Two Light - 14th & Grand

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Re: Two Light - 14th & Grand

Post by kcjak » Tue Jan 30, 2018 10:39 am

So what time can we expect this announcement to happen?

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normalthings
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Re: Two Light - 14th & Grand

Post by normalthings » Tue Jan 30, 2018 10:41 am

~10am

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Re: Two Light - 14th & Grand

Post by KCPowercat » Tue Jan 30, 2018 10:50 am

Excited for them to join downtown and provide more choice to residents.

Let me tio you off to something though....garrment district and jos a bank arent "strong" indicators to overall downtown retail demands. Crown center as bad as it is would be a better indicator.

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Re: Two Light - 14th & Grand

Post by beautyfromashes » Tue Jan 30, 2018 11:15 am

StrangerThings wrote: Current retailers downtown indicate the market can’t sustain more local retailers at the moment.
Of course current retailers are going to say that! Cordish- “Do you think you have enough business to support us adding some other retail businesses like yourself?”
Retailer- “No, absolutely not!” (Keep that competition far, far away.)

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Re: Two Light - 14th & Grand

Post by kcjak » Tue Jan 30, 2018 11:25 am


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Re: Two Light - 14th & Grand

Post by hartliss » Tue Jan 30, 2018 11:27 am

StrangerThings wrote:Followed by Three Light announcement Wednesday. Tomorrow’s announcement is going to be very cool. Unique for someone wanting to live, work and play downtown.
What is the Three Light announcement? Is that slated for tomorrow?

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Re: Two Light - 14th & Grand

Post by KCPowercat » Tue Jan 30, 2018 11:39 am

StrangerThings wrote:
KCPowercat wrote:Excited for them to join downtown and provide more choice to residents.

Let me tio you off to something though....garrment district and jos a bank arent "strong" indicators to overall downtown retail demands. Crown center as bad as it is would be a better indicator.
Current retailers downtown indicate the market can’t sustain more local retailers at the moment. We are almost there for major retail, but the right space has to be created. If you think Cordish is just going off the sales and data from the two tenants you listed, you severely underestimate them.
"We also have the benifit of seeing downtown retailers P&L’s. "

Your own comment says you are using your retailers data.

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Re: Two Light - 14th & Grand

Post by KCPowercat » Tue Jan 30, 2018 11:40 am

Fart noise.

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chaglang
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Re: Two Light - 14th & Grand

Post by chaglang » Tue Jan 30, 2018 12:00 pm

StrangerThings wrote:Cordish has working relationships with almost every major retailer in the country. As much as you and I want more retail as downtown residents, it wouldn’t be very responsible of Cordish to add more unless it’s a major national brand.
:roll:

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Re: Two Light - 14th & Grand

Post by beautyfromashes » Tue Jan 30, 2018 12:06 pm

God, how many coworking spaces do we have already?!? Plow the new road or get out of the way. Poaching off an existing market doesn't add anything to DT.

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Re: Two Light - 14th & Grand

Post by KCPowercat » Tue Jan 30, 2018 12:08 pm

Okay. Proof is in the pudding and cordish hasn't brought the goods to this point. They said they needed housing first....they have hundreds of residents now in their own towers and thousands more in surrounding towers. No more excuses left. Thousands of tourist drop off at their doors with the streetcar per day....still...nothing of note.

All this announcement did today was water down another market...lol at not wanting to water down jos a. Bank market as the excuse for not bringing in retail.

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Re: Two Light - 14th & Grand

Post by ULCajun » Tue Jan 30, 2018 12:09 pm

what a disappointment

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Re: Two Light - 14th & Grand

Post by horizons82 » Tue Jan 30, 2018 12:19 pm

What a joke.

I pointed this out in October in the gerneal P&L thread... StrangerThings claimed it wasn't happening...
horizons82 wrote:FWIW, the cordish site already calls for (yet another) coworking space and "cafe" to come to Two Light:

Image
StrangerThings wrote:That's a little bit outdated. The co-working space is off the table, for now.....
Magically soon after that you had to have an account to view the leasing website.

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Re: Two Light - 14th & Grand

Post by KCPowercat » Tue Jan 30, 2018 12:21 pm

And the cafe....the one thing that might be a nice addition (Lord knows we don't have any lunch cafes downtown) remains unaannounced.

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Re: Two Light - 14th & Grand

Post by KCPowercat » Tue Jan 30, 2018 12:28 pm

StrangerThings wrote:
beautyfromashes wrote:God, how many coworking spaces do we have already?!? Plow the new road or get out of the way. Poaching off an existing market doesn't add anything to DT.
Considering they’re a major success in cities on the east and west coast combined with the fact that many young professionals are entrepreneurs who either live downtown or want to, this space is perfect. Young people more than ever want to live downtown, not own a vehicle and have everything within walking distance.

