Quote:
Originally Posted by dkealoha
How is Safeway a failure?
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From what I've been told, the store isn't doing well. It's far underperforming based on the original expectations. Again, that's just what I've been told, but it's not surprising at all if you think about where the store is and what's around it. More people probably live closer to Whole Foods than the new Safeway, which explains why Whole Foods is always packed and the new Safeway isn't.
Back in 2004, there was so much talk about the Pearl expanding north until it hit the river and the new Safeway would end up in the middle of it all. Clearly, that didn't happen and we all know why. Go to the Sitka and look north. Yikes. Of course, this is probably just a temporary situation. I'm sure the Pearl will eventually fill in, fill up and roll north. Until then, we have the unsold Encore as an overbuilding boogeyman. How's the Waterfront Pearl selling? And what about all of the unbuilt projects?
The north end of the Pearl will eventually happen. Opportunities there are huge and Portland's population is going to continue to rise in a big way. The north end of the Pearl will happen, but it won't happen soon. I fear that if a market is built at Centennial Mills before the north end of the Pearl is ready for it, the market will be a failure, and that's bad for anyone who really wants to see that part of town thrive.
I'm not against a new market at all. I'm just against its failure due to poor planning. A new market at Centennial Mills before the rest of that area is ready? To me, that's poor planning.
Also, the last thing I want to see over there is a frigging sea of blacktop parking lots for all of the tourists and everyone else it'll require for this market to be a success.