COMMENT OF THE DAY: BOOKSTOP FULL STOP “A few comments from a reliable source who actually knows a few things about River Oaks SC and Alabama Theater. 1. Barnes and Noble owns Bookstop. They are closing it to move to the new location at ROSC. 2. Weingarten has no intent of demolishing the Alabama Theater. They have been marketing the space for re-use. They intend to restore the facade when a new tenant signs on. 3. The new portion of ROSC was designed by Altoon + Porter (of the Fashion Show flying saucer mall in Vegas fame) out of Los Angeles. Weingarten did not want the usual EIFS crap that the Houston architects do. 4. Weingarten’s long term interest in ROSC is to achieve the highest and best use for this property. They want to bring a higher density to the center that they feel is appropriate for its location. 5. Before the crash last fall they were working on a plan to improve the walk-a-bility of the ROSC through landscaping and art. I believe the project is on hold right now. Its interesting how everyone is in favor of density (less driving and more walking) except when it affects something in your backyard. If you don’t like the scale of the building or the lack of protection of historic structures in the city, call the mayor and the planning department. Disclosure: I do not work for Weingarten and don’t always agree with their decisions, but thought that this info would be useful. Flame on everyone!” [mt, commenting on Coming Soon to the River Oaks Shopping Center]
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Retail
Armed with a camera, two enterprising Swamplot readers set out to document the retail carnage along South Shepherd, between 59 and the Shepherd Curve:
The sheer number of businesses that have disappeared along Shepherd in 4 months has been stupefying. This is with a large, new, empty Weingarten development at one end …and the chronically empty Shepherd Plaza at the other. Hell, we have gone from 4 Starbucks to 3!!
That’s a 25 percent reduction in mocha lattes alone. How about in some of the other sectors?
Granted, there have been some new businesses, a Hallmark store, a dance studio, and something seems to have filled the lingerie place at Welch and Shepherd, but the vacancy rate now stands at 22%!!! We counted 172 retail “units†and found 37 of them to be empty. As recently as February, I remember only about a dozen vacancies.
What are the sights?
Writing in the River Oaks Examiner, Cynthia Lescalleet has a few updates on the River Oaks Shopping Center. Here’s what Swamplot has pieced together:
- That well-trafficked space across the atrium from The Gap on the south side of West Gray will soon have a new tenant. Yes, this is the spot previously occupied by clothing retailer Harold Powell (whose parent company, Harold’s Stores, declared bankruptcy in November). Before that, it was occupied by M. King Interiors (which skipped out in the night a few years earlier, according to reports), before that Mesa Restaurant (ditto), and apparently way before that a restaurant called XIT. A new 6,200-sq.-ft. Mutual of Omaha Bank will be moving into the space soon.
- Meanwhile, across the street, Barnes & Noble will be opening in its brand hulking new building around October 1st.
What else?
A reader sends in a pic of the action at the renovated but long-suffering strip center at the southwest corner of Kirby and Richmond, which looked to be getting awfully lonely again after the departure of its lone tenant, Hue Vietnamese restaurant, in March.
But Hue is back as Kata Robata Sushi and Grill, and that white banner on the opposite leg indicates that the Dessert Gallery has moved in. Off camera, to the right, signs announce that the endcap is slated for a Texas Community Bank, but our reader reports seeing no sign of any money inside.
- Hue Gone Away [Swamplot]
Photo: Swamplot inbox
COMMENT OF THE DAY: DRUG STORE LOCATOR “The Young & Restless children’s consignment shop moved from the red wooden house to the blue metal warehouse, a year or two ago. A CVS won’t go in there because there is no Walgreen’s across the street. Must have a Walgreen’s in place in order to plant a CVS.” [Miz Brooke Smith, commenting on Daily Demolition Report: Larsten Space]
And now, yet another Montrose convenience-store fantasy.
- Sharad Patel’s Dance des Fanatiques de Bazarette [YouTube, via B.S. Houston Art Blog]
- The May Artist SPEAKeasy [Spacetaker]
- Best Convenience Store: Pak’s [Houston Press]
Video: Sharad Patel
What’s a struggling mall to do these days? How about turning off the air conditioning . . . and hosting a comic-book convention! Robert W. Boyd reports from the scene:
Despite a great location [on Highway 6 between Westheimer and Richmond] and not bad interior, West Oaks Mall is plagued with vacancies. And unlike malls like Memorial City Mall, West Oaks is not able to hide the gaps. . . .
West Oaks needed to occupy its empty stores (even if temporarily), or at least cover them up. And it needed to get people in the mall who could at least potentially patronize the remaining stores. So that’s where Comicpalooza came in.
Jerry and Wynonne Hart are scheduled to be sentenced today for “misapplication of fiduciary property” in the operation of their auction business at the Hart Galleries. In return for the couple’s guilty plea, prosecutors dropped charges of theft and money laundering.
11 News reporter Dave Fehling spoke to several former Hart Galleries customers:
The auction house thrived for years. The Harts enjoyed a sterling reputation among the rich and not so rich who all trusted the Harts to sell their valuables. But around 2003, something strange began happening . . .
. . . the Harts auctioned furniture and antiques for John Zielinski and his wife.
They were expecting to get $20,000.
“And I said, ‘where’s our money?’ And they said, ‘we’re having difficulty collecting some of the checks,’†said Zielinski.
The next thing Harts’ customers learned was that the couple was bankrupt.
Ritz Camera, which filed for bankruptcy protection in February, will be closing more than 300 of its Ritz, Wolf Camera, and Kits Camera stores nationwide, the company announced late last week. Not surprisingly, the Wolf Camera in Sage Plaza at 5161 San Felipe — less than a quarter-mile from the Wolf Camera on S. Post Oak in the Galleria — is one of the victims. Also closing: Ritz Camera stores in the Katy Mills Mall, at 5706 Highway 6 in Missouri City, and in the Royal Oaks Shopping Center at 11691 Westheimer.
Ritz is also shutting down its entire 130-store Boater’s World chain, including the 6,000-foot location in Webster. Its Galveston store never reopened after Hurricane Ike.
- Ritz Camera closing 4 Houston-area stores [Houston Business Journal]
- Boater’s World sinks into bankruptcy [Galveston Daily News]
- Ritz Camera to Close More than 300 Stores Nationwide; Store Closing Sales Scheduled to Begin April 4 [Business Wire]
- Wolf Sheepish About Closings [Swamplot]
Photo of Wolf Camera in Baybrook Square, Webster (where the lights are staying on): David Stall
AND WHAT ABOUT THE RIVER OAKS SHOPPING CENTER? His company’s stock down more than 70 percent since last year and the 2009 calendar wiped clean of all new development projects, Weingarten Realty president and CEO Drew Alexander tells analysts and investors the REIT is gonna survive. “The key to the survival? An increase in cash on the balance sheet and a continued ‘focus on tenants that sell basic goods and services,’ Alexander commented. Those tenants include grocery stores, dry cleaners, quick-serve restaurants and value chains such as Ross, Marshall’s and TJ Maxx.” [Globe St.]
WASHINGTON AVE SPEC’S: TOO CLOSE FOR SOUTHERN COMFORT The Harris County Attorney’s office filed suit last week, demanding the Spec’s Beer and Wine store at 6100 Washington Ave. — near the Westcott roundabout — be shut down. The new store is within 1000 ft. of a school. How’d it get there? “In December 2007 [Spec’s owner John Rydman] sent a letter explaining his intent to the school — Memorial Elementary — and put in an application with the city. To his surprise, the city said yes. He said he assumed that since the proