Bomaha wrote:You will obviously categorize this in the rumor section of this particular thread, but a friend from work is in an architecture class and had a guest lecturer, the Omaha city planner. Apparently, nordstroms and macys are set for here and they are trying desperately to get rid of Sears. They want this to be like a high end retail, area. Okay this is coming from some snot nose brat that I hate with all my might. I understand that none of this makes sense. The city planner apparently said that it is basically a done deal, but he wasn't supposed divulge those retailers. Again I don't know of any validity to these "claims" though.
Don't buy it. Â Where I live Macy's is in Twelve Oaks Mall with Nordstroms, Sears, Pennys & Lord & Taylor. Â In Oakland Mall Macy's is with Sears & Pennys. Â In Somerset Collection Macys is with Neimans, Saks & Nordstrom.
I could search all over the country but the bottom line is the snot nose needs to look up a definition of high end. Â heck, Von Maur is more high end IN MY OPINION than Macys.
Bomaha wrote:You will obviously categorize this in the rumor section of this particular thread, but a friend from work is in an architecture class and had a guest lecturer, the Omaha city planner. Apparently, nordstroms and macys are set for here and they are trying desperately to get rid of Sears. They want this to be like a high end retail, area. Okay this is coming from some snot nose brat that I hate with all my might. I understand that none of this makes sense. The city planner apparently said that it is basically a done deal, but he wasn't supposed divulge those retailers. Again I don't know of any validity to these "claims" though.
Don't buy it. Where I live Macy's is in Twelve Oaks Mall with Nordstroms, Sears, Pennys & Lord & Taylor. In Oakland Mall Macy's is with Sears & Pennys. In Somerset Collection Macys is with Neimans, Saks & Nordstrom.
I could search all over the country but the bottom line is the snot nose needs to look up a definition of high end. heck, Von Maur is more high end IN MY OPINION than Macys.
I know. Nothing of what he was saying was making sense. I wanted to ask so many questions, but I let him have his 15 minutes.
Sears is fine where its at. I would just try to move the auto center somewhere.
Ideally, whatever company owns the mall now needs to purchase everything else to 76th? One monster development. But I will take anything there at this point
I'd be willing to bet that both Macy's and Nordstrom both don't come to town. Â Maybe we get Macy's but that's been a rumor for so long and so many places. Â I remember Mid Town Crossing, the outer ring of Oak View.....
I'd put Macy's in the Younkers/Dillards class. Â I'd but Von Maur closer to Nordstroms.
Greg S wrote:I'd be willing to bet that both Macy's and Nordstrom both don't come to town. Maybe we get Macy's but that's been a rumor for so long and so many places. I remember Mid Town Crossing, the outer ring of Oak View.....
I'd put Macy's in the Younkers/Dillards class. I'd but Von Maur closer to Nordstroms.
12 Oaks, is that the mall in Novi?
Greg
Novi, yep. Â It's kind of like Oak View on steroids.
Macy's has made it very clear that their strategy for expansion in a lousy retail economy is not exploring new markets, but pushing e-commerce. And if they were to make such a huge investment in Omaha, why would they take the chance for a brand new store in an unproven development, and in an otherwise 'weak' retail corridor such as 72Dodge?
I'm going to guess this "University Village" has a tough time starting up with everything else being announced. Something's gotta give, just like 80-Dodge and Wall St. Tower folded in a saturated condo market in '07-'10.
I know I am behind the times, but I purchased a couple pairs of dockers online the other day. Â It was the greatest thing ever. Â I may never need to step foot in a mall again!
I know I am behind the times, but I purchased a couple pairs of dockers online the other day. Â It was the greatest thing ever. Â I may never need to step foot in a mall again!
Yes, it's very convenient - most of the time.
The other day we purchased a waterproof digital camera for an upcoming vacation, and it was dead on arrival. Didn't work. So we have to follow a laundry list of returning instructions, including an additional online form on how to be reimbursed for return shipping on the camera.
so, it does have it's downfalls sometimes, but I'm guessing your pants are operational. Â :)
The Sears store would be much better gone at this point. Â I think there is a two phase reasoning here, part is the brand itself but part is the old decrepit building its in. Â
Land acquisition will be the tough part about pulling off the big plans being drawn up.
I asked that question based upon cdub's point about "land acquisition". Given that the developers have already acquired the Crossroads proper property, I assume cdub is talking about other properties. Maybe I am missing reading that point. I was hoping cdub would clear that up.
CapitalGuy wrote:I asked that question based upon cdub's point about "land acquisition". Given that the developers have already acquired the Crossroads proper property, I assume cdub is talking about other properties. Maybe I am missing reading that point. I was hoping cdub would clear that up.
Hmmm not sure. Â The rough sketch up renderings I have seen thus far only show the project encompassing Crossroads.
cdub wrote:The Sears store would be much better gone at this point. I think there is a two phase reasoning here, part is the brand itself but part is the old decrepit building its in.
Land acquisition will be the tough part about pulling off the big plans being drawn up.
If I'm reading the above rendering right, Sears owns about 1/3 of the land which could limit the potential of the redevelopment. Â Hope they play ball.
cdub wrote:The Sears store would be much better gone at this point. I think there is a two phase reasoning here, part is the brand itself but part is the old decrepit building its in.
Land acquisition will be the tough part about pulling off the big plans being drawn up.
If I'm reading the above rendering right, Sears owns about 1/3 of the land which could limit the potential of the redevelopment. Hope they play ball.
Sears signed a long term (100 years I believe) lease on their property. Â I am pretty sure they do not own it.
