It is will be located across the street from the Pacific Ocean and a couple of blocks away from the city’s popular retail and tourist intersection-Main Street and Pacific Coast Highway.- A.A. Maximum Exposure at Hollywood & Highland 3,000 PARKING SPACES In Hollywood’s Largest Parking Facility RAY DOLBY BALLROOM 30,000 SF LOEWS HOLLYWOOD HOTEL 628 Room Hotel & 7,000 SF Exhale Spa REVOLT TV NETWORK. The Strand will offer 110,000 square feet of retail and will include a Ruby’s Diner restaurant and a Forever 21 store. In other CIM news, Kreshek reported that the company’s Huntington Beach, Calif.–based hotel, office and retail complex, called The Strand, is scheduled to open in early 2008. The CIM principal said that it would be a hard goal to reach since the area is such a popular destination for visitors from around the world. ![]() Kreshek said one goal for his company would be to make 80 percent of retail traffic at the Hollywood & Highland area local. While tourism has bounced back in the past couple of years, CIM has increasingly sought out a local market for its tenants. The mall was built to service the more than 15 million tourists who visit the landmark Grauman’s Chinese Theatre, which is a Hollywood & Highland tenant. The cultivation of a local consumer has been an ongoing issue since the CIM Group purchased Hollywood & Highland from Trizec Properties Inc. So many shopping-center owners are developing a focus on attracting more local consumers. What was a 25-minute trip 10 years ago often takes 45 minutes to 90 minutes in the present day, many Los Angeles residents complain. The increasingly congested traffic of the metropolitan areas of Southern California has made a cross-town trip difficult. They are all tough drives from Hollywood,” he said. “Their only fashion alternative is going to Glendale, Pasadena and The Grove. The burgeoning population living in the Hollywood area, which includes many well-to-do young singles, has few shopping choices, according to Kreshek. I cannot be the only Angelino who has spent a sweltering Saturday afternoon ushering visiting relatives through the Hollywood and Highland Center, with its towering 'Intolerance'-inspired architecture and rather commonplace, overpriced shops. The two new stores will likely draw fashion and lifestyle consumers who live in the area rather than tourists. Today, Hollywood and Highland is synonymous with the frenetic, yet somehow lazy, tourist trap that is Hollywood Boulevard. The new retailers should attract a different crowd to the Hollywood & Highland neighborhood. The two high-profile fast-fashion retailers will move into a building that until late March was occupied by three T-shirt and gift shops, which catered to tourists, according to Jeff Kreshek, principal of the CIM Group. The 10,000-square-foot H&M is scheduled to open fall 2007. The developer had announced last year that H&M would open a store adjacent to the space that will be filled by Zara. It will be located across the street from the Hollywood & Highland shopping center, whose tenants include American Eagle, Louis Vuitton, BCBG Max Azria, Gap and Virgin Megastore. Zara is scheduled to debut in the summer of 2008. Now, fastfashion stalwarts Zara and H&M Hennes & Mauritz have set their sights on Hollywood.ĬIM Group, owners of the Hollywood & Highland shopping center, announced on April 19 that Spanish-based Zara will open a two-story 17,000-square-foot store at 6904 Hollywood Blvd. Usually they involve drinking heavily, but sometimes we get more creative.Fast-fashion chains have helped change the face of retail for many U.S. Socials are sporadic special events promoted by /r/LosAngeles. Content that would normally be removed for self-promotion is allowed within reason. Comments with proper formatting will appear in the Events Table. ![]() Posting about a meet-up or event? Use the stickied Meet-up and Events Thread. "What should I do?" (link broken here, too. Please visit the Rules Page for all rules & guidelines. Hit the "edit" link by your username in the sidebar above ⬆️️ to pick a neighborhood. WARNING: /r/LosAngeles contains rules and users known to the State of California to cause cancer.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |