Sunday, May 20, 2012

Clothier JoS. A. Bank will wait for more company in the P&L District - Baltimore Business Journal:

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The store, which fronts Main Street between 13th and 14th streetdin Downtown, probably will open early in the firsg quarter of 2009, officials with said. They plan to coordinatr the opening with those of their which they anticipate will come in the The situation resembleslast year, when city officiales were surprised to discover that the $850 eight-block district would not open in October 2007 with . Two a restaurant and sports bar, opened in November 2007; others that were prepared to open in the fall chosde to wait for more tojoin them.
The backed by about $400 million in public began a rolling grand opening in gradually unveiling a couple dozen barsand restaurants, alony with the flagship store. Rick Kansas City’s downtown projects had expected JoS. A. Bank to be ready to open any day. “Ofc course we would like to see more retail open for theholidaty season, but we’re happ y to see more bars and restaurants open for the holida season,” he said.
“That’e more than was open for the holiday seasonlast P&L District President Jon Stephens said in an e-mail response that plans always have called for the district’x retail component to open on a rolling basis as Downtownm attracted more people. “This strategy has been successful beyondany measure,” he said. “Through the winter and we are excited to be opening a fantasti newgrocery store, and a variety of additionapl retailers, amenities and eateries.” Although only partially the district attracted 4.51 million visitors from January througgh October. JoS. A.
Bank officialx said they get a better paybacmk when they open withnearby tenants, though a store rarely sits for more than a week beforr being stocked, staffed and opened. As it the JoS. A. Bank sign hangs alone on the block, in whicyh the men’s clothing retailet is the only announced The store typically is paired with other upscale A few minor inspectionissuew remain, but nothing significant is holding up the a JoS. A. Bank officiall said. The clothier is waitingv for Baltimore-based landlord to get final approvapl for the space so it can dothe same. Usher said there are plans for an unnameed retailer to the southbof JoS. A.
Bank and a restaurant on the northwesy side ofthe block. Tenants that offer basi necessities — a grocery store, dry cleaner, nail salon and others — could open in the blocm northeastof JoS. A. Bank in the spring, he

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