PROJECTS: SA Retail

[Mpol]

Don't know this is known but Jealousy is closing down and an Apple Mac store is coming in its place! Went into to the store today and the manager told me!

[eastadl]

Originally Posted by Mpol

Don't know this is known but Jealousy is closing down and an Apple Mac store is coming in its place! Went into to the store today and the manager told me!

whereabouts is Jealousy again? And is it the official Apple store

[Giorgio]

Rundle St near Alfrescos.

[christarrant]

Some gossip from an extremely reliable source....
Burnside village is undertrading quite significantly since re opening.
Tenants unhappy with foot traffic and rents.
Customers unhappy with the "loss of soul" of the place andlack of descent eateries.
Several key retailers will close or relocate when their leases are up,including zara who will relocate to the new Harris scarfe development in the mall when their lease is up in 18 months time. Note that zara signed a 2 year lease rent free at burnside !

[eastadl]

any more gossip you can tell us. You haven't said any for about a year.

and how longgggggg is it taking for the new Nescafe shop fit out. Hurry up!

[Mpol]

ZARA to move into the city? THANKYOU! Much better.

[Ben1985]

Originally Posted by eastadl

any more gossip you can tell us. You haven't said any for about a year.

and how longgggggg is it taking for the new Nescafe shop fit out. Hurry up!

Nespresso opens this Friday 30th.

[Giorgio]

Are you sure they only signed a 2 year lease? Sounds short for such a large/prominent store.

[crawf]

Originally Posted by Giorgio

Are you sure they only signed a 2 year lease? Sounds short for such a large/prominent store.

Agreed.

What's your source Chris, it sounds suss.

[Ben1985]

My housemate works at Zara Burnside Village.

Couple of things.

Zara have only signed a 2 year lease, however it was not rent free, but was quite discounted compared to what the market would expect them to pay.

Zara will be opening a second Adelaide store in the CBD in 2013, most likely at Rundle Place.

There are currently no plans for the Burnside Village store to close. It is however perfomring below expectation which is leading to these rumours.

[VHSLE CRUISER]

When the 2nd store opens up her in Adelaide CBD will this make it the most stores per capital city in Australia so far ?

[Sky_Is_The_Limit]

No. Zara is planning on opening in Chadstone (taking Esprit space) and Doncaster (extension to cater for Zara), taking Melbourne's likely total to 3 in 2013. Sydney is also likely to get a second store at Westfield Bondi in the older Borders space, though that is yet to be confirmed.

I wonder why Burnside is underperforming? Would have thought Adelaidians would flock there after its reopening, especially with Zara?

[crawf]

I personally still haven't been to Zara nor inside the latest expansion of Burnside Village.

If Zara opened in the city instead of Burnside, I'm sure it would of performed much better.

[Giorgio]

I think it is under performing because of the centre having such a small selection of shops. Zara would be the only store with pulling power for Burnside Village (oh and Woolworths).

[Ben1985]

You mean coles Giorgio?

from InDaily:

<H3>Thursday, 5 April 2012

An Apple in Rundle Malls eye



Kevin Naughton
GLOBAL technology powerhouse Apple is set to take a spot in Adelaide’s Rundle Mall in a move agent sources say will be a coup for the city’s retail sector.
Reports in The Australian today said it is understood Apple is in discussions to lease space in Rundle Place, the new 85-store $85 million development on the site of the old Harris Scarfe’s store.
Rundle Place is also said to be the location of a second Zara store – the Spanish fashion retailer that opened its first SA store at Burnside Village. Indaily understands negotiations are also underway for another Zara store at Westfield Marion.
The attraction of an Apple store is more than the products they sell – the stores also include a “genius bar” where owners of Apple products can have on-the-spot service or repairs.
“These types of stores bring in enormous levels of activity,” Rundle Mall management Authority CEO Martin Haese told Indaily this morning.
“The rumour’s you are hearing are consistent with what we are hearing, but natural the owners are keeping understandably tight lipped.
“If it happened, it would be a groundbreaking acquisition for Runddle Mall.”
Customers are drawn in to Apple stores for repairs, which can take between 15 minutes to an hour or two, generating significant foot traffic for shopping centres where they are located, Sarah Danckert writes in today’s Prime Space section of The Australian.
Apple is the world’s largest listed company and an Adelaide store will bring its Australian retail presence to 14 stores.
Rundle Place project leasing manager Ilona Rose declined to comment.
Apple’s company’s stores are in the 1,000sq m to 1500sq m range.
NSW has seven stores, each in major shopping centres.
Melbourne has three, Brisbane two and Perth one.
Spanish fashion outlet Zara is said to be looking for space for a second store in the Rundle Place complex.
Rumours around Adelaide that it would ditch its store in the Burnside shopping centre have been denied by the Centre’s management and by Zara’s Australian headquarters.
Indaily spoke with Burnside owners The Cohen group who said Zara was not leaving the centre.

