Author Topic: Sycamore Township: Kenwood Collection  (Read 83219 times)

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Offline The_Cincinnati_Kid

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Re: Sycamore Township: Kenwood Collection
« Reply #455 on: May 19, 2014, 03:14:31 PM »
Kenwood Collection reveals new look (Images)
Tom Demeropolis Reporter- Cincinnati Business Courier

 

Phillips Edison & Co. kicked off the International Council of Shopping Centerís Global Retail Real Estate Convention in Las Vegas with new renderings of the Kenwood Collection.

To view a slideshow of the new renderings, click on the image to the right.

http://www.bizjournals.com/cincinnati/news/2014/05/19/kenwood-collection-reveals-new-look-images.html
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Offline Ram23

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Re: Sycamore Township: Kenwood Collection
« Reply #456 on: May 19, 2014, 03:41:23 PM »
^

ďHayden and Co." -  I wonder what thatís supposed to be? I think thatís a trademarked shade of teal, if Iím not mistaken.
« Last Edit: May 19, 2014, 03:42:51 PM by Ram23 »

Offline Jimmy_James

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Re: Sycamore Township: Kenwood Collection
« Reply #457 on: May 19, 2014, 03:44:31 PM »
LOL.  I can't wait for the "Curburry" in slide 6 to open.
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Offline kjbrill

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Re: Sycamore Township: Kenwood Collection
« Reply #458 on: May 19, 2014, 03:44:33 PM »
Kenwood Collection reveals new look (Images)
Tom Demeropolis Reporter- Cincinnati Business Courier

 

Phillips Edison & Co. kicked off the International Council of Shopping Centerís Global Retail Real Estate Convention in Las Vegas with new renderings of the Kenwood Collection.

To view a slideshow of the new renderings, click on the image to the right.

http://www.bizjournals.com/cincinnati/news/2014/05/19/kenwood-collection-reveals-new-look-images.html

If the finished product looks that well it will be and asset to the area.

Offline Jimmy_James

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Re: Sycamore Township: Kenwood Collection
« Reply #459 on: May 19, 2014, 03:50:11 PM »
If the finished product looks that well it will be and asset to the area.

Just one more mall in an area already oversaturated with them.  Whenever I'm forced to go to Kenwood, it blows my mind that anyone would shop there voluntarily (traffic, parking, etc.).  I basically avoid Kenwood at all costs unless store X doesn't have another location in the region.
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Offline kjbrill

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Re: Sycamore Township: Kenwood Collection
« Reply #460 on: May 19, 2014, 07:07:31 PM »
If the finished product looks that well it will be and asset to the area.

Just one more mall in an area already oversaturated with them.  Whenever I'm forced to go to Kenwood, it blows my mind that anyone would shop there voluntarily (traffic, parking, etc.).  I basically avoid Kenwood at all costs unless store X doesn't have another location in the region.

Oh I agree, I never go to Kenwood. I just commented if carried out like the pictures it will look nice. And I am sure many people will go, more than go now. I just won't be one of them. And when I think why would anyone want to work in that office tower it boggles my mind. Traffic, parking, and on top of what was already poor traffic flow.

Offline Jimmy_James

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Re: Sycamore Township: Kenwood Collection
« Reply #461 on: May 19, 2014, 08:38:20 PM »
^Yeah.  I remember you posting about the traffic and whatnot in Kenwood.  That wasn't aimed at you specifically.  I'm just constantly surprised at the number of people who choose to shop there when the experience is so poor.  I guess having the only Apple store, Crate & Barrel, Nordstrom's etc. is worth something.
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Offline jmnempire

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Re: Sycamore Township: Kenwood Collection
« Reply #462 on: May 19, 2014, 09:12:33 PM »
Kenwood is the very BEST in metro Cincinnati, from store selection to facility no other destination in our region comes even close. That's why so many people shop there, without even counting the anchor tenants it grosses more than 300 Million dollars in sales a year those numbers are available on the General Growth Properties website. With The Kenwood Collection the area is not gonna lose the Crown for a long time to come.
« Last Edit: May 19, 2014, 09:35:08 PM by jmnempire »

Offline Jimmy_James

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Re: Sycamore Township: Kenwood Collection
« Reply #463 on: May 20, 2014, 05:27:09 PM »
Kenwood is the very BEST in metro Cincinnati, from store selection to facility no other destination in our region comes even close.