Greg S wrote:I'd be willing to bet that both Macy's and Nordstrom both don't come to town. Maybe we get Macy's but that's been a rumor for so long and so many places. I remember Mid Town Crossing, the outer ring of Oak View.....
I'd put Macy's in the Younkers/Dillards class. I'd but Von Maur closer to Nordstroms.
12 Oaks, is that the mall in Novi?
Greg
Novi, yep. It's kind of like Oak View on steroids.
OK that's what I thought. Â Great suburban mall. Â My college roommate used to live in the area. Â Went there a few times on visits.
What makes it so great? Or what's so different about it? I'm curious.
"The right to have access to every building in the city by private motorcar in an age when everyone possesses such a vehicle is actually the right to destroy the city."
Lewis Mumford, The Highway and the City, 1963
What makes it so great? Or what's so different about it? I'm curious.
Great tenant mix. Â They've kept it up over the years too, I think it's at least 25 years old probably more than 30 though. Â It's big enough (if I remember, 5 big anchor stores) that it pretty much has everything. Â When I went they had a really nice Lord and Taylor, along with a very large Macy's.
Sears announced today they are closing 120 under performing Sears/Kmart stores... Â The story on the radio said they didn't have the best Christmas and they plan to stop their current practice of propping up under-performing stores and focus on only cash generating stores.
Sears has been in trouble for years. Â It's too bad they couldn't just re-brand themselves as a hardware/appliance store. Â Their Craftsman brand tools and Kenmore appliances are good stuff.
Omababe wrote:
Last time I was at the Crossroads Sears it was like a ghost town!
No doubt. Last time I walked in there I felt like a steak thrown into a lion's den. I don't know that I saw another shopper, but I was bombarded by about 20 sales people. I seriously couldn't walk 50 feet w/o one pretty much attacking me.
Omababe wrote:Last time I was at the Crossroads Sears it was like a ghost town!
I was at the Oak View (Oakroads?) Sears a few weeks ago and it was very busy.
I was in both the week before Christmas and it was the same, Oakview Busy, Crossroads dead. Â Also, Oakview employees were very helpful and nice, crossroads, not so much.
It would definitely help out the vision of this project if Sears were to close.
"The right to have access to every building in the city by private motorcar in an age when everyone possesses such a vehicle is actually the right to destroy the city."
Lewis Mumford, The Highway and the City, 1963
My understanding is that Sears has a very favorable deal at Crossroads and it have about 50 more years on it. Â The first wave of closures have come out and that store is not one of them.
Nearly a year after the project is announced OTB Destination added a snippet about University Village on their website. Â Still no whisper of construction progress though.
72nd & Dodge - the heart of Omaha. This completely re-imagined destination will include new-to-market retailers and restaurants, office space and residential living. Crossroads is an urban infill site surrounded by the most affluent demographics in the state of Nebraska and world-class shadow anchors, including the University of Nebraska - Omaha, Nebraska Furniture Mart and Methodist Hospital. Opening Fall 2014.
If the unicam doesnt approve one of the bills that could help finance this project it may not be able to happen. Â Its a massive project and TIF may not cover it.
cdub wrote:If the unicam doesnt approve one of the bills that could help finance this project it may not be able to happen. Its a massive project and TIF may not cover it.
Which Bill is it? Â I wouldn't mind taking a look at it.
Yeah I have not seen anything where the developers are looking at the legislature for help. Â Also I have not read about any current moves in the legislature that have been written about being used for redevelopment. Â
Greg S wrote:Yeah I have not seen anything where the developers are looking at the legislature for help. Also I have not read about any current moves in the legislature that have been written about being used for redevelopment.
Greg
Cdub is usually spot on I'm searching right now for it
Jeffrey Robb WORLD-HERALD STAFF WRITER wrote:A city tax incentive that has helped shape Omaha's skyline, boost major employers and develop popular shopping districts would be slowed, if not shut down, in the eastern part of the city under a legislative proposal.
Jeffrey Robb WORLD-HERALD STAFF WRITER wrote:A city tax incentive that has helped shape Omaha's skyline, boost major employers and develop popular shopping districts would be slowed, if not shut down, in the eastern part of the city under a legislative proposal.
That has to be it. Â By the looks of it this would be a really bad thing for the future of Omaha, Lincoln and any city trying to progress itself.
The developer is looking to use a type of financing similar to TIF, however, it uses retail sales taxes instead. Â It would be new to Nebraska. Â Not sure what bill it is.
Jeffrey Robb WORLD-HERALD STAFF WRITER wrote:A city tax incentive that has helped shape Omaha's skyline, boost major employers and develop popular shopping districts would be slowed, if not shut down, in the eastern part of the city under a legislative proposal.
That has to be it. By the looks of it this would be a really bad thing for the future of Omaha, Lincoln and any city trying to progress itself.
Nope, they've already been approved for this. Â This would only impact developments that have not been approved yet.
Jeffrey Robb WORLD-HERALD STAFF WRITER wrote:A city tax incentive that has helped shape Omaha's skyline, boost major employers and develop popular shopping districts would be slowed, if not shut down, in the eastern part of the city under a legislative proposal.
That has to be it. By the looks of it this would be a really bad thing for the future of Omaha, Lincoln and any city trying to progress itself.
Nope, they've already been approved for this. This would only impact developments that have not been approved yet.
If I'm reading the article correctly, it seems the reasoning is school districts are concerned they are missing out on tax revenue that wouldn't be there without TIF? Â
The inherent evil of socialism aside, isn't there a little cutting off of one's nose to spite one's face going on there?