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Thoughts on the new Winn Dixie in Mid City?
Posted on 7/30/13 at 9:07 pm
Posted on 7/30/13 at 9:07 pm
Interesting article describing the complex situation
quote:
Strella believes more of an effort should have been made to include smaller New Orleans businesses in the development, as opposed to the group of national chains that eventually became the overwhelming majority in the finished product. He points to a study conducted by the Urban Conservancy in 2009 that found that a dollar spent at a Magazine Street merchant brings back twice as much in local recirculation revenue than one spent at a SuperTarget. The study goes on to state that if ten percent of all retail spending in Orleans Parish were shifted from chain to local, it would mean an annual $60 million addition to the NOLA economy.
quote:
Ward notes that often multinationals are allowed into promising retail space for the same reason why it is so difficult to imagine such an impoverished city actually being able to resist the idea of immediately redeveloping blight by any means necessary: money. National companies have plenty to use to move in while New Orleans itself has only enough to fund small developments and many New Orleanians have none at all to put towards shopping local, that is, if they even want to in the face of a personally preferred national option.
quote:
“Due to the cost of this large commercial property and the expense of the serious environmental remediation work that had to be done before the property could be developed, I question whether the Refresh Project model could have been economically feasible there,"
The way I read it, it's pretty simple: although NOLA would love to keep it local and 'unique', the barriers to entry are too large and often require subsidies. Large corporations provide immediate jobs, get rid of blighted areas, and service a need for many in the area (1 to 14000 grocery store to citizen ratio)
This post was edited on 7/30/13 at 9:11 pm
Posted on 7/30/13 at 9:13 pm to TulaneUVA
quote:
Projected to bring in $60 million in annual revenue and boost New Orleans sales tax revenue once it opens in full, the development is also expected to generate over 200 full time and 150 part time jobs.
Waaaaah. The big bad chain boogie monster is moving in. What I quoted should be enough for most people to get over themselves.
Posted on 7/30/13 at 9:17 pm to CT
quote:
Waaaaah. The big bad chain boogie monster is moving in. What I quoted should be enough for most people to get over themselves.
It's almost like some would rather there be run down areas, unemployment, and a less-diverse market for their needs in favor of the idea of keeping New Orleans "unique" and "local". Of course we would all love for the latter, but the pros seem to outweigh the cons. If New Orleans is really it's cracked up to be (and I think it is), then the market will dictate that local establishments will win out even with the presence of chains.
In the end, I am a believer in letting the free market work.
This post was edited on 7/30/13 at 9:27 pm
Posted on 7/30/13 at 9:18 pm to tarnol7
I think it opens on the 1st.
Posted on 7/30/13 at 9:18 pm to tarnol7
I think it opens on the 1st.
Posted on 7/30/13 at 9:20 pm to TulaneUVA
I wonder if Stay Local!'s Mark Strella has a problem with the new Whole Foods being built.
Aren't they the big bad chain boogie monster too? Or is it ok because WF is "cool"?
Aren't they the big bad chain boogie monster too? Or is it ok because WF is "cool"?
This post was edited on 7/30/13 at 9:21 pm
Posted on 7/30/13 at 9:22 pm to CT
Regarding Whole Foods, from the article:
So apparently Stella either doesn't mind or sees it as a necessary evil
quote:
As an alternative, Strella points to the Refresh Project, the 60,000 sqare foot development that will revamp the former location of Schwegmann’s Grocery Store at the intersection of Broad and Bienville Streets in MidCity. Though the site, which broke ground in early May, will be headlined by a Whole Foods, it will also feature a full service Liberty’s Kitchen, a non-profit that works to provide New Orleans youth with opportunities in the culinary industry. The site will also contain the Tulane University’s Goldring Center for Culinary Medicine, a medical school affiliated teaching kitchen that will look to lower the local rates of diabetes, hypertension, and obesity through nutritional education.
So apparently Stella either doesn't mind or sees it as a necessary evil
This post was edited on 7/30/13 at 9:24 pm
Posted on 7/30/13 at 9:23 pm to TulaneUVA
Businesses want to spend hundreds of millions developing a shitty area of the city and people still bitch. fricking ne'er do wells.
Posted on 7/30/13 at 9:24 pm to Cosmo
quote:
Businesses want to spend hundreds of millions developing a shitty area of the city and people still bitch. fricking ne'er do wells.
Nola hipsters gonna hip.
Posted on 7/30/13 at 9:25 pm to Cosmo
And what I'd say to Stella is "At least it's not Wal Mart"
Even though I'd have no problem with Wal Mart doing the same thing
Even though I'd have no problem with Wal Mart doing the same thing
Posted on 7/30/13 at 9:27 pm to TulaneUVA
quote:
the barriers to entry are too large and often require subsidies. Large corporations provide immediate jobs, get rid of blighted areas, and service a need for many in the area
Yeah, basically. It's how it works almost everywhere for infill development. Developers need large, national retailers to commit so they can get financing. As another poster said, the market will decide if the chains make it long term. I'm pretty sure they will. Construction begins on the greenway here in a few months. Once that thing opens in a year or two, you'll see rent skyrocket along the Lafitte corridor.
That said, that new shopping center is providing my girlfriend with a a job at a local retailer.
This post was edited on 7/30/13 at 9:28 pm
Posted on 7/30/13 at 9:39 pm to BottomlandBrew
I know a local restaurant that wanted a second location there and the rent was crazy expensive. Over 5k for less than 2000 sq ft I believe
Posted on 7/30/13 at 10:23 pm to CT
Don't care it's too far away for me to ride my fixie there. I'll still go to the farmers market and the neighborhood butcher.
This post was edited on 7/30/13 at 10:24 pm
Posted on 7/30/13 at 10:39 pm to TigerWise
Guy that wrote this article should move, what a waste of brain power.
Posted on 7/31/13 at 7:34 am to kfizzle85
Why do you say that kfizzle?
Posted on 7/31/13 at 7:44 am to TulaneUVA
Its just such a have your cake and eat it thing. Bitch about wanting development, get development, then bitch about said development. "We need people to invest in our dying neighborhoods, just not these people!" I'm sure everyone would prefer it be full of "local businesses" ratehr than fricking Pei Wei but come on man, it was a god damn car dealership before.
This post was edited on 7/31/13 at 7:46 am
Posted on 7/31/13 at 8:00 am to kfizzle85
And that area really isn't bad. I just wish they put a Whole Foods there and the Winn Dixie on Broad. Hopefully the trash stays out and it can stay a more upscale area.
Posted on 7/31/13 at 8:05 am to Rickety Cricket
They'll have bums sleeping in the parking lot within a month.
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