Your definition of "best" and mine differ then.  Kenwood Towne Center is just a mall with bad traffic and a parking problem, nothing special.  They've just parlayed their centralized location and proximity to some wealthy neighborhoods into becoming the premier shopping destination in the region. 

without even counting the anchor tenants it grosses more than 300 Million dollars in sales a year those numbers are available on the General Growth Properties website.

You have to count the anchor tenants, though.  Without those, Kenwood Towne Center is Northgate Mall.  To their credit, Kenwood has done a very nice job of locking up several high profile stores that are exclusive to the region (Restoration Hardware, Nordstrom's, Crate & Barrel, The Apple Store, Pottery Barn, Williams Sonoma, The Cheesecake Factory, Maggiano's, now Saks, and possibly Tiffany's).  That's why they perform better than other shopping districts in the area. 

If you don't have to visit one of the stores that is located only in Kenwood, it isn't worth passing up whatever venue is closest to you, like Rookwood Commons or Crestview Hills Town Center (auto-oriented, though they may be). 
« Last Edit: May 20, 2014, 05:39:38 PM by Jimmy_James »
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Offline edale

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Re: Sycamore Township: Kenwood Collection
« Reply #464 on: May 21, 2014, 01:57:57 PM »
^ I completely disagree.  Kenwood is far and away the best shopping area in Cincinnati.  As you mentioned, it has the most high end stores in the region (Michael Kors, Nordstrom, Tesla, True Religion, Lilly Pulitzer, Brooks Brothers, Kate Spade), it also has the Apple, Lego, Bose and several other unique to region, interesting stores.  Also, the stores that do exist in other locations in the region usually have their best selection at the Kenwood store.  For example, when I was looking to buy my glasses frames, I started looking at the Rookwood location because it's closer to where I live.  There was next to no selection so I went up to Kenwood later in the week, and there was probably 3x as many choices.  The Macy's is huge and by far the best in the area, too.  I really don't find the traffic in Kenwood that bad, other then around the holiday season.  Honestly, I think Rookwood is a bigger pain in the ass to navigate than Kenwood.

Offline jjakucyk

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Re: Sycamore Township: Kenwood Collection
« Reply #465 on: May 21, 2014, 03:02:43 PM »
I do find the traffic argument funny.  What other shopping area of any remotely equivalent size doesn't have similar traffic problems?

Offline Ram23

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Re: Sycamore Township: Kenwood Collection
« Reply #466 on: May 21, 2014, 03:08:19 PM »
On the topic of traffic, The Kenwood Collection would have a very ideal location should there ever be an I-71 light rail line and a stop at Montgomery.

Offline jdm00

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Re: Sycamore Township: Kenwood Collection
« Reply #467 on: May 21, 2014, 08:50:01 PM »
Kenwood is the very BEST in metro Cincinnati, from store selection to facility no other destination in our region comes even close.

Your definition of "best" and mine differ then.  Kenwood Towne Center is just a mall with bad traffic and a parking problem, nothing special.  They've just parlayed their centralized location and proximity to some wealthy neighborhoods into becoming the premier shopping destination in the region. 

without even counting the anchor tenants it grosses more than 300 Million dollars in sales a year those numbers are available on the General Growth Properties website.

You have to count the anchor tenants, though.  Without those, Kenwood Towne Center is Northgate Mall.  To their credit, Kenwood has done a very nice job of locking up several high profile stores that are exclusive to the region (Restoration Hardware, Nordstrom's, Crate & Barrel, The Apple Store, Pottery Barn, Williams Sonoma, The Cheesecake Factory, Maggiano's, now Saks, and possibly Tiffany's).  That's why they perform better than other shopping districts in the area. 

If you don't have to visit one of the stores that is located only in Kenwood, it isn't worth passing up whatever venue is closest to you, like Rookwood Commons or Crestview Hills Town Center (auto-oriented, though they may be). 

I have to say, I went to Northgate recently because I was in the area.  The difference between that and Kenwood in terms of the mall itself--quality of stores, foot traffic, etc.--is akin to the difference in urbanity between walking in OTR and walking through a circa-2005 subdivision.  I was truly amazed at how much more upscale and thriving Kenwood is. 

Offline jmnempire

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Re: Sycamore Township: Kenwood Collection
« Reply #468 on: May 21, 2014, 09:29:43 PM »
Jimmy_James I completely disagree also it's the non anchor tenants that make Kenwood Towne Center what it is and the BEST in our region. There are many tenants at Kenwood that only have 1 location in our Metro Michael Kors, Apple, Microsoft, Coach, Bose I can go on and on. Those tenants outside of a possible 2nd apple store in the future will also probably not add anymore locations in Cincinnati either. And you also mentioned that  those sales numbers of 300million must include the anchors but according to news articles and General Growth Properties it clearly states NOT including anchor tenant sales. In addition to hit on a point mentioned I have worked at a retail store in kenwood and it is true that retailers do send product to kenwood that will not go to other locations in the market.

