News & Discussion: CBD Retail

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arki
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Re: News & Discussion: CBD Retail

#3271 Post by arki » Wed Jan 08, 2020 12:26 am

Apparently there has been a wait list of retailers looking to move into Rundle Place for quite some time now. I am not sure who they are, but I don't think it will be long before the void is either filled or the centre is reconfigured to allow for a mini-major to move in.

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Re: News & Discussion: CBD Retail

#3272 Post by Brucetiki » Wed Jan 08, 2020 11:46 am

ml69 wrote:
Tue Jan 07, 2020 12:52 pm
Brucetiki wrote:
Tue Jan 07, 2020 10:59 am
The Harris Scarfe space would be perfect for Uni Qlo. Whether they take up 1 or 2 floors though - I think 1 floor would be sufficent for them in comparison to their other stores.
Would any major chain be game enough to take up space on the first floor in Rundle Mall anymore?
Uni Qlo have success with it with their Mid-City store in Sydney. If anyone can make it work in Rundle Mall it would be them.

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Re: News & Discussion: CBD Retail

#3273 Post by how good is he » Wed Jan 08, 2020 3:17 pm

Do you think think a Timezone would work here, say over one whole floor?

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Re: News & Discussion: CBD Retail

#3274 Post by gnrc_louis » Wed Jan 08, 2020 3:21 pm

how good is he wrote:
Wed Jan 08, 2020 3:17 pm
Do you think think a Timezone would work here, say over one whole floor?
No

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Re: News & Discussion: CBD Retail

#3275 Post by how good is he » Wed Jan 08, 2020 3:31 pm

Ha... was just thinking of their Surfers Paradise Timezone site in the mall [their n.1 site in Australia and yes I know .... we are not the GC].

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Re: News & Discussion: CBD Retail

#3276 Post by gnrc_louis » Wed Jan 08, 2020 3:36 pm

how good is he wrote:
Wed Jan 08, 2020 3:31 pm
Ha... was just thinking of their Surfers Paradise Timezone site in the mall [their n.1 site in Australia and yes I know .... we are not the GC].
I think it could work at a smaller city site, but not one so large and prominent - rent would be $$$.

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Re: News & Discussion: CBD Retail

#3277 Post by how good is he » Wed Jan 08, 2020 5:16 pm

I know ground floor rents in Rundle Mall are $1,500 + sqm but have heard from agents that tenancies on upper floors [esp. large areas] only pay around $400 sqm - $500 sqm - so maybe a third of ground floor. Interested to know if anyone knows what Harris Scarfes rent was per sqm in Rundle Place?

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Re: News & Discussion: CBD Retail

#3278 Post by Algernon » Wed Jan 08, 2020 5:18 pm

how good is he wrote:
Wed Jan 08, 2020 3:17 pm
Do you think think a Timezone would work here, say over one whole floor?
I was born in the 80s, so yes

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Re: News & Discussion: CBD Retail

#3279 Post by SBD » Wed Jan 08, 2020 8:43 pm

Algernon wrote:
Wed Jan 08, 2020 5:18 pm
how good is he wrote:
Wed Jan 08, 2020 3:17 pm
Do you think think a Timezone would work here, say over one whole floor?
I was born in the 80s, so yes
Reminds me of Downtown in Hindley Street.

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Re: News & Discussion: CBD Retail

#3280 Post by Algernon » Thu Jan 09, 2020 12:24 am

SBD wrote:
Wed Jan 08, 2020 8:43 pm
Algernon wrote:
Wed Jan 08, 2020 5:18 pm
how good is he wrote:
Wed Jan 08, 2020 3:17 pm
Do you think think a Timezone would work here, say over one whole floor?
I was born in the 80s, so yes
Reminds me of Downtown in Hindley Street.
Sunday mornings were for $10 lock-in at Timezone Meridian

Kids these days think a lock-in is a mobile phone contract

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Re: News & Discussion: CBD Retail

#3281 Post by pushbutton » Thu Jan 09, 2020 4:08 am

Shopping centres everywhere are looking to fill spaces left by retailers that are no longer trading.

Entertainment such as Timezone is one option to meet that need.

Timezone in Surfers Paradise has just been completely rebuilt. It includes much more than just video games!

I know Adelaide has had trouble in the past with fun attractions in the city centre, but I really do think it's time to give it another try, and being in such a central location, and only on level 1 (and maybe 2) as opposed to Dazzleland which was on levels 4 and 5, it really could work!

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Re: News & Discussion: CBD Retail

#3282 Post by Brucetiki » Thu Jan 09, 2020 8:57 am

Uni Qlo on level 1, and Timezone on level 2 could work

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Re: News & Discussion: CBD Retail

#3283 Post by Patrick_27 » Thu Jan 09, 2020 1:12 pm

As much as I'd like to see Uniqlo set up in Rundle Mall, this space won't be it. The reality is, this space will sit empty for six-months at the very minimum before centre management can find a tenant, then depending on who takes up the space, there will be at-least two to six months worth of reconfiguring to accommodate them. I know a lot of people are saying that Big W wouldn't be suitable for this space, but let's look at this practically rather than most people here just don't want to see it rather than from a snobbish perspective: Big W don't yet have an Adelaide CBD store (which means that Wesfarmers are dominating this tier of retail in the CBD; whilst they are a brand on decline and undergoing a restructure it’s a pretty well known fact that Big W's CBD stores are their best performing (QV in Melbourne is, I believe, their best performing in the country); from a centre management point of view, this will be a quick fix for filling the space, rather than it sit dormant. And because the footprint is so large, I wouldn’t be surprised if they use only one level and lease the second level off for offices. We can sit here ruminating over the what ifs of Uniqlo and Timezone but let’s be real here, neither are in contention for this.

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Re: News & Discussion: CBD Retail

#3284 Post by SRW » Thu Jan 09, 2020 1:18 pm

EB Games is closing four stores in Adelaide, including the one in City Cross. It’s a shame the centre’s owners didn’t reconfigure the mall front stores for a mini major with direct access to level one, as it’s yet another example of Adelaideans not shopping up. It'll be interesting to see who plugs the gap on the other side too with Bardot also closing down.
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Re: News & Discussion: CBD Retail

#3285 Post by crawf » Thu Jan 09, 2020 5:12 pm

SRW wrote:
Thu Jan 09, 2020 1:18 pm
EB Games is closing four stores in Adelaide, including the one in City Cross. It’s a shame the centre’s owners didn’t reconfigure the mall front stores for a mini major with direct access to level one, as it’s yet another example of Adelaideans not shopping up. It'll be interesting to see who plugs the gap on the other side too with Bardot also closing down.
I'm surprised it's stayed open for this long, considering there is already a (much larger) EB Games across the mall in Rundle Mall Plaza. All up 19 stores are closing nation wide.

Even more surprised that there is still two Rebel Sports in the city - City Cross and Myer Centre.

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