UNIVERSITY*CITOYEN wrote:
from today's dp: http://tinyurl.com/35od8p
(coincidentally, this article helps answer questions tony west posed
earlier this summer: http://tinyurl.com/2zdqvk)
Anthony West wrote:
> An interesting article.
here's another: [thursday's dp]: http://tinyurl.com/2zydee
[if anyone can figure out what they mean by mom-and-pop
operations, I'd like to hear!]
New retail space to add to U. City's scores of stores
New Starbucks, EMS set to open in 34th, Chestnut Domus building
By: Anthony Campisi
A new apartment building opening means new retail options
for Penn students and the community.
Domus, which is opening its doors at 34th and Chestnut
streets to residents this fall, has confirmed four of the
five retailers that will occupy its ground floor.
Moving in will be a Starbucks, a T-Mobile store, an Eastern
Mountain Sports store and a casual restaurant.
A Wachovia branch opened in the development on Aug. 20.
EMS will be vacating its spot on 36th Street to a larger
space in Domus, while Starbucks will keep its location at
34th and Walnut streets open.
Penn and the Domus developer, Hanover Development Co., are
in negotiations with several possible tenants to fill the
restaurant space.
EMS is relocating because it wants to offer a "larger breath
and depth" to customers, manager Adam Pflug said.
Its current space is about 7,500 square feet large, while
the Domus store will feature between 10,000 and 12,000
square feet of retail space; Pflug says the store plans to
use the extra area to add road bikes and snowboards to its
product line.
EMS is closing its current location Sunday and is planning
to reopen at Domus in early October.
Starbucks is aiming to open Sept. 22 but may delay that date
a few days, said Ed Datz, Penn's executive director of real
estate.
Taken together, these new retail opportunities represent a
move toward the University's goal of providing more upscale
options to mix in with the mom-and-pop operations on campus,
Datz said.
Though Datz said the relationship between Hanover, which
actually leases the property to retailers, and Penn hasn't
been "as close as we hoped," he did say that the retail
options at Domus are meant to appeal to the residents of the
luxury apartment building, as well as Penn students living
in King's Court/English House and people staying at the
University City Sheraton.
Datz called this a "more targeted approach specific to the
complex and the overall community" because the residence
isn't located on a major commercial corridor like the Radian
apartment complex on the 3900 block of Walnut Street.
And the businesses that chose to lease from Domus represent
the changing face of University City, as Wachovia's presence
attests.
Wachovia spokeswoman Barbara Nate said University City
"offers a lot of opportunities," not only because college
students will hopefully frequent the branch, but also
because of the influx of people and businesses the area
expects to see because of the development of the postal
lands and residences like Domus.
Though the bank isn't planning on other major branch
openings in Philadelphia in the near future, Nate said the
bank's absence from the neighborhood "was a hole in our
network."
The area "offers a really good mix of potential customers,"
she said.
Calls to the real estate broker hired by Hanover were not
returned.
..................
UNIVERSITY*CITOYEN
[aka laserbeam®]
[aka ray]
SERIAL LIAR. CALL FOR RATES.
"It is very clear on this listserve who
these people are. Ray has admitted being
connected to this forger." -- Tony West
"Ray's falsehoods are more sophisticated,
more believable" -- Tony West
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