R1070 wrote:So this will just be a parking garage with retail and no hotel or apt highrises?
Retail, Garage, Hotel, & Apts.
R1070 wrote:So this will just be a parking garage with retail and no hotel or apt highrises?
cowboyeagle05 wrote:There are two rumors on the Royal Blue Grocery story. The biggest point in the story is that Royal Blue has not confirmed a thing and has stayed somewhat mum on where they are going in Downtown. The Merc location was announced because they were asking for an opinion from the historical board about their exterior concepts on a historical building. It was not a formal proposal for approval so we don't really have confirmation. One rumor is that it will only be at Trammel Crow and the Merc lost out in the negotiations. The other rumor is they will open both and no it's not weird that they would be so close by. Royal Blue isn't like a big grocery store they tend to open like 7-Eleven in places reasonably close by if the market is strong enough. I bet Trammel Crow Towers owners are subsidizing the Ross Avenue location by reduced rent while the Merc location is meant to go after the obvious main street business plus residential that is centralized along Main Street.
The Merc is building out the retail infrastructure needed either way to sign leases so the construction there is not dependent on Royal Blue happening either.
Matt777 wrote:cowboyeagle05 wrote:There are two rumors on the Royal Blue Grocery story. The biggest point in the story is that Royal Blue has not confirmed a thing and has stayed somewhat mum on where they are going in Downtown. The Merc location was announced because they were asking for an opinion from the historical board about their exterior concepts on a historical building. It was not a formal proposal for approval so we don't really have confirmation. One rumor is that it will only be at Trammel Crow and the Merc lost out in the negotiations. The other rumor is they will open both and no it's not weird that they would be so close by. Royal Blue isn't like a big grocery store they tend to open like 7-Eleven in places reasonably close by if the market is strong enough. I bet Trammel Crow Towers owners are subsidizing the Ross Avenue location by reduced rent while the Merc location is meant to go after the obvious main street business plus residential that is centralized along Main Street.
The Merc is building out the retail infrastructure needed either way to sign leases so the construction there is not dependent on Royal Blue happening either.
I was told by the Merc leasing staff a couple weeks ago that the Royal Blue is already under construction, FWIW.
Jasimm wrote:R1070 wrote:So this will just be a parking garage with retail and no hotel or apt highrises?
Retail, Garage, Hotel, & Apts.
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willyk wrote:Still rooting for the Mandarin Oriental to complement the Crow Collection.
R1070 wrote:I was excited about this project, but I'm not anymore. It seems like it's just going to be a glorified parking garage.
tamtagon wrote:The hotel is confirmed, right, but the residential tower is 'at a future date?"
tamtagon wrote:What a crock of crap! Is this the same work group that bluffed the world a mixed use, urban-pedestrian Citiplace Sam's Club then tried to deliver the exurban edge drive-thru boilerplate.... doing it again with the garage pedestal supporting a 250 key luxury hotel tower and a luxury residential tower?
Crow is a name that carries a lot of weight in this town, and with it should come an equal responsibility. If you're going to dazzle us with the possibilities, you should be bound to tell us precisely what you're actually planning. Infuriating.
tamtagon wrote:What a crock of crap! Is this the same work group that bluffed the world a mixed use, urban-pedestrian Citiplace Sam's Club then tried to deliver the exurban edge drive-thru boilerplate.... doing it again with the garage pedestal supporting a 250 key luxury hotel tower and a luxury residential tower?
Crow is a name that carries a lot of weight in this town, and with it should come an equal responsibility. If you're going to dazzle us with the possibilities, you should be bound to tell us precisely what you're actually planning. Infuriating.
Pike5370 wrote:No, it is not the same group. Trammell Crow has nothing to do with this project, or the tower across the street that merely carries the TC name (for the positive reasons you cited).
tamtagon wrote:curious is this parking plans for the "future residential tower" and hotel or not...?
maconahey wrote:
eburress wrote:It looks like the tower itself will better interact with the street than I expected. Sweet!
joshua.dodd wrote:Why is this project taking so incredibly long?