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Thursday, March 19, 2009

Video and photo gallery: Park Lane development across from Northpark

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The new urban neighborhood at Park Lane

Michelle Davis with Harvest Partners talks about the new urban neighborhood at Park Lane and Central.

As noted, Nordstrom Rack celebrated their grand opening today (Thursday, March 19) with free tote bags and a $1,000 grand prize "race through the rack" event. On Wednesday, March 18, cameraman Mike Bullock and I got an insider tour of both the retail complex (referred to as simply "Park Lane") and the adjoining high-rise residences, known as "The Heights at Park Lane."

Joining us on our tour were several delightful young women from the Advocate magazines (all five of 'em), and an equally pleasant lady named Connie who currently writes freelance for various realty journals.

As you can see from the photos, there was still a lot of work going on around the 33.5 acre, mixed-use development, located just across Central Expressway (Hwy. 75) from Northpark. In addition to the Nordstrom store opening, the gigantic Dick's Sporting Goods store (72,000 sq. ft.) will open with fanfare on April 3 - though, FYI, they've already had a "soft opening," so you can actually go in and shop there already - deck yourself out with some hip waders and a fly rod, maybe. Lane Bryant/Cacique will also open April 3, and The Children's Place props open its doors on April 24.

One really nifty thing the developers did when prepping the grounds was to transplant as many of the large existing trees as they could; those same trees have now been sited around the property, giving it a more seasoned look than it might othwerwise have.

Lowdown on the residential properties: they are all for lease/rent only at present, though there is a provision for converting to sales if conditions warrant. Harvest Partners rep (and charming tourguide) Michelle Davis told us that the units are already 30% leased (they've been leasing since last October).

The residential units are divided into three sections: The Lofts, a four-story structure housing 45 units ranging from 764 to 1,164 sq. ft. (and renting for about $1.48/sq. ft., according to Michelle); The Flats, 15 stories housing 218 apartments from 677 to 1,872 sq. ft. in size (and the rent's gone up, folks - one of the units we toured here ran $4,800/month); and the 20-story Tower, where 62 - um - "exclusive" residences range from 1,076 to 3,800 sq. ft., with the top two floors dedicated to four penthouses.

Three of the four penthouses are already leased, folks, so hurry on down to the leasing office if you've got in the neighborhood of $10,500/month to spend on rent.

What can I say, except that this is shaping up as one classy joint?


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Comments

Chris Kidd Verified

Gordon Biersch is an ok joint to look forward to, im more looking forward to Splitsville and Whole Foods opening up this fall

7 months, 3 weeks ago ( Link to this comment | Suggest removal )

Travis Bush Verified

Looks like more West Village douchery....

7 months, 3 weeks ago ( Link to this comment | Suggest removal )

xdavidwattsx Anonymous

I've heard very mixed reviews on GB brewery. Let's hope it's better.

7 months, 3 weeks ago ( Link to this comment | Suggest removal )

John Meyer Staff

I'll let you know, xdavid - as soon as possible.

7 months, 3 weeks ago ( Link to this comment | Suggest removal )

James Scott Verified

So at first, I thought the same thing Travis - and I'm sure there will be plenty of that to go around - but this place seems to be a little more in-tune to those that aren't going out in their leased BMWs they can't afford and buy clothes they can't afford and sip margs on the patio laughing at the 'little people' that walk by (not to say I haven't done some of that before - at least the sitting on the patio part).

Hopefully the fact that there's an Old Navy (God forbid!) and a Nordstrom Rack will keep the douchies away and provide a nice clean new place for everyone else.

Chris - I've heard the same thing about Gordon Biersch, guess we'll see.

7 months, 3 weeks ago ( Link to this comment | Suggest removal )

Travis Bush Verified

James, you're probably right and yes about the brewery...can never have too many of those!

7 months, 3 weeks ago ( Link to this comment | Suggest removal )

nina_chawla Anonymous

I went to the Rack on my lunch break today. This place is def more family friendly than anything like the West Village. Lots of parking available and so many practical stores to come. A little too practical if you ask me... Dick's, Children's World. (gag) Where is the H&M i've been waiting for!!!!!!!

7 months, 3 weeks ago ( Link to this comment | Suggest removal )

James Scott Verified

I've heard the H&M rumor quite a bit too Nina, and I'm right there with ya. Maybe that will be the replacement for Circuit City?...lol.

As uncomfortable as the name is, I am looking forward to the new Dick's sporting goods, as it has become one of my favorites in the last couple months.

Children's Place? I have no idea what that is, nor do I ever hope to understand.

7 months, 3 weeks ago ( Link to this comment | Suggest removal )

Howard Wen Verified

So they're asking $1100 per month to rent a space to live in what is, essentially, an outlet mall?

7 months, 3 weeks ago ( Link to this comment | Suggest removal )

DC Anonymous

You can count on that GB to be about as appealing as the nations' ESPN Zones

7 months, 3 weeks ago ( Link to this comment | Suggest removal )

Chris Kidd Verified

Biersch isnt a bad place, its a chain with decent garic fries. Im more excited about Splitsville going in, as I like to bowl and drink, usually at the same time ;)

7 months, 3 weeks ago ( Link to this comment | Suggest removal )

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