MJLO

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MJLO last won the day on September 21 2013

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About MJLO

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  1. The DMA includes Kzoo and Battle Creek areas, which wouldn't be heavily weighted into the GR retail market though. They are a bit outside the market radius.
  2. You may want to do a bit of homework of how retail brands decide to open up locations and what markets they go into. The smallest market I know of a Nordstrom being in is Spokane WA, which is a little more than half the size of GR. That has more to do with the fact that Nordstrom started in Seattle and spread regionally before nationally. Outside of that I can't find a metro area of less than 1.8 million that has a full Nordstrom (for the sake of this argument the Rack doesn't count). The same goes with the other brands you mentioned. Below is a link from Dillard's website showing store locations. You'll notice several states in the north left out. Hope this helps. http://www.dillards.com/stores
  3. Dillard's is considered a Macy's equivalent by market standards. It's more of a southern/western thing. You don't really see them north of the Ohio. Grand Rapids is a bit small to be noticed by Nordstrom or Bloomingdales. For now we are a Von Maur kind of town.
  4. Would you rather that area be devoid of ground floor retail/restaurants (which it already is). Or it's current location which on major pedestrian corridors on both sides.
  5. I haven't heard any rumors. If the Police were to relocate their headquarters, 82 Ionia seems like it could be a good building for that too.
  6. My favorite GH restaurant is the Toasted Dill on Washington. I eat there a couple times a week.
  7. OMG everything with in a 4block radius is going to have a castle theme isn't it?? AND Grandville is going to brand itself as "the Castle City"
  8. It would seem that PREIT has the clear leg up in that race when it comes to clout with retailers, funding, and existing infrastructure.
  9. If you read the article it's hard to tell anything from it other than it's something that was discovered months ago. It contains factual inaccuracies about who "leads" Spectrum Health, making it appear that Dick Devos and not Richard Breon is the CEO. It's eludes to something that hasn't been proven, and reaches to try and tie one of Trumps most controversial appointees to it. It is also no secret that CNN is one of Donald Trumps largest detractors. Yeah I think it's a quite convenient manner of reporting in order to advance a political narrative. You have to get to the very last sentence of the article before they admit it could be nothing. Not taking a side here but I am definitely tired of political activism being thinly veiled as journalism. It happens on both sides and it shouldn't be ignored just because we agree with whatever hit peice appeals to our senses.
  10. Reaching hard, that was one of WEAKEST conspiracy stories I've ever read. Speculation Id expect to see on huffpost, but definitely not an organization that is desperately clinging to it's credibility like CNN.
  11. For them to put that at such a high price point, it almost makes me wonder if a developer is looking at snatching up multiple properties for something bigger. The HPC denying a request to tear down what is in essence an old strip mall doesn't surprise me in the least.
  12. I would think that would almost be better as a scrape and build over a renovation.
  13. I used to be a critic of the West Side NIMBYism. I have no problem admitting the hyperbole that comes out about change from that neighborhood can make my eyes do a complete 360 degree rotation. The actual truth is over the last few years the city has simply done what it has felt is necessary in terms of zoning and approvals, and have seemingly by-passed the neighborhood associations outside of paying them lip service. At this point the NIMBYism is little more than noise. It doesn't have the clout it used to in terms of tying plans up like it did even 5 years ago. I think that signals that a good chunk of the resident base over there has actually started becoming used to the change. Perhaps a lot of them even welcome it and the increase in property values that follow. The histrionic minority will always be there making news regardless, such is the case anywhere.
  14. Yes Brick and Mortar is under threat, but they are nowhere near in threat of being vanquished anytime soon. Aside from that a lot of the brands that are "struggling because of online competition", are mostly outdated brands that peaked in the 1980's and 90's. We aren't at the point where the shopping mall, or shopping district is on the verge of being obsolete. Certainly not in a way that would make sense for property owners to just let things go downhill. I think it makes a ton of sense to reinvest, I don't really see it so much as a doubling down. Even if the world ends up transitioning to an almost entirely online shopping experience, what is everyone going to do? Just shop online and then sit at home and do nothing else? Will the streetscape be nothing but coffee shops and breweries?
  15. http://www.mlive.com/news/grand-rapids/index.ssf/2017/03/woodland_malls_owner_to_spend.html#incart_river_home Wow that sounds like a pretty substantial project. Like you could almost build a whole new mall with $100million. It will be interesting to see what new restaurants might enter the market into the updated area. They are even going to fix the cratered out parking lot. With this happening and the make over at Centerpoint, That aging retail corridor is pretty much being entirely refreshed.