » December 11th, 2014, 9:41 am

mnmike wrote:He is saying they are moving to where the Nic on Fifth leasing office was in the Baker center.
^^ Correct. Thanks Mike.

grant1simons2
IDS Center
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Joined: February 8th, 2014, 11:33 pm
Location: Marcy-Holmes

Re: Downtown Retail News

Postby grant1simons2 » December 11th, 2014, 10:44 am

Oh! Thank you for the clarification

MinnMonkey
Nicollet Mall
Posts: 156
Joined: July 6th, 2012, 11:31 am

Re: Downtown Retail News

Postby MinnMonkey » December 12th, 2014, 1:16 pm

Walgreens is going to lease the entire 37,000 square feet of space that Saks occupies, and use 23,000 for their store. Their flagship store in Chicago is 27,800.

So, the marquee store isn't that much smaller than a flagship store, and they have a ton of extra space to convert it to a flagship store in the future if they want to.

ECtransplant
US Bank Plaza
Posts: 751
Joined: June 1st, 2012, 9:56 am

Re: Downtown Retail News

Postby ECtransplant » December 12th, 2014, 1:30 pm

So what is Walgreens going to do with that extra 14,000 sq ft?

MNdible
is great.
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Location: Minneapolis

Re: Downtown Retail News

Postby MNdible » December 12th, 2014, 1:47 pm

Three words:

Authentic German Discotheque.

lordmoke
Wells Fargo Center
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Location: Nicollet Island

Re: Downtown Retail News

Postby lordmoke » December 12th, 2014, 1:50 pm

MNdible wrote:Three words:

Authentic German Discotheque.
Walgreen's is from Chicago though, so it will probably turn out to be Polish.

Nobody will even miss Nye's.

xandrex
Wells Fargo Center
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Joined: January 30th, 2013, 11:14 am

Re: Downtown Retail News

Postby xandrex » December 12th, 2014, 2:08 pm

lordmoke wrote:
MNdible wrote:Three words:

Authentic German Discotheque.
Walgreen's is from Chicago though, so it will probably turn out to be Polish.

Nobody will even miss Nye's.
Or move Nye's there.

#nyegreens


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