the shops at la cantera phase II (Houston, Dallas: apartments, movie theaters)

[imaterry78259]

I rarely agree with Guerilla but Dallas is the fashion mecca of Texas. The fashioned mart is located there where buyers from major departments stores go to buy for their stores

[Guerilla]

Originally Posted by pokesin

Well, Guerilla, i think that you are right in some of your points, but let me tell you something that is more important, dallas and Houston, may be bigger cities, and for that reason, they have a lot of malls competing for the same market. In San Antonio we dont have that amount of malls, and maybe thats why la cantera, trade more than almost every mall in those cities,

True to an extent, but there are a ton of areas near wealthier areas in both Houston AND Dallas that Bloomingdales could locate in. Yes, there is more competition within the two larger metro areas, but nothing competes with The Galleria in the Houston area, or Northpark in the Dallas area.

Even then, you have other areas near those malls that complement them. For example, in Houston you have a 66-story Ritz Carlton proposed at a development not too far from The Galleria. It is a part of a upscale shopping center. It will compliment The Galleria.

It wouldn't be very smart for Bloomies to locate first in SA before Houston or Dallas. There are two Macy's in The Galleria, and one could be remodeled into a Bloomingdales (after all, Macy's owns Bloomies).

[pokesin]

Guerilla im not telling you that they dont have enough space, im telling you that it doesnt have enough market for everyone, true, Northpark is Dallas best, but, right in front of that mall, another big mall is under construction, the PARKLANE, about houston, i know that the biggest mall is the Galleria, but size doesnt mean trading, i know that Galleria have the most high end tenants, but maybe the Woodlands or Memorial Center, trade more per sf, that is what is more important for a tenant. Not the sales per mall, the sales per sf.

[Guerilla]

Park Lane is not another big mall. It is a lot smaller than Northpark and isn't even close to having as much retail space. Park Lane is a TOD being developed around a transit shop.

And The Galleria has more high end tenants, and more trade per square foot. Easily actually.

[pokesin]

Originally Posted by Guerilla

Park Lane is not another big mall. It is a lot smaller than Northpark and isn't even close to having as much retail space. Park Lane is a TOD being developed around a transit shop.

And The Galleria has more high end tenants, and more trade per square foot. Easily actually.

Guerilla, all the new malls are being build in this transit shop concept, as you can see in thw phase 2 of la cantera, the domain in austin, im not telling you that Parklane is going to be better that Northpark, just, another mall in dallas/forthworth metroplex area, they have too many.
And Galleria have more trade per sf than which one?

[Guerilla]

Originally Posted by pokesin

Guerilla, all the new malls are being build in this transit shop concept, as you can see in thw phase 2 of la cantera, the domain in austin, im not telling you that Parklane is going to be better that Northpark, just, another mall in dallas/forthworth metroplex area, they have too many.
And Galleria have more trade per sf than which one?

But ParkLane isn't another mall. It is not even big enough to be considered that. The difference with ParkLane is that there is an actual transit stop on property. I believe Austin's Domain is on the new commuter line, too. SA's is just out in the suburbs.

The Galleria has more trade per sf than both.

[pokesin]

Originally Posted by Guerilla

The Galleria has more trade per sf than both.

REALY?, Please help me with that info guerilla, how much is trading the houston galleria right now, and who is your source.

[Guerilla]

Mall sales and just the sheer amount of visitors that The Galleria has every year (over 25 million now).

[pokesin]

Originally Posted by Guerilla

Mall sales and just the sheer amount of visitors that The Galleria has every year (over 25 million now).

Ok so, you suppose that, im going to tell you again that it doesnt matter the size of a mall, and the visitors, is the sales what matters, i realy cant believe that Barton Creek Square mall at Austin, trade more than almost every mall in Dallas and Houston, but its a fact, not a point of view, the reason?, it was the only high end mall in Austin.
And about Parklane, here you have a present, known information:
Nordstrom Rack joins Park Lane line-up - Dallas Business Journal:
there is a link too to parklane, so you can see the mini-mart you mentioned being build.

[Guerilla]

That is just a small store. It would be like having a Champs Store. There are NO department stores in ParkLane, and the retail section is less than an average Walmart. ParkLane is an urban retail center, built around a light rail station. Not even close to being a mall.