eyehrtfood

Not sure if Pinecrest's RH is technically part of the "Pinecrest" development or just using the name "Pinecrest" for locational awareness - and that could play into walkway or not.

A new Pinecrest leasing map and site plan was just published this past week at this link: https://shopcompanies.com/properties/pdf/pinecrest?f=site_plan Among those apprently joining the development - based on this map and/or confirmation from retailers' websites: Allen Edmonds (currently at Eton), womens' clothing stores Aerie and Offline (first in the area?) - both from American Eagle - and Heartwood Coffee Roasters, the gourmet coffee store now in Chagrin Falls and Hudson. The Last Page restaurant' s "The Last Bar" is still listed as coming - as well as the Chicago based Lao Sze Chaun restaurant. The above mentioned Fidelity Investments building - and a new 4 tenant building near the main traffic circle are also visible on the linked map. Adjacent to Pinecrest, construction on the the RH / Restoration Hardware 3 story, 45,000 sf mansion / restaurant / store appears to have topped out - and would seem to be on track for a 2nd half 2023 opening.

If adding LCK to CMH then must add CAK to CLE, no?

Interesting that while "Mimi" Ohio and "Connor" Palace.... and "Outcalt" and "The Helen" are on the marquees, all due to donors' naming rights - the currently-named "KeyBank" State Theater just shows as "State" on that marquee... perhaps not long-term enough to set in stone.

I hope it stays. But Saks is not only no longer using interior mall spaces adjacent to its mall entrances for areas it outgrew in thr main store (used to house kids, intimates, trend clothing, at times) but at last check had also closed off some spaces upstairs in its main store - former fur gallery etc. But, if this makes it more $$$ feasible, so be it.

I agree "all of the above" too. As for sit down restaurants, I think the decline depends on what kind of restaurant and where you are. Many that I frequent have never been busier - while others obviously have suffered. But the Covid/post-Cov8lid focus on takeout, drive through, and pickup is clear - and not something I personally embrace, but know many do.

Wow, the sit-down restaurant component (North High Brewing) of this co-working company's Beachwood Place space - the largest in their growing network - has already closed, just 7 months in. More bad news for a clearly challenged mall. CoHatch, also, has been heavily advertising their co-working space on more traditional office leasing sites - up to 15,000 sf - seemingly shifting strategy to larger companies vs independent users. I keep fearing that Saks and/or Nordstrom is next to go. Whether Beachwood Place/malls/upscale retail is your thing or not, metros the size of Cleveland have these stores... Not having them places us further behind in keeping or attracting those that do value these offerings - a highly desirable demographic. Here's the original CoHatch story from March: https://www.clevelandjewishnews.com/news/local_news/cohatch-opens-coworking-space-at-beachwood-place/article_f703c85e-a3ab-11ec-89a9-8f3da42489a1.html

We're booked and going now due to non-stop flight - a few bonus days in Dublin, then already planned Italy itinerary, then back DUB-CLE. Fare so fair I paid to fly Aer Lingus vs free flights on United.

Already on Aer Lingus site reviewing options... Round-trip for June dates I was already considering to Europe are running as low as $750-$850 (depending on seats, checked bags) CLE-Dublin vs $2,300 on United.. - with cheap flights to onward final destination (Rome) - and an unxpected but welcomed Dublin layover now planned. I was resigned to using miles and may now just pay based on direct flight and these fares.

Pinecrest: the former Slyman's/Red Robin on the perimeter of Pinecrest has now been demolished and work on the huge new $20MM Restoration Hardware / RH Gallery showroom and restaurant - nearly 50,000 sf - is beginning. More here from past article: https://www.clevelandjewishnews.com/news/local_news/rh-showroom-proposed-for-chagrin-highlands/article_efb1fd22-93ee-11ec-b4c1-bf5c06b969e2.html

At brunch at Kitchen Social right now. 75 min wait 30 mins after opening. Great place (grabbed a seat at the bar...).. Food has been great on our 4- 5 visits and at almost give-away pricing for such delicious and quality dishes. The Moroccan spiced eggplant meatballs are one of the best dishes in town. Any town. Server just said, "there's a line out the door at opening every day" - to get opening, non-reservations tables. Note: in person or via phone reservations only. How un-2022.

