126
Junior MemberJunior Member
126

PostJan 24, 2013#76

In regards to the blog post a few comments ago: Good points made. With regards to Culinaria/Schnucks, how well have they "localized" their downtown location? Fairly well, I would say. (I posted this before seeing that somebody else mentioned Culinaria right before me)

If Walgreens (the 'good' example in the post) did this downtown, would it be too similar to Culinaria? I think that is the draw for Target, that a store like that is missing from downtown.

But where the blog points out that the needs of the "sushi-loving, express manicure seeking shopper" aren't met at the Target (in the Loop), would we have that same issue in downtown STL? Would shoppers here be that particular? It's hard to compare the Loop with our downtown.

3,235
Life MemberLife Member
3,235

PostJan 24, 2013#77

wabash wrote:
debaliviere wrote:I can't imagine downtown has anywhere near the critical mass necessary to support a Target, even a smaller, urban version of Target. Would be nice, but we're a long way from ever getting one.
Just in terms of numbers, why does a Target work in Fairview Heights, Jennings, Florissant, or Washington, MO (Pop. 14,000) and not Downtown? Is it that downtown doesn't have the right kind of consumers? Or not enough consumers? Doesn't draw from a large enough area? Or (I'm afraid to say it) doesn't have enough parking?
Comparing a Target in a suburban location and an urban location can be tough to do because they are 2 entirely different landscapes. I look at it this way: The Metro East has 250k people living in the area and probably 200k of the 250k, are within a 20 min drive. They are able to make big purchases due to the fact they are using a vehicle to transport the goods back home.

The Target in downtown STL is a different dynamic. The daytime population in DT STL is 80k and there are 10k residents. Still less than half of the amount that reside in the Metro East. Combine population with the fact the avg purchase amount would be much lower per person, since most people will be on foot or bike. People in a downtown setting prefer not to drive to obtain goods and services when they can walk.

So basically if DT were to support a Target, we would need a daytime and resident population of about 250k. We need to focus on increasing the employment, resident, and visitor population density and then all these amenities will follow. Not vice versa.

11K
Life MemberLife Member
11K

PostJan 24, 2013#78

downtown2007 wrote:So basically if DT were to support a Target, we would need a daytime and resident population of about 250k. We need to focus on increasing the employment, resident, and visitor population density and then all these amenities will follow. Not vice versa.
I don't get this. I grew up in a small town and every surrounding town of 15,000+ residents had a Target. How is that possible? Sure, rent it cheap in a cornfield and everyone in town shops there, but still... I think Target doesn't care because as stated above, downtown residents simply drive to an existing Target. If they felt they were missing out on sales, then they'd open a store.

5,721
Life MemberLife Member
5,721

PostJan 25, 2013#79

^ I have a tough time seeing a Target downtown as it simply doesn't have the foot traffic as you see in Manhatten, Chicago and so forth. Maybe Walgreens, but Target is a whole different level. I think it is hopeful that Macy's is still making it a go downtown even after it downsized. My fear was that Macy's was downsizing only to announce in short order that downsizing didn't work and close entirely.

As far as Target itself, I think it is a matter of time before the old Federal Mogul site development goes back in play as a Target location for an increaing demographic that the city is seeing for its central corridor, a gain that allows a new Target Store to be built without significant impact on either the Hampton Ave or Brentwood Store. In addition, Old Federal Mogul location and footprint would be favorable to the Targe store format that has underground parking as you see at its Hampton Ave location. To me, that would be a far better choice then seeing McKee trying to put up a superwalmart near the New Mississippi River Bridge

I think the Target has found a an urban niche by offering underground parking with its stores. It is definitely nice on a cold rainy or snowy day to be able to park under the store.

1,320
Veteran MemberVeteran Member
1,320

PostJan 25, 2013#80

^Yes. Federal Mogul site is most likely. Perhaps with a Trader Joe's next door. No insider knowledge on this one. It just makes sense because of North and South Grand, 40/64, Forest Park Ave, Downtown, Central West End and SLU.

4,553
Life MemberLife Member
4,553

PostJan 25, 2013#81

If it works in Cincy, I can't see how it wouldn't work in St. Louis.


296
Full MemberFull Member
296

PostJan 25, 2013#82

How is there not a CVS AND a Walgreens next to the Metro/Greyhound/Amtrak transport hub? Maybe in the new building coming to 14 & Clark?

Read more posts (-18 remaining)