Offline jmnempire

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Re: Sycamore Township: Kenwood Collection
« Reply #469 on: May 21, 2014, 09:52:30 PM »
From General Growth Properties site quote: "Specialty shops produced sales of $305,600,000 in 2013."

Offline Jimmy_James

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Re: Sycamore Township: Kenwood Collection
« Reply #470 on: May 21, 2014, 11:02:50 PM »
There are many tenants at Kenwood that only have 1 location in our Metro Michael Kors, Apple, Microsoft, Coach, Bose I can go on and on.  Those tenants outside of a possible 2nd apple store in the future will also probably not add anymore locations in Cincinnati either.

Isn't that basically what I said?  Those are the main draw of Kenwood and what makes it feel exclusive.  Otherwise, you can get much of what is offered elsewhere.

And you also mentioned that  those sales numbers of 300million must include the anchors but according to news articles and General Growth Properties it clearly states NOT including anchor tenant sales.

I didn't say that the $300 million includes the anchors' sales, I said that you can't ignore the anchors.  That 300 million figure may exclude the anchors, but if those unique anchors like Nordstroms weren't there, the spillover business that comprises much of that $300 million would happen elsewhere.  In Kenwood's case, some of the specialty stores are functioning as anchors themselves.  You might not go to Kenwood if you only want to shop at The Gap, but if you have to go to The Apple Store anyway, you might buy a sweater at Kenwood instead of the mall closest to your house.

Kenwood definitely has more stores.  Does that make it a better experience?  Not to me.  It's simply the only option in town for some of the venues.  They've done a nice job carving out that niche.  I just don't see a lot of difference in the experience offered between Florence Mall, Northgate Mall, Kenwood Towne Center, etc.  But I guess I'm not the target demo.  To each their own, I suppose. 
« Last Edit: May 22, 2014, 12:01:14 AM by Jimmy_James »
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Offline jmnempire

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Re: Sycamore Township: Kenwood Collection
« Reply #471 on: May 22, 2014, 12:04:10 AM »
Other than store mix the design-layout and just overall feel of Kenwood versus the other shopping venues are just not even close. GGP keeps that mall extremely clean and well maintained regardless of the huge foot traffic it sees, including what seems like almost constant investment on renovations big and small with the latest wrapping up late last year to make the whole mall feel more like the Nordstrom Wing. I do think that it's about personal taste tho so whatever floats your boat.

Offline GCrites80s

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Re: Sycamore Township: Kenwood Collection
« Reply #472 on: May 22, 2014, 12:10:15 AM »
From General Growth Properties site quote: "Specialty shops produced sales of $305,600,000 in 2013."

Wait, does that mean all inline stores or just specialty in the mall lexicon? "Specialty" in the mall world means non-national inline stores, kiosks, restaurants and food court tenants that have sub 3-5 year leases. The store I own is a specialty tenant in a mall up here in central Ohio. So that wouldn't even include the Apple store for example because they are a national long-term tenant. If so, $300M is beyond massive.

Offline jmnempire

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Re: Sycamore Township: Kenwood Collection
« Reply #473 on: May 22, 2014, 12:27:10 AM »
Not sure good question tho, I will say this I love Kenwood to death and go at least once every couple weeks but even I was shocked when I saw the 300million dollar number and stunned when it said minus anchors.

Offline jmnempire

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Re: Sycamore Township: Kenwood Collection
« Reply #474 on: May 22, 2014, 12:34:28 AM »
And I do apologize this thread is about The Collection so getting a little off topic. I do hope we get a Burberry and maybe a Zara that would be GREAT!

Offline SAF

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Re: Sycamore Township: Kenwood Collection
« Reply #475 on: May 24, 2014, 01:38:14 AM »
From General Growth Properties site quote: "Specialty shops produced sales of $305,600,000 in 2013."

Wait, does that mean all inline stores or just specialty in the mall lexicon? "Specialty" in the mall world means non-national inline stores, kiosks, restaurants and food court tenants that have sub 3-5 year leases. The store I own is a specialty tenant in a mall up here in central Ohio. So that wouldn't even include the Apple store for example because they are a national long-term tenant. If so, $300M is beyond massive.

