Crabtree"s inferiority complex
#1
Posted 01 June 2005 - 09:09 AM
Do you believe that Crabtree has an inferiority complex and is trying to hard to become a retail destination in NC?
What do you think should be done with Crabtree and the area around the new Westin development?
#2
Posted 01 June 2005 - 09:50 AM
Crabtree got the Triangles first Cheesecake Factory, and I believe that area can be more of a draw for high end chain restaurants than say Triangle Towne Center or Southpoint. The Westin just goes to show that. Furthermore the development on Kidds Hill will also add to the fact that Crabtree will continue to be a major shopping destination for the region.
#4
Posted 01 June 2005 - 10:16 AM
I applaud any changes they make to the Lord & Taylor site, though I'd prefer the Neiman-Marcus option. A move like that would solidify the offerings at Crabtree and would usher in some newer and more unique stores to enhance what is new and unique there already.
#5
Posted 01 June 2005 - 10:25 AM
StevenRocks, on Jun 1 2005, 11:16 AM, said:
very true
#6
Posted 01 June 2005 - 10:42 AM
To me, the biggest drawback about Crabtree has always been getting in and out of place. Regardless of what they add or teardown, I cringe when I think about driving Glenwood anywhere near that place.
I am having a hard time believing that a luxury hotel would build a brand new property directly across from an aging (but still popular) mall out in the suburbs. There has to be another draw. Maybe I’m wrong. It would be a good boost if it happens. It may have a negative effect on the area since there are several hotels already there and the “attraction power” of the mall is being diminished.
As for their planned additions, they are in a fight for their survival. Northgate in Durham is tearing down and adapting...Crabtree is realizing it must to the same. I think they will survive but their reign as the undisputed shopping destination of the Triangle has ended.
#7
Posted 01 June 2005 - 11:01 AM
Sharpless, on Jun 1 2005, 12:42 PM, said:
#8
Posted 01 June 2005 - 02:17 PM
#9
Posted 01 June 2005 - 07:13 PM
#10
Posted 01 June 2005 - 09:53 PM
Rufus, on Jun 1 2005, 10:09 AM, said:
No, I think the owners are trying to keep the mall going. I mean, what is happening isn't uncommon in the U.S. Raleigh is no exception. Charlotte isn't particularly special for having SP. No offense to anyone in Charlotte, but there are malls like that all over the country. I don't assume Raleigh is competing with Charlotte having a high-end mall any more than Charlotte is slighting Raleigh by having one. One thing has nothing to do with the other. I promise you, if Crabtree went up for sale, Simon (owner of SP mall) would be one of the companies bidding. It's just business.
#11
Posted 02 June 2005 - 12:15 AM
Rufus, on Jun 1 2005, 08:13 PM, said:
All of those things would help Crabtree a lot, but still we're not talking about a mall in distress here.
The Hudson Belk store there is consistently one of its company's top performers, as is the Hecht's. Crate & Barrel is pining for more space, and there is a wating list for tenants to come in. The mall's last renovation was about 10 years ago, but it's not exactly shabby.
Like girly said, if Plaza Associates ever put the place up for sale, it would fetch top dollar without question.
#12
Posted 07 June 2005 - 07:15 AM
#13
Posted 07 June 2005 - 07:44 AM
49er, on Jun 7 2005, 09:15 AM, said:
The only reason anyone would consider Triangle Towne Center high end is because of Saks...the rest of the store mix doesn't lend itself to that notion. Crabtree, however, does have more high end stores than any other triangle mall - even not having a Saks or a Nordstrom.
#14
Posted 07 June 2005 - 09:42 PM
49er, on Jun 7 2005, 08:15 AM, said:
I agree, location and tenant mix are what keeps Crabtree powerful.
Crabtree is certainly not as intimate as SouthPark and it's not as flashy as Triangle Town Center or Southpoint. The renovations wern't blended well into the original portion of the mall, and there's an absence of truly comfortable places for guests to sit and people-watch.
That said, the interior materials and details are very nice. The important parts of the mall (entrances, courts) were decently excecuted and it's certainly a ggod-looking renovation to be nearing a decade in age. The stores are as good as SouthPark, though the high-end boutiques just aren't there.
I think on the next go round of renovations at Crabtree, if they do even half of the things rumor has it they're planning, it'll be a changed mall and a better looking place at that.

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