heard a rumor that Crescent Market is moving to 6th and Broadway or somewhere around there.
Anyone else hear this?
heard a rumor that Crescent Market is moving to 6th and Broadway or somewhere around there.
Anyone else hear this?
That could make sense, maybe old CD Warehouse bldg, its plenty big enough
Yes. But I also heard they're looking at locations up north too. I would love to see them anywhere downtown to Midtown and think they could do well if they pull in the Heritage Hills and Mesta Park shoppers.
Somewhere in Auto Alley would be great for the downtown community, as that is still considered downtown and would go a long way towards filling that hole for those that live and want to live in the downtown area.
Also, it's still easy access for the affluent neighborhoods to the north. Would also help turn AA into more of a retail desitnation.
As a side note, anyone know why they are looking at this point in time? I know CHK has not received any sort of approval to make changes at NH Plaza and it doesn't even seem like this is coming anytime soon.
I'm sure Crescent eventually will be displaced but why are they looking now? Perhaps they don't want to go head-to-head with the new Whole Foods?
Chesapeake just raised Crescent's rent by quite a bit, I've heard. I'm not sure why. Maybe Whole Foods doesn't want any competition within a certain range?
Interesting, betts.
The only reason CHK would do that is if they wanted them out of there. That must mean they are ramping up plans for NH Plaza.
I wouldn't be surprised if the plan was to move a lot of the NH Plaza tenants to the new construction at Classen Curve and the developing area around Whole Foods. Obviously, that wouldn't work for Crescent.
You know they are going to raze and rebuild at least the south section of the plaza and I imagine they will be courting a lot of high-profile luxury retailers for that.
It'd make more sense for them to move to DT after today's formal announcement of Market C closing.
Market C is closing??? Bummer.
Wonder what will become of that cool little building.
Crescent Market would need more space than that. Are you saying the building is 13,000 sf? I don't see them squeezing in with another tenant into that space. The current Nichols Hills Plaza location is 20,000+ sf, and there's no doubt they would downsize, but I see them still needing at least half. I don't see them wanting to downsize their operation at all, it's just that as someone earlier stated, the NHP location does utilize a very cumbersome and inefficient floor plan.
Broadway would be awesome for them, but they just need more space than that particular building can offer them. I presume the same goes for the Bicycle Alley space.
I think Hideaway is taking the southern portion of the building too, based on where they're cleaning up, and that would put Crescent in the middle of the building. They need better parking than that site. There's a very large building up north of 13th on the west side of Broadway that is for lease. It looks like it would need a lot of renovation, but there's quite a bit of parking and again, it would be very accessible for not only downtown, but also Heritage Hills and Mesta Park. But I'll be happy were it located anywhere in the downtown/Midtown area. I'm not stuck on it being walkable for me, since usually my grocery shopping results than more than a bag or two.
Yeah, and also if you go north on Broadway there's 1101 and 1100 both of which just have temporary uses on the ground floor space.
I still say that the Packard NEEDS to be Full Circle. That building just screams bookstore to me. Full Circle just screams urban to me. It would be perfect.
Can you imagine if BOTH Crescent Market and Full Circle happened to move downtown within blocks of each other? That would be huge. Add it to Hideaway, Rawhide, other things..and now things are really cooking.
Spartan.....Full circle continues to say they are not leaving 50 Penn. I am with you though perfect spot for their book store.
Betts,...I can't think of the building at 13th and Broadway, unless you mean the old used car building and lot next to yellow cab at 14th?
Not saying it's false... I'm just wanting to smoke him out. For what it's worth, I do think downtown will at some point see grocery as we get more and more rooftops. And there is interest out there....
I'm glad I sold my CHK when I did. I'm getting to really dislike this company. If you watch CNBC, they are becoming the company everyone loves to hate - for far too many reasons. I still say what many won't - Aubrey wouldn't still be there if he wasn't in the Hefner bloodline. Hiking the rent on Crescent sounds about right. They need to decide what business they're in. Did I mention how glad I am that sold my CHK stock? Ugh.
Isn't there a grocery store going in the Level Apartments?
I don't think this thread is the tell tale sign of Crescent Market moving downtown, and it's not this thread that has us all getting our hopes up. We were discussing in another thread that CM was starting to look at places in Midtown, and betts mentioned she had suggested to them a building on Walker I think. Apparently CM had their rents raised considerably and is being encouraged to leave the Whole Foods zone, which they're willing to do for their own bottom line, as well.
It seems very possible right now that Whole Foods could end up doing more to land downtown some grocery stores than downtown ever did for itself. With Crescent Market and the grocer that McKowns is going to sign, downtown could have two viable small grocers by the end of this year.
What about the large building on the East side of Walker between NW 7th and 8th streets?
Could this be a good spot for a grocery store? Parking, near homes, large building that doesn't appear to need much work. In fact, it kinda looks like a grocery store.
It's amazing how much the no-grocery-store-downtown issue comes up. Downtown Dallas doesn't have a grocery store. I live in midtown and live closer to a grocery store than I ever have in my entire life (10 residences).
If there eventually is grocery downtown, will it cost $10 to park? lol.
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