</H3>

[crawf]

Rundle Mall to get $30m makeover
http://www.adelaidenow.com.au/news/s...-1226425786511


RUNDLE Mall will be transformed into an open thoroughfare with new paving, lighting and marquee stores in a $30 million plan to revive the premier retail strip.

As retailers face increasing pressure from online sales, Adelaide City Council's plan aims to create a unique shopping experience by bringing a new mix of dining and cafe stores and exclusive brands to the Mall.

Major visible changes include new hard-wearing paving, a covered event theatre in Gawler Place and more trees.

The most controversial change is a "de-cluttering" of the Mall's centre which will result in the removal of five existing businesses - including a cafe and flower sellers - from the middle of the walkway. Replacing these permanent structures will be two corridors for "pop-up" enterprises on the mall's fringes.

They will include coffee and food stores. The council has pledged that businesses shifted from the centre of the mall will be strongly encouraged to relocate nearby.

The Mall's balls and pig sculptures will remain but be moved off the central walkway.

The "de-cluttering" begins in December. Heavy construction will start next February, take a year to complete and progress in 30m increments to limit disruption to existing traders.

The detailed plan, to be released today, follows the announcement of a broad precinct masterplan in October.

It was estimated to cost $60 million and included major works on laneways running off the Mall, but these have now been shelved.

Lord Mayor Stephen Yarwood said the council had fully budgeted for the $30 million project, which includes $5 million set aside in an innovation fund which can be tapped by businesses with "creative activation" proposals.

"Whether it's the laneways, up-storey activation or facade treatments, we're looking at the first time in a long time at collaborative finance with the private sector to stimulate activity in the city," he said.

"De-cluttering the Mall is going to make it easier to navigate, have people able to see the shops and high-quality architecture, which is a key point of difference.

"The mall is not a shopping centre, it's unique."

The council's Mall spending is in addition to its approval of a $24 million Victoria Square revamp.

The State Government expects to have the $570 million Adelaide Oval redevelopment complete by 2014 and is working on a major overhaul of the Liquor Licensing Act to promote Melbourne-style small bars.

Adelaide City Council chief executive Peter Smith said the Mall had to become an active place during the day and night and provide shoppers with experiences that could not be matched by suburban or online trading.

He said the "de-cluttered" Mall would allow the council and traders to be more flexible.

"It has to be a place where people want to be," Mr Smith said. "We've created a stage. We could put a night food market down the middle. The shops can open if they want.

"That's the whole point of the change - we've created a place of changing experiences for people."

The council is taking on substantial new debt to fund its mall and square vision. The Government gave $2 million for detailed square design and the council is likely to push for more at the next election campaign.

Borrowing for the two projects will increase council debt by $10.8 million over two years.

My Yarwood said the plan had "unanimous support from council" and its cost was very manageable. However, it still needs formal approval over the next two weeks. Additional stages could be added to the Mall upgrade if the money was found.

Follow the discussion on Sen Adel
http://www.sensational-adelaide.com/...php?f=7&t=2658

[crawf]

Also Myer in Rundle Mall will be getting a major refurbishment starting some time next year.

Ain't you getting Glue as well, they are opening their first shop here, the first outside of NSW and Vic? I thought one was slated for the Rundell Mall for next year.

[eastadl]

Originally Posted by Brisbane_Rulz

Ain't you getting Glue as well, they are opening their first shop here, the first outside of NSW and Vic? I thought one was slated for the Rundell Mall for next year.

what is Glue, other than sticky stuff?