I do know that the anchors (Nordstrom/Dillard's/Macy's) are not included in $305+ million. I think everything else is, including restaurants.  Not sure how Nordstrom does, but Macy's is in their top 10% of stores.  It brings in about $70 million per year. That doesn't include the furniture gallery across the street, which does around $12 million per year.  As a comparison, the next busiest Macy's store in the market is Florence Mall, at around $30 million per year.  With the new Kenwood Collection coming, and recent upgrades to Kenwood Towne Centre, the only thing left to do to is for them to tear down and build a new Dillard's.  That store is way too outdated for the location it's in.   

Offline unusualfire

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Re: Sycamore Township: Kenwood Collection
« Reply #476 on: May 30, 2014, 08:00:39 PM »
They have started a new floor to this building.

Offline jmnempire

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Offline dlueg

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Re: Sycamore Township: Kenwood Collection
« Reply #478 on: August 19, 2014, 02:10:35 PM »
pretty big news, both for how the final form of the kenwood collection plays out and (potentially) the future of downtown retail.

http://www.cincinnati.com/story/money/business/2014/08/19/saks-kenwood-collection/14286865/

Offline Brutus_buckeye

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Re: Sycamore Township: Kenwood Collection
« Reply #479 on: August 19, 2014, 02:37:54 PM »
Looks like they are staying downtown. Cranley saves the day for Cincinnati retail.

Offline jmecklenborg

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Re: Sycamore Township: Kenwood Collection
« Reply #480 on: August 19, 2014, 03:03:00 PM »
Maybe they could move into a newer and better space in the proposed Pogue's garage tower. 

Offline hoerstw

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Re: Sycamore Township: Kenwood Collection
« Reply #481 on: August 19, 2014, 03:13:12 PM »
At the end of the day, Saks has only stayed DT for so many years because of subsidies by the City...they could just as easily land a deal to move to the new Liberty Center development. 

Granted i have no idea if that store is profitable or not but it seems they were looking to leave that location.

Offline Brutus_buckeye

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Re: Sycamore Township: Kenwood Collection
« Reply #482 on: August 19, 2014, 03:43:42 PM »
I think they would not go to Liberty, it is either Kenwood or stay where you are for Saks.

Offline Cincinnatus

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Re: Sycamore Township: Kenwood Collection
« Reply #483 on: August 19, 2014, 03:46:12 PM »
Yeah, no one would drive that far unless it's a visit to IKEA.
The opening of IKEA just might save Cincinnati from the nation-wide economic downturn. -Jack Atherton

Offline jjakucyk

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Re: Sycamore Township: Kenwood Collection
« Reply #484 on: August 19, 2014, 06:51:30 PM »
Tangentially related, but I noticed today that the Dillonvale TJ Maxx closed and has moved to the former Barnes & Noble space in Sycamore Plaza, opening on the 21st.  I figured the old Linens 'n Things space (which is still empty) would be a better fit for them, but either way I found the move surprising. 

Offline OllyTransit

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Re: Sycamore Township: Kenwood Collection
« Reply #485 on: August 19, 2014, 08:55:27 PM »
I think they would not go to Liberty, it is either Kenwood or stay where you are for Saks.

Hasn't Liberty Center had a pretty rough time finding good (read: high-end) tenants anyway?

Offline unusualfire

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Re: Sycamore Township: Kenwood Collection
« Reply #486 on: August 19, 2014, 10:11:51 PM »
I bet it wants to be on the banks.

Offline OCtoCincy

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Re: Sycamore Township: Kenwood Collection
« Reply #487 on: August 20, 2014, 12:37:02 AM »
I doubt it. If they want to stay downtown they are in the best spot (next to macys). You never want to be an island in retail. No chance they go to Banks

Offline Mov2Ohio

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Re: Sycamore Township: Kenwood Collection
« Reply #488 on: August 20, 2014, 07:37:21 AM »
Assuming they stay put that's great news for Cincy and all medium sized metros looking to sustain or beef up their retail offerings
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Offline ucgrady

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Re: Sycamore Township: Kenwood Collection
« Reply #489 on: September 25, 2014, 02:08:19 PM »
Snapped this picture this morning driving on I-71 (probably not the safest thing I've ever done), but this is starting to look like something different. The corners have been chamfered  and the roof is being raised and has a subtle arch to it. It definitely looks like it's going to be better than the original design, now if only it was in the basin and not in the burbs.
« Last Edit: September 25, 2014, 02:19:35 PM by ucgrady »

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