Northlake Mall

[StevenRocks]

It's exceptionally well done for a regional mall, to be sure. Taubman's a good operator, so I wouldn't expect any less from them.

[DigitalSky]

Yay Can't wait for Borders!

[monsoon]

Northlake has been exceedingly crowded on the weekends. It reminds me of Eastland in the late 70s. It's really amazing considering that a significant amount of the mall has not opened yet and the new out parcel part (where Panera is located) is still 95% under construction.

[swh1972]

I thought that I read that a permit was issued for a Z-Galerie in Northlake. They just built one of these near my parent's home in Cleveland. It's a pretty cool store...nice addition to the Mall.

[StevenRocks]

Z-Galerie is a good addition. There's one in Raleigh, and I hear it does well.

[monsoon]

I thought that I read that a permit was issued for a Z-Galerie in Northlake. ......

Yes, it is under construction. The sign on the wall says opening in Spring 2006.

[Temeteron]

Yes, it is under construction. The sign on the wall says opening in Spring 2006.

Actually on their website it says Grand Opening June 6, 2006

[StevenRocks]

Z-Galerie's a cool store. It's kind of like Pottery Barn, but with a different sense of style and a sense of humor.

Edited February 25, 2006 by StevenRocks

[charlotte_bon_vivant]

Actually on their website it says Grand Opening June 6, 2006

Erm, that is spring. I know it's hard to tell with the weather down here, but spring doesn't officially end until mid-June.

[monsoon]

Erm, that is spring. I know it's hard to tell with the weather down here, but spring doesn't officially end until mid-June.

Indeed. June 20th-21st to be exact. I see you got on ok with your new name.

[DigitalSky]

Indeed. June 20th-21st to be exact. I see you got on ok with your new name.

yeah I'm wondering who you are becuase it said most of your posts were in the Retail forum but i've not seen your username around here much.

[charlotte_bon_vivant]

I see you got on ok with your new name.

I did. Thanks for your help.

Cantnot, it's the poster formerly known as "girly".

[DigitalSky]

ah makes sense!

[monsoon]

Northlake was incredibly busy yesterday based on the parking lot as we rode by there on the way into CLT. I can see the day soon, as new stores open where they are going to need to put a parking deck in. Especially if they get a new anchor. Too bad it isn't better served by mass transit.

[DigitalSky]

I think the same about SouthPoint, in terms of parking, but they still haven't put in a deck there and that mall really needs one.

[StevenRocks]

If they ever get the outdoor portion of the mall going in front, it's going to squeeze parking even more.

[monsoon]

Indeed. It's mostly built now, and they are just adding the finishing touches.

[DigitalSky]

If they ever get the outdoor portion of the mall going in front, it's going to squeeze parking even more.

Indeed. It's mostly built now, and they are just adding the finishing touches.

He's talking about the original planned outdoor portion actually, not the part that's closer to the corner of Harris and Northlake Parkway, but the part between that portion and the mall.

[monsoon]

I was over at the mall this evening and now that the first 6 months are done, it looks as if all is not well at NorthLake.

• The mall has already had a few casualties. I assume their leases must have expired on Mar 1, as they were busy cleaning out tonight. One major cellular telephone store is closed, and two of the Kiosks are closed.
  
• There are at least a dozen places that don't appear to be leased yet.
  
• Most surprising, the signs for Z-gallerie have disappeared within the last week. I am not sure if the store has decided to pull out of their deal to go into the mall but that probably isn't a good sign.
  
• The mall is tending to attract a demographic that has been troublesome at Eastland. There have already been several incidents where the mall security have had to run off loiters. I've notice the Mall has had no effect on the stores further up the road in Huntersville. It would seem, as I predicted much earlier in this thread, that most of the Lake crowd are choosing to continue to shop at the lake to avoid the developing situation at Northlake.
  
• Northlake now has 3 nail salons.
  
• On a positive note, the opening of the new Borders is a welcome addition. It's a nice modern design, and the entire second floor balcony is a Seattle's Best Coffee House. That a nice change for a town saturated with Starbucks.
  

It will be interesting to see where this heads.

[DigitalSky]

Starbucks owns Seattle's Best sorry to let you down metro... it's sad to hear negatives so early in the game of the mall. I can't wait to see the Borders though.

[Temeteron]

No mall is perfect......and im a strong believer in the phrase "everything happens for a reason"....

[StevenRocks]

The mall is tending to attract a demographic that has been troublesome at Eastland. There have already been several incidents where the mall security have had to run off loiters. I've notice the Mall has had no effect on the stores further up the road in Huntersville. It would seem, as I predicted much earlier in this thread, that most of the Lake crowd are choosing to continue to shop at the lake to avoid the developing situation at Northlake.

Hmmmm...someone on this board predicted something like that happening

[monsoon]

Indeed.

The Z-Gallerie signs are back up and someone was hammering on something behind the plywood wall today so it looks as if it will be at the mall afterall.

Also two more jewelery stores are under construction which will join at least one already there.

Fire something or other Grill is almost open too which will complete the food court.

[DigitalSky]

I was at the mall Tuesday.. it was in the daytime so nothing really special. I noticed the Z-Gallerie sign too

[SmellyCat]

Some early returns from Northlake are good. Sales from opening through January were $394/sf, which looks fairly good next to SouthPark's high $400s(?). The mall is now 98.4% leased including anchors.

Other interesting stats I didn't know: The mall's trade area has an average household income of $73,283 and a population of 386,000 (as of YE 2004). The rapidly growing North Charlotte area had an annual growth rate of 4.46% from 2000-2004 compared to 2.27% for the entire Charlotte MSA and the U.S. national average of 1.01% during the same period.

Edited March 10, 2006 by SmellyCat