“Poaching off an existing market”. I actually LOL’d on that one. Spark has always been planned to go in Two Light and the Baltimore location was opened two years ago. Many people strongly disagree with you, including the city Manager. This is the first NEW class-A office space since the H&R building. You’re right, doesn’t add anything to downtown. :roll:
You understand how many co-working space are downtown and open right now don't you?

Embarrassing the city manager showed up for this announcement honestly.

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Re: Two Light - 14th & Grand

Post by beautyfromashes » Tue Jan 30, 2018 12:36 pm

StrangerThings wrote:
“Poaching off an existing market”. I actually LOL’d on that one. Spark has always been planned to go in Two Light and the Baltimore location was opened two years ago. Many people strongly disagree with you, including the city Manager. This is the first NEW class-A office space since the H&R building. You’re right, doesn’t add anything to downtown. :roll:
You could literally put a coworking space in any building DT. Floor 36. Floor 50. It's already happening.

You took a prime location and wasted it. Congratulations, you took filet mignon, turned it into hamburger and then spout that everyone wants hamburgers.

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Re: Two Light - 14th & Grand

Post by KCPowercat » Tue Jan 30, 2018 12:38 pm

StrangerThings wrote:
KCPowercat wrote:Okay. Proof is in the pudding and cordish hasn't brought the goods to this point. They said they needed housing first....they have hundreds of residents now in their own towers and thousands more in surrounding towers. No more excuses left. Thousands of tourist drop off at their doors with the streetcar per day....still...nothing of note.

All this announcement did today was water down another market...lol at not wanting to water down jos a. Bank market as the excuse for not bringing in retail.
40,000 is the number everyone agrees is a sustainable population. We are at 30,000. Like I’ve continued to say, we are not there yet. Don’t you think Three Light would be a great location for a ground floor national retailer?

It’s not about excuses. Cordish would make a pretty penny off a lease to a national retailer, you think they don’t know that? It’s a long play and moving too fast can really hurt in the long run.
Yup and I'm on record saying if cordish can't deliver retail in three light it is a huge failure of this entire plan. Not saying the district as a whole is a failure but that would be a pretty significant black eye to cordish....they've been handed a blank slate to deliver....now is time to deliver.

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Re: Two Light - 14th & Grand

Post by grecobs » Tue Jan 30, 2018 12:39 pm

The hype certainly didn’t live up to the announment IMO, however, this is the first business locating to P&L. The coworking space will bring white collar workers to the district that, adding some economic diversity, which is essential for any neighborhood to thrive.

If the announcement was tweeted rather than built up like this, I think the sentiment would be a bit lighter. Not an exciting announcement but also not a loss. I would consider this a win for P&L.

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Re: Two Light - 14th & Grand

Post by KCPowercat » Tue Jan 30, 2018 12:39 pm

StrangerThings wrote:
KCPowercat wrote:
StrangerThings wrote:
Considering they’re a major success in cities on the east and west coast combined with the fact that many young professionals are entrepreneurs who either live downtown or want to, this space is perfect. Young people more than ever want to live downtown, not own a vehicle and have everything within walking distance.

“Poaching off an existing market”. I actually LOL’d on that one. Spark has always been planned to go in Two Light and the Baltimore location was opened two years ago. Many people strongly disagree with you, including the city Manager. This is the first NEW class-A office space since the H&R building. You’re right, doesn’t add anything to downtown. :roll:
You understand how many co-working space are downtown and open right now don't you?

Embarrassing the city manager showed up for this announcement honestly.

Very aware. He actually called Walnut “incubator row” today. How many of those can you live in the same building? How many of those are in a brand new high rise? How many of those have worked with 300 companies in another market?
So watering down a well served market...all the while an underserved retail market isn't fulfilled....that's being a true leader in the neighborhood...congrats

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Re: Two Light - 14th & Grand

Post by Critical_Mass » Tue Jan 30, 2018 12:43 pm

beautyfromashes wrote:
StrangerThings wrote:
“Poaching off an existing market”. I actually LOL’d on that one. Spark has always been planned to go in Two Light and the Baltimore location was opened two years ago. Many people strongly disagree with you, including the city Manager. This is the first NEW class-A office space since the H&R building. You’re right, doesn’t add anything to downtown. :roll:
You could literally put a coworking space in any building DT. Floor 36. Floor 50. It's already happening.

You took a prime location and wasted it. Congratulations, you took filet mignon, turned it into hamburger and then spout that everyone wants hamburgers.
Who is the 'you' here? Did the StrangerThings individual you all are harassing personally negotiate and ink the deal for the co-working space?
So, not everyone is going to personally benefit from this tenant. So what? If the business model at that location fails, the space will still be there ready to lease out to someone else.

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