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vdogg

Norfolk Stores and Retail and Resturants

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19 hours ago, vdogg said:

Hoping once all is said and done these restaurants decide to stick with the European style outdoor seating. This really works for Granby and really activates the street. Lot's of foot traffic and a surprising amount of people out.

I was always thinking that if they removed one of the parking lanes, they can install permanent seating along the entire length of granby street between brambleton, and main. Somthing like the parklets they have, but much bigger.

Edited by Cjnfkvb
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This place has moved around to a lot of locations.  Hopfully they picked the right spot this time, and they can settle down. 

20200522_085424.jpg

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Business Insider mag said today that “Malls will likely try to court grocery stores like WalMart and Target to replace department store anchors (“like Nordstrom and JC Penny”) in a post- pandemic world.”

It’ll be interesting to see what transpires post pandemic. 

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Interesting that Starwood Retail Partners has hired JLL to manage the mall now. Same mall manager, Mr. Wofford. Starwood lost their western and southern portfolio of 6-7 malls a while back to Israeli bond holders from what I understand. They had been acquired en bloc by Starwood for about $1.6 billion prior to a subsequent acquisition which included MacArthur Center.  When Covid hit it was reported that rent collections were down to nearly 20% of normal levels in that portfolio. These purchases were part of their infamous mall buying spree, which had many of us scratching our heads at the time. They had no prior mall ownership or management experience, and they never did seem to get the hang of it either. Amateur hour. I’m not saying that this was the only reason why they defaulted. Obviously, market trends had something to do with that as well.

By the way, I’m assuming you guys know that Richmond’s Nordstrom will never reopen. And they have no Nordstrom Racks yet either. That will leave Pentagon City and Tysons as the sole, full-line Nordstroms in the entire state of Virginia. Back to where we were in Feb. 1999 Lol.  ;-(

Edited by baobabs727

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On 11/21/2020 at 5:54 PM, baobabs727 said:

Bsck to where we were in Feb. 1999 Lol.  ;-(

I wish Norfolk could go back to 1999 on this sometimes and have the crystal ball on the future and build what we all envision on these forums, an improved city grid with ground floor retail and high rise apartments above.

Edited by zeppelin14
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31 minutes ago, zeppelin14 said:

I wish Norfolk could go back to 1999 on this sometimes and have the crystal ball on the future and build what we all envision on these forums, an improved city grid with ground floor retail and high rise apartments above.

In my head, I sometimes play the “what if” game, going back to about 1995. In that game, they build the street grid with shopping and restaurants, a new arena that was proposed around that time, and VB residents approve a light rail expansion. Imagine how different this area looks 20-25 years later. A few NCAA tournaments, maybe a pro team, and I imagine bigger businesses come here because we have a robust transit system, that by 2020, goes to the airport, base, Greenbrier, and parts of the Peninsula.

I also imagine SPQ gets off the ground. 

Edited by BFG

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