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Rather funny but did you know Urban Outfitters is based in Philadelphia
They're corporate headquarters are in the Navy Yard, a burgeoning business district in South Philadelphia. There is an Urban Outfitters on Walnut Street in Center City and one on 36th Street in University city.
I did see Brigham at the Grand Central Market recently.
Summer343, I did know that. I think you or Kidphilly mentioned it a few months ago.
Urban Outfitters was one of the first tenants to move to Walnut Street during it's turn around. They're a good anchor tenants for the block, so they should draw in some more interest in DTLA retail which is good news.
A lot of retailers on Walnut now are being priced out and moving to Chestnut. Newcomers to Walnut include Intermix, Madewell, Stuart Weitzman and Theory. Theory replaced Joan Shepp which moved to Chestnut. Madewell replaced Arden B. which is moving to Chestnut. Weitzman replaced Ann Klein which is looking for space on Chestnut. Kate Spade may be replacing Juicy Couture which would move to Chestnut as well. Uniqlo, Nordstrom Rack and American Eagle are bypassing Walnut all together and opening on Chestnut where rents are cheaper.
I can see why that would be frustrating. That development would be fine for an outlying district in the city, but you really want to have as many people as possible in the region's largest employment center. While it's certainly an improvement over a massive surface lot, you're sort of left wondering whether the project is the best use of the land over the long haul. It's a potentially material opportunity cost.
It's like if your car were to take a dump and the wife goes out and surprises you with a brand new Ford Focus when you secretly had been shopping for a Tesla. Thanks honey!
There's been so many of these 7-story wood-frame projects coming on-line in South Park that the local councilman actually took time off from sexually harassing his employees to push a low-rise moratorium. The commonly held belief is these buildings are mere placeholders, to be torn down and rebuilt higher in another generation. That might give an idea of where downtown LA is in its maturation.
I think that development is GREAT! It fills up a lot of area and has good design. DTLA needs more developments like that to fill in the surface lots and old warehouses. It's better to get 5 developments like that to fill up some surface lots than 1 tower. Right?
Seriously when it all comes down to it, all that matters is what happens at street level. It's much more important than a tower that will look nice in the skyline but doesn't add much more than that from an 8-12 story building.
I know. But also know I'm going to be reminded of eating at the kids table every time I look at that thing.
this thread needs an update. Center City Philadelphia still wins but I wonder how much the gap has narrowed by?
I wonder as well. They definitely weren't on the same tier 8-10 years ago, but maybe they are now so it's a fairer comparison. Still the consensus in other threads is that DTLA is at the bottom of that tier, or a tier below. It would be interesting to hear the opinions of anyone that has been to both in the last 3-4 years.
I only have experience with DTLA and can say that it's much more self-sufficient now. Its added tens of thousands of people and if you include the area west of the 110 fwy, even more than that. It was listed by rentcafe as the fastest growing neighborhood in the country from 2017-2021 and it shows by the significant increase/improvement in amenities.
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