Tony Sleiman's New Town Center

[hooplady]

Ah yes, let's harken back to a simpler time when...oh never mind.  The King is dead, long live the King!

http://en.wikipedia.org/wiki/Columbia,_Maryland
http://www.columbiavillagecenters.com/

[FSBA]

Question, why is this thread in the Northside sub-forum? I wasn't aware Atlantic and Kernan was part of the Northside now.

[Cheshire Cat]

Question, why is this thread in the Northside sub-forum? I wasn't aware Atlantic and Kernan was part of the Northside now.

That would be because I put it here.  lol  I honestly could not decide where it belonged and of course the thread can be moved to a more appropriate place, I just don't know how to do that.  Where do you suggest FSBA?

[YellowBluffRoad]

I had the same question, I live on the Northside and the Atlantic-Kernan area is East Arlington to me. Should this be in the Arlington child board, if a mod can move it?

[thelakelander]

done!

[Cheshire Cat]

Thanks Ennis!

[mtraininjax]

The older sections of Atlantic will continue to decline as older commercial corridors such as Emerson, University Blvd and Baymeadows have.  The key for their futures will be their ability to reinvent themselves.  Emerson has struggled but Baymeadows appears to be morphing into a cultural district.

Lake - Check the median incomes in these zip codes. They tell the ENTIRE STORY! 32225, which is where the Atlantic/Kernan interchange sits is the 4th highest in Duval County, with a median income of $65k and over 53,000 residents....and growing!

Meanwhile, Emerson and 32207 has a median income of $41k (not enough people in San Marco to lift this stat), with almost 33,000 residents. Follow the money in town, you will see why and where stuff is happening.

Sleiman would be an idiot to invest new money into the landing, it is dead last in median income in 32202, at only $15k per resident and only about 6000 residents. He would only be upgrading to conventioneers and people who use the hotels, for the most part.

Baymeadows, jury is still out on it. It is in 32217, 32257 and 32256 with 56 in desperate need to be split into a new zip code and soon. Its way to big to have all those households that are growing by leaps and bounds especially in the New Baymeadows area near 295. The new Baymeadows area is giving them a boost and raising the average income to $55k. My bet is if you look at the old Baymeadows between San Jose and Southside, it would mimic that of Emerson in median income.

Follow the money of the residents!

[CityLife]

This site isn't in 32258...32258 is in Mandarin.

Also, people in that business look at the demographics of their trade area, not simply a zip code.

The Landing example you used is laughable. If trade area numbers were used, you would likely capture parts of San Marco, Riverside/Avondale, and Springfield which obviously would bring the income numbers way up. At the same time, the trade area of this site at Kernan and Atlantic may extend into parts of Arlington that would skew the income numbers down.

[tufsu1]

Sleiman would be an idiot to invest new money into the landing, it is dead last in median income in 32202, at only $15k per resident and only about 6000 residents.

and you would be an idiot if you thought the Landing's primary market was downtown residents,,,,just as it was when first opened in 1987, a revamped Landing would be a regional draw...not to mention the visitors that continue to go there.

[mtraininjax]

just as it was when first opened in 1987, a revamped Landing would be a regional draw

lol! I am sure Sleiman will let you use his money to prove this notion. He has been in the business a lot longer than you and me put together. IF the Landing were to be a "regional" draw, you don't think he would have done this years ago when he picked it up?

The fact is that downtown residents, the few of them are not enough to create a new Landing. Follow the money, very simple!

Name calling not withstanding!

[mtraininjax]

This site isn't in 32258...32258 is in Mandarin.

You are correct, I updated my info to reflect the 32225 zip code. A truly rich and diverse zip code.

Also, people in that business look at the demographics of their trade area, not simply a zip code.

Correct, but they also look at the median income for the people in the zip code or area. With Jacksonville being so spread out, it is easier to look at median incomes and values of property by zip code rather than neighborhoods. After all, the news media considers Riverside as Westside, so it gets lumped in with 103rd street. Yeah, really!

The Landing example you used is laughable. If trade area numbers were used, you would likely capture parts of San Marco, Riverside/Avondale, and Springfield which obviously would bring the income numbers way up.

If you need me to do so, I can send you to a link with the data. The data numbers do not lie, 32206, Springfield is not a very good zip code, so I would not use it in your explanations. In fact, out of 33 zip codes with economic data, San Marco (07), Riverside (04), Riverside/Avondale (05) and Springfield (06) all lie in the bottom 2/3 of the data, but they are all among the top 10 in the newly released Total Crime Index. So higher crime, lower median income, yeah, who would not want to open a new mall with this refreshing data??

At the same time, the trade area of this site at Kernan and Atlantic may extend into parts of Arlington that would skew the income numbers down.

Have you seen a map of where this development is located? 32225 and the Kernan/Atlantic interchange are a good 2-3 miles from 32211, the older part of Arlington. 32277 and its Empire Point are even further from it. These zip codes are closed to Regency, which shows how well Regency does with these zip codes support. This new development will pull from 32225 and 32246 which is number 10 in the median income zip codes, out of 33.

If you don't think that developers look at zip code income dynamics, you are just dead wrong. We do it all the time.

[tlemans]

What is it with developers sticking retail centers out in the boonies? Why doesn't Sleiman do something with the landing and move major retail in there, so it will be a major place to go to in the urban core besides drinking heavily and remarking on the closed shops?

I agree with you. The Landing really needs an overhaul. It has a lot of potential with the right leadership and vision.
I love shopping so more is better for me. I hope his vision for Atlantic and Kernan is a success. Maybe a Macy's

[thelakelander]

No Macys. Earth Fare and Regency's Belk are on the way.

Target Contractors Inc. is the contractor for the project, a 24,000-square-foot store for the North Carolina-based organic and natural foods grocer.

Plans show Earth Fare also will offer a 41-seat café area near the entrance. The café is near the coffee and yogurt bar.

The store is at 11901 Atlantic Blvd. in the center anchored by Academy Sports & Outdoors and LA Fitness. Belk also plans to build a department store there.

http://www.jaxdailyrecord.com/showstory.php?Story_id=541398&searchtext=earth%20fare

[tufsu1]

and it seems likely that Belk will close their Regency store when this one opens