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theman

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About theman

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    Hamlet

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  1. Why would Park Plaza raise rates when you have so many empty spaces and competition for stores in the market. That just sounds crazy to me. If that is the case they are writing their own obituary.
  2. So I assume the retail store that was there closed. I’m glad Nexus Coffee was doing enough business that I needed to expand into that space.
  3. Officially open today. Hopefully the Ernie Biggs space next door will get a new tenant soon.
  4. Even the newer, outdoor center are struggling. Take the Promenade for example. There are plenty of empty storefronts there and it has a movie theater and restaurants that draw traffic to it and it still can’t get near capacity. Some of that is it’s location too along wit online shopping taking a major toll on brick and mortar stores. It official now that Banana Republic will be closing its store at Park Plaza leaving only the store at the outlet mall in the metro.
  5. Gap announced earlier this year that it would close 230 stores by 2020. It seems that these will be focused on their mall based stores not their outlet stores. The retail landscape is changing quickly because of online shopping. Malls are going to have to adapt with more entertainment, restaurant or office tenants or die. Losing Gap, Banana Republic, Express and New York and Company is going to be a big blow to Park Plaza. I wonder if they have any potential tenants interested in any of that space?
  6. I’ve read that NWA has become something of a biking destination because of all of the trails up there but Little Rock has a large biking community as well. It does seem strange that two bike companies have closed shop and moved to NWA. Why couldn’t they keep their stores open here and have stores there? Is this another central Arkansas v. northwest Arkansas thing?
  7. According to the Marriott website the AC is supposed to open in February 2020.
  8. This is from a Rock City Eats article about Trader Joes’s from earlier this year. The building is going listed at 15,411 s.f. of total space. In that, they are planning for 10,466 s.f. of total retail area. This means that the total square footage will be on the high end for Trader Joe’s. Most sources quote the average store between 8,000-15,000 s.f. with the typical model being 10,000. Specs could have changed since then but this may be their typical size store.
  9. Read in the Democrat-Gazette that now two members of the planning commission are against making that a parking lot and approval has been delayed for a month. It’s probably still going to happen but the last thing downtown needs is another parking lot.
  10. Apparently the AC by Marriott developers are going before the city board of directors this week to get approval to use street right of way for a valet parking lane according to the Arkansas Times. Hopefully we’ll get an update soon on when it plans to open. Also the restaurant transitions section this past Thursday said that another restaurant was going into the former Southern Gourmansin space next door to the AC by Marriott.
  11. I was thinking the same thing. What happened to the office/retail and hotel component?
  12. I think they replaced all the trees in the area because some were dead or dying. They replaced the trees with new ones that would do better in an urban environment.
  13. The city is not going to do anything to upset Stephens.
  14. Stephens Inc. is buying a couple of buildings on Louisiana St. between 2nd and 3rd for the space for additional parking. Apparently the parking deck that serves the Stephens building is full. Don’t know if it’s going to be surface parking or another deck.
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