59 replies to this topic

[Martinman]

The business chronicle reports the Jamestown investments just purchased 999 Peachtree and are eager to help bring the 'Midtown Mile' vision to reality.  They plan to reposition the retail by extending it all the way out to the corner of 10th street and Peachtree where the fountain is currently located.

[Martinman]

'Midtown Mile' takes shape - AJC

Quote

Efforts to create a "Midtown Mile" filled with upscale stores, restaurants and services are gaining momentum
with developers, who are so encouraged by early discussions they are adding new street-level space to their projects.  

Conor McNally, Novare's developer for Viewpoint, said his negotiations for space in Midtown are generating widespread interest.

The developers are negotiating with some really exciting brand names, national and international retailers, some of whom are not even in Atlanta right now," she said.

VISION AND REALITY

• Midtown Mile: A plan to make the corridor on Peachtree Street from the Woodruff Arts Center to the Fox Theatre into an upscale shopping and restaurant district, a la Chicago's "Magnificent Mile" on Michigan Avenue.
  
• Right now: 230,000 square feet of shopping, services and restaurants already exist.
  
• By 2010: Another 370,000 square feet.
  
• Goal: 1 million square feet by 2012.

HOUSING BOOM

Officials say housing unit growth within Midtown Mile walking distance will attract retail.

• 2010 projection: 13,316
  
• 2005 estimate: 11,511
  
• 2000 census: 9,384
  
• 1990 census: 6,514

Source: Buxton Co.

Edited by Martinman, 06 April 2007 - 09:18 AM.

[pksiv]

Martinman, on Apr 6 2007, 10:11 AM, said:

'Midtown Mile' takes shape - AJC
VISION AND REALITY

• Midtown Mile: A plan to make the corridor on Peachtree Street from the Woodruff Arts Center to the Fox Theatre into an upscale shopping and restaurant district, a la Chicago's "Magnificent Mile" on Michigan Avenue.
  
• Right now: 230,000 square feet of shopping, services and restaurants already exist.
  
• By 2010: Another 370,000 square feet.
  
• Goal: 1 million square feet by 2012.

HOUSING BOOM

Officials say housing unit growth within Midtown Mile walking distance will attract retail.

• 2010 projection: 13,316
  
• 2005 estimate: 11,511
  
• 2000 census: 9,384
  
• 1990 census: 6,514

Source: Buxton Co.

The 2010 projection seems low to me, assuming the 2005 # was accurate.

The Spire, Plaza Midtown and 905 Juniper are all new since 2005. Then add Aqua, ViewPoint I and 1010 Midtown and I think those projects alone comprise more than 1800 new housing units.

[perimeter285]

pksiv, on Apr 6 2007, 01:24 PM, said:

The 2010 projection seems low to me, assuming the 2005 # was accurate.

The Spire, Plaza Midtown and 905 Juniper are all new since 2005. Then add Aqua, ViewPoint I and 1010 Midtown and I think those projects alone comprise more than 1800 new housing units.

Not to mention Trump

[Martinman]

From this week's Business Chronicle....

due to high interest from retailers, Novare is adding 20,000 sf of retail (the portion along 6th street) to phase one of Viewpoint.

Edited by Martinman, 10 April 2007 - 11:19 AM.

[perimeter285]

Martinman, on Apr 10 2007, 01:15 PM, said:

From this week's Business Chronicle....

due to high interest from retailers, Novare is adding 20,000 sf of retail (the portion along 6th street) to phase one of Viewpoint.

Martinman,

Do you know what will happen to Loca Luna?

[ryanmckibben]

perimeter285, on Apr 10 2007, 01:06 PM, said:

Martinman,

Do you know what will happen to Loca Luna?

I am well aware of the fact that I am not Martinman, but I feel I can answer this. I know the owner of LocaLuna and last time I spoke with him he was searching for wharehouse space in the Howell Mill area. Suffice it to say that whatever course he decides to take, the LocaLuna that we all know and love will be torn down in app. 15 months or so...maybe sooner.  

Edited by ryanmckibben, 10 April 2007 - 04:18 PM.

[Martinman]

ryanmckibben, on Apr 10 2007, 06:17 PM, said:

I am well aware of the fact that I am not Martinman, but I feel I can answer this. I know the owner of LocaLuna and last time I spoke with him he was searching for wharehouse space in the Howell Mill area. Suffice it to say that whatever course he decides to take, the LocaLuna that we all know and love will be torn down in app. 15 months or so...maybe sooner.  

It is ashamed to lose such a cool neighborhood gathering place.

[Martinman]

Luckie Food Lounge Opens

Luckie Food Lounge is located in Downtown Atlanta near the Georgia Aquarium and features seven miles of LED lighting, 2,200 gallons of salt water in three aquariums including a 28-foot aquarium behind the sushi bar, 80 speakers throughout and all-day dining from 11 a.m. – 2 a.m., seven days a week. Adjacent to the lounge is Charm, a sundry store that sells box lunches, gelato and more.


Also....

-Starbucks and a Carvel/Cinnabon will open at Centennial Park West condos, across the street from the aquarium.