Litt always does that... Steven Litt's "Cleveland" in the article = a smallish 360,000 people in city limits, which suits his narrative... (he also understates London's metro population by half or more...) Playhouse Square's "Cleveland" = 3,600,000 people in NEO (still the #17 CMSA in the 2020 Census despite all you read about shrinking population... often from Litt.)

Competitively, CLE needs to be updated in 5 years, not 15-20 years. Cities like Kansas City will go from approval to totally new $1B-$2B airport facilities within about 5 years. Columbus is doing the same. Pittsburgh again reworking their 80s airport into something new. None of these are spread over 15-20 years.

Bank

This is confirmed NOT to be a Michael Symon restaurant - but actually from his business partner in Mabel's, etc... Doug Petkovic. Interesting...

Covid killed Fleming's (originally-named... but later raised in price) fantastic "5 for $6 til 7" happy hour. No more happy hour at Fleming's - though a limited bar- only menu of burgers, sandwiches. The Akron/Fairlawn location (we go about once a month to the bar) - seems to thrive, though. Less competition.

I've been watching the same daily demo activity as I pass Eton on my commute each recent morning. A steakhouse was announced for this space, via social media and door signage, last Fall... interestingly, Michael Symon's restaurant partner, Doug Petkovic, was the one who filed for the business name "DC Steak Eton" last August (DC = Derek Clayton, Symon's corporate chef?) - so my bet is on a Michael Symon restaurant - but TBD. (A Symon Steakhouse was on the original leasing plan for nearby Pinecrest...)

I used the most recent (Southwest) flight to Milwaukee 1-2x monthly for several years to my company's Wisconsin HQ - but remember it being the lowest/among the lowest % of seats filled of any CLE flight each month (though operated on a mainline 737 vs prior United, etc... regional jets). I would use at the same frequency again - CLE-MKE very much needed. I now fly to Chicago and add 1+ hours of drove time.

This Simple Flying article mentions that Cleveland, St Louis, and a few other cities are right behind just announced Tampa in the size of unserved London/Heathrow non-stop demand. Heathrow's Largest Unserved US Market: Virgin Atlantic Reveals Tampa Flights https://simpleflying.com/virgin-announces-heathrow-tampa/?utm_term=Autofeed&utm_medium=Social&utm_content=echo&utm_source=Facebook#Echobox=1657103982

Don't forget this existing downtown outlet mall proposal for Muni Lot... (likely dormant, last discussed in 2020.... but... the concept as a draw in a downtown works...) The Outlet Shoppes at Cleveland: https://images1.loopnet.com/d2/7ue1H19-R-t6t4gqzTh4vaaugMbwzB8wK7Aw43miMM8/document.pdf

My company's local (Mayfield) and corporate offices (Green Bay, WI) never closed during the pandemic and remote work for employees in cities where we have offices is not an option, per our Fortune 500 trained CEO and the preference of many of us who grew up in that office environment (though I know we will lose some employees and some potential job candidates as a result... and should review that policy for competitive reasons, if anything...) I am actually looking to expand our physical Cleveland-area office from 3 people to 12-15 people, ASAP. Offices are not going away for my company (retail and eCommerce product distribution and direct-to-consumer fulfillment) - though probably 50%+ of our retail buyers are still working remotely, 2 years later...

Always good PR and great for business to have to do something like this... but just the continuing evolution of the east side. Pinecrest is limiting under-18s (though must admit even my daughter who works at Pinecrest knew little about the later-in-evsning issues occurring... bit we all do now...) ORANGE VILLAGE, Ohio — Pinecrest is putting new restrictions on children 17 years old and younger, requiring they be accompanied by a parent or an adult 25 or older after 4 p.m. https://www.cleveland.com/metro/2022/05/pinecrest-in-orange-institutes-new-rules-for-children-17-and-under.html

Worse yet, PIT will have built.... operated for 30 years... and replaced their airport facilities completely before CLE builds...

They have a very aggressive airport director, among other things... SHE has been relentless in getting and keeping service.

First off, the pandemic changed the equation for malls and tenants and the old lease model isn't the only game in play - wirh many on revised lease plans for the last few years. . But, to clarify for Beachwood Place, I know that one or more stores that have also opened at Pinecrest or other locations, but have been encouraged to keep their Beachwood stores open, too, are using this % of sales model to not leave the mall. Those are the retailers I referenced above.