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Old 02-20-2014, 01:28 PM
 
13,350 posts, read 39,938,649 times
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I have to admit that I'm pretty disappointed in this. I was hoping that something a little more swank than Belk would take over the former Sears spot at CoolSprings. Still, I guess a "flagship" Belk is better than an empty Sears. I guess. But with Williamson County's super wealthy population and high growth, I was expecting something more exciting than a Belk.

Belk plans major expansion at Cool Springs Galleria - Nashville Business Journal
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Old 02-20-2014, 02:42 PM
 
64 posts, read 90,710 times
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Oh man- so no nordstroms or macys? We had a belk in fl. It was ok but not the greatest.
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Old 02-20-2014, 04:27 PM
 
Location: Franklin, TN
6,662 posts, read 13,325,072 times
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Quote:
Originally Posted by tracybader View Post
Oh man- so no nordstroms or macys? We had a belk in fl. It was ok but not the greatest.
We have a Nordstrom's, as well as several Macy's, Dillard's, and Belk.
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Old 02-20-2014, 05:04 PM
 
4,344 posts, read 4,717,731 times
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Originally Posted by nashvols View Post
We have a Nordstrom's, as well as several Macy's, Dillard's, and Belk.

A teeny-tiny Nordstrom.
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Old 02-20-2014, 05:12 PM
 
Location: Franklin, TN
6,662 posts, read 13,325,072 times
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Quote:
Originally Posted by N.Cal View Post
A teeny-tiny Nordstrom.
It's 149,000 square feet. While that is not large in terms of department stores, I wouldn't call that 'teeny-tiny', either.

But I don't really care, since I don't shop there, anyways.
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Old 02-20-2014, 05:52 PM
 
263 posts, read 613,983 times
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Malls are out. Nobody cares about malls anymore. In 10 years, Cool Springs Galleria will be filled with military recruiting offices, nail salons, and the world's largest Title Max. That's the future of every mall (which is why a new one hasn't been built in the US since 2006).
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Old 02-20-2014, 06:23 PM
 
Location: Franklin, TN
6,662 posts, read 13,325,072 times
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The mall model is definitely out, but that doesn't mean they will all die a quick death. I think the lower-performing malls will go quickly, but places like Cool Springs and Green Hills are still quite strong in terms of sales. Retailers aren't going to bail on something that works.

I think in 10 years you will see fewer malls...perhaps a lot fewer. But I don't think they'll be gone. 10 years is no time at all.

What I do think you will see is a consolidation of malls...i.e. malls that fail and close will help stabilize the stronger malls and prolong their life (somewhat). There was a point where Nashville was over-saturated with malls...but with the closing of Bellevue and Hickory Hollow, I think things are more manageable. I think most would expect Rivergate to be the next to fall.

The interesting thing will be to see how much mall operators are willing to invest in their properties over the next decade or two-- which in the case of Cool Springs, Green Hills, and Opry Mills, is still considerable.
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Old 02-20-2014, 08:46 PM
 
722 posts, read 2,100,400 times
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What would Belk compare to?
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Old 02-20-2014, 09:04 PM
 
Location: East Nashville/Inglewood
933 posts, read 2,741,221 times
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I didn't know Belk was still in existence...not a crack...seriously
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Old 02-20-2014, 10:23 PM
 
Location: Hendersonville
369 posts, read 942,214 times
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Quote:
Originally Posted by El Passeaux View Post
What would Belk compare to?
ever heard of peebles?
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