-the Museum of Patriotism will relocate to the retail space in the Post Allen Plaza development which plans to break ground this fall and there is talk of another Museum taking space at the Hilton Garden Inn/Park Pavilion.


And heres a pic taken from the new and Six Feet Under on the westside (by Joe F Steed)

Edited by Martinman, 07 July 2007 - 08:26 AM.

[pksiv]

Martinman, on Apr 12 2007, 10:39 AM, said:

It is ashamed to lose such a cool neighborhood gathering place.

I live in The Dakota, which is across the street, and we received an letter from LL 6 months back (or so)  saying they'd be closing in January '08. We haven't received a specific notice of where they're moving to but I recently heard that they were moving into the Amsterdam Walk shopping center off of Monroe.

The Howell Mill area makes sense to me too. There's still plenty of less expensive land and industrial type areas where they could get away with making some noise at night.  I love the new Six Feet Under on 11the Street. (Although, since there's no cemetery and it's on top of a hill, maybe they should've called it Six Feet Above)

[Martinman]

'Midtown Mile' project angling for big-name retailers - AJC

Quote

One of the biggest challenges is just getting the message out. ... Atlanta retail has forever been associated with Lenox Square and Phipps Plaza, and a lot of the retailers we're talking to just have no idea what Midtown offers," said Shirley Gouffon,

By 2010, Midtown will add more than 3 million square feet of office space, 4,000 residential units and more than 700,000 square feet of retail in new developments, according to the Midtown Alliance.

Within the next three years, developers say they'll have 1 million square feet of retail, the equivalent of a major mall.  "That figure is important because it's hard to get the attention of the more significant national retailers," Gouffon said. "Some of the retailers we're talking to only do five or six deals a year, so they're looking for something really big."

[Martinman]

Urban Outfitters has announced plans to open a 14,000 sf store at Ponce and N. Highland at the former MarketOne gourmet food site.

They did in fact consider locating at Viewpoint but decided to go with the "neighborhood feel" at Poncey-Highland (which I interpret to mean the rent was much cheaper).

Edited by Martinman, 18 August 2007 - 08:43 AM.

[perimeter285]

Martinman, on Aug 17 2007, 10:39 AM, said:

Urban Outfitters has announced plans to open a 14,000 sf store at Ponce and N. Highland at the former MarketOne gourmet food site.

They did in fact consider locating at Viewpoint but decided to go with the "neighborhood feel" at Poncey-Highland (which I interpret to mean the rent was much cheaper).

That's a great fit for the area and I'm happy for that shopping center b/c it's one of my favorites.  

Not good news for the Midtown Mile, however.  I think they were counting on Urban Outfitters.

[Martinman]

perimeter285, on Aug 20 2007, 02:40 PM, said:

That's a great fit for the area and I'm happy for that shopping center b/c it's one of my favorites.  

Not good news for the Midtown Mile, however.  I think they were counting on Urban Outfitters.

Counting on them???
The only way they would have been counting on them is if they signed a lease.  It would have been a good fit but its not the type of store that would "make" a shopping district.

Novare's biggest problem may be that The Shopping Center Group is the one doing the retail leasing.  Someone with more experience dealing specifically with this kind of retail might have been more successful. (Btw I have no idea how successful they have or haven't been in signing tenants.)

12th & Midtown on the other hand, says they are closing to signing their first leases.

Edited by Martinman, 21 August 2007 - 09:08 AM.

[perimeter285]

Yeah I meant more in terms of the fit and the price niche.  Counting on them is a bit overstated b/c you're right it won't make or break the Mile.

I'm still interested to see what type of retailers do end up on the Mile.

[Martinman]

I think its a good sign that retailers believe the area to be ripe for more retail.  Its likely they'll eventually wind up somewhere on Peachtree anyway, once there is enough critical mass of retail.

Edited by Martinman, 22 August 2007 - 09:05 AM.

[eastatlanta119]

Just wanted to mention how cool the Urban Outfitters is looking in Po-Hi.  The neon letters are beautiful and fit the Deco architecture wonderfully.  This is such a great shopping option for this area of town, and I think it fits better here than it would have on the Midtown Mile.  Midtown is trendy and worldly (with a more urban attitude than Buckhead);  Ponce de Leon and Highland Avenue are low key and hipster.

[Martinman]

It's the same market.  It'll be the pretty much same people shopping at the store Ponce as it would be if it were on Peachtree so I don't really see a difference.

[eastatlanta119]

I'm sure the same people would be shopping at the same store regardless of where it was placed.  I was referring to the immediate neighborhood being more in tune with the sensibility of this particular type of retail.

Edited by eastatlanta119, 21 December 2007 - 01:15 PM.

[Martinman]

-A new boutique opening at MidCity lofts is called Drew Lewis and will carry "an assortment of labels, including A.P.C. and Band of Outsiders, for both men and women".

-As reported in the Business Chronicle, Ludacris is partnering with chef Chris Yeo of San Francisco to open a restaurant in the former Spice location.  Straits

-I've recently heard rumors that Zara is planning a second Atlanta store somewhere in Midtown.


Also, I found a pic of the new Urban Outfitters location

Edited by Martinman, 06 February 2008 - 12:10 PM.