Originally Posted by
Patrick
I really don't get where you're coming from. I don't really compare Penn Square to Utica Square because one is a regional mall and the other an outdoors shopping center. But, even if you did, the only thing Utica really has over Penn is a Saks. The only other department store they have is Miss Jacksons, and that definitely isn't anything special. Really, what else does Utica have that Penn doesn't? An Anthropologie? Well, we have one of those nearby in Classen Triangle. Penn Square is more comparable though to its sister Simon branded indoor mall, Woodland Hills Mall. Both have a similar mix of tenants, have similar finishings (both in fact had interior renovations designed by the same interior designer, thus the reason why both have the same texture and color of marble floorings), etc. You can't really compare Penn Square to say the Beverly Center. One is in OKC and one is in LA. You can't compare Penn to the Houston Galleria. I mean, Houston is the 4th largest city in the US, and has a much larger population and more money.
Face it....this is Oklahoma City. What stores are you looking for exactly? Gucci, Louis Voutton, Burberry, Tiffany and Co, Nieman Marcus? Yeah, maybe for cities the size of Dallas.
You mention Omaha and say that it has SEVERAL malls that best Penn Square. Which Omaha malls are you referring to? Oak View Mall in Omaha is a mall owned by GGP, and has a store line-up that's almost identical to Quail Springs. You have Westroads Mall, another GGP mall, again with a similar line up as Quail Springs. Both claim to be the premier shopping destinations in Omaha, but yet have the same stores as Quail Springs. Regency Court is a smaller shopping mall that has some upscale stores, but not much anything more than Penn has. So, put your money where your mouth is and show me some facts on how Omaha has "several" malls that best Penn Square. You can't compare Penn Square to Old Market. One is a regional mall with national mall retailers, the other is a downtown arts and entertainment district. So, I don't really see why the bashing of Penn Square. It's pretty comparable to other upper middle level malls in similar markets.
Penn Square has pretty much the same upper middle level stores as all of the places you mention: J Crew, White House Black Market, Jos A. Bank, Potter Barn, Williams Sonoma, Ann Taylor, Ann Taylor LOFT, Apple, Lucca, Apricot Lane, Swarovski, Sephora, Eddie Bauer, Vans, Aldo, Cache, Brighton, Apple, Coach, Chicos, Brookstone, J. Jill, Bachrach, Georgiou, Coldwater Creek, Fossil, Banana Republic. And then they also have the more traditional middle road national retailers like the Gap stores, The Limited, Lane Bryant, Wet Seal, Justice, Hot Topic, Finish Line, Foot Locker, Yankee Candle, New York and Company, Men's Warehouse, Charlotte Ruse, Aerosptale, Motherhood Maternity, Claires, Origins, Bath and Body Works, Zales, Gordons, Bare Ecentuals, Bakers, Claires, the Abrecrombie stores, Vanity, The Buckle, Build-A-Bear, American Eagle, etc.
I just don't get what you're looking for. That's equivalent or better than to two main malls in Omaha. For a mid-size mall, I think that's a pretty decent mix. I mean, I think it's a little unfair to try to compare Penn to The Houston Galleria, Beverly Center, Northpark Center, etc.
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