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Started By
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15,000 S-foot Specialty Grocery @ Perkins/Acadian...speculations?
Posted on 4/12/12 at 3:38 pm
Posted on 4/12/12 at 3:38 pm
What are the chances this could be a Trader Joes?
_____________________________________________
A long-awaited grocery store planned for the Acadian Village development at Perkins Road and Acadian Thruway appears one step closer to reality. That's according to real estate broker Jonathan Walker, who says a letter of intent has been signed between Commercial Properties Realty Trust—which owns and is developing the former Wal-Mart site—and a specialty grocery store chain. Walker declines to identify the chain, as does Commercial Properties, but he says he expects a lease to be signed within 30 days and that the chain plans to open a 15,000-square foot outlet—its first in Louisiana—on the site. That would be considerably smaller than the big-box store once envisioned for the site. But Walker says a smaller, specialty store will enable the developers to keep the mixed-use project more upscale. "I think they wanted to keep the grocery store high-end rather than bringing in some discount chain," he says. "'Upscale' is probably the key word." This isn't the first time talk of a grocery store at that location has grabbed headlines. Nearly four years ago, the state bond commission approved $4 million in GO Zone funding for Robert Fresh Market, an upscale New Orleans grocery store, to open at that location. Those plans never materialized, and rumors of another grocery store at the site have surfaced from time to time ever since.
Business Report 4/12/12
_____________________________________________
A long-awaited grocery store planned for the Acadian Village development at Perkins Road and Acadian Thruway appears one step closer to reality. That's according to real estate broker Jonathan Walker, who says a letter of intent has been signed between Commercial Properties Realty Trust—which owns and is developing the former Wal-Mart site—and a specialty grocery store chain. Walker declines to identify the chain, as does Commercial Properties, but he says he expects a lease to be signed within 30 days and that the chain plans to open a 15,000-square foot outlet—its first in Louisiana—on the site. That would be considerably smaller than the big-box store once envisioned for the site. But Walker says a smaller, specialty store will enable the developers to keep the mixed-use project more upscale. "I think they wanted to keep the grocery store high-end rather than bringing in some discount chain," he says. "'Upscale' is probably the key word." This isn't the first time talk of a grocery store at that location has grabbed headlines. Nearly four years ago, the state bond commission approved $4 million in GO Zone funding for Robert Fresh Market, an upscale New Orleans grocery store, to open at that location. Those plans never materialized, and rumors of another grocery store at the site have surfaced from time to time ever since.
Business Report 4/12/12
This post was edited on 4/12/12 at 3:39 pm
Posted on 4/12/12 at 3:40 pm to RaginCajunz
I can do more than speculate, but then I'd get in trouble.
Posted on 4/12/12 at 3:41 pm to RaginCajunz
That would be awesome to have a Trader Joe's in LA
Posted on 4/12/12 at 3:42 pm to BottomlandBrew
I won't tell. Who could possibly find out if you post inside info on the internet?
quote:
I can do more than speculate, but then I'd get in trouble.
Posted on 4/12/12 at 3:43 pm to RaginCajunz
quote:
"I think they wanted to keep the grocery store high-end rather than bringing in some discount chain,"
Trader Joes if far from high-end, but I would take it...
Posted on 4/12/12 at 4:01 pm to BottomlandBrew
quote:
I can do more than speculate, but then I'd get in trouble.
hints?
Posted on 4/12/12 at 4:24 pm to Gris Gris
Seems like Trader Joes. Anyone know anything or been to this place before?
Posted on 4/12/12 at 4:28 pm to Tiger Authority
that's some BS that Baton Rouge gets a trader joes b4 NOLA.
Though I am happy NOLA is getting a Costco.
Though I am happy NOLA is getting a Costco.
Posted on 4/12/12 at 4:32 pm to Neauxla
quote:
Though I am happy NOLA is getting a Costco
yeah wtf why don't we have one of those?
Posted on 4/12/12 at 4:34 pm to Tiger Authority
What's going up where the old caterie used to be?
I guess nothing now, because they have the for lease sign up. But the framework and architecture looks like the stores will mirror the layout of the exterior of burgersmith. Kind of that Magazine st. storefront look.
I guess nothing now, because they have the for lease sign up. But the framework and architecture looks like the stores will mirror the layout of the exterior of burgersmith. Kind of that Magazine st. storefront look.
Posted on 4/12/12 at 4:44 pm to BugAC
Yeah I don't know. I need to ask some of my commercial real estate buddies.
Posted on 4/12/12 at 4:52 pm to BottomlandBrew
quote:
I can do more than speculate, but then I'd get in trouble.
Posted on 4/12/12 at 5:21 pm to iAmBatman
quote:
That would be awesome to have a Trader Joe's in LA
+1,0000000000
Posted on 4/12/12 at 6:32 pm to windriver
That area seems perfect for a Trader Joes based on the 5 or 6 I've been in before. The square footage is dead one. It would be the first one in the state as the article mentioned. If it's not a Trader Joe's I have no idea what else it could be.
Posted on 4/12/12 at 6:54 pm to RaginCajunz
What is special about Trader Joes? Is it like Whole Foods or something?
Posted on 4/12/12 at 7:17 pm to bubbz
I told y'all a Trader Joes was going there months ago, but no one wanted to believe me.
Posted on 4/12/12 at 7:26 pm to tracytiger
quote:
I told y'all a Trader Joes was going there months ago, but no one wanted to believe me.
See link posted above giving you internet credit. Most people believed you, outside of some nola folks that couldn't comprehend it.
Posted on 4/12/12 at 7:44 pm to tracytiger
We still dont know if its a trader joes. Could turn out to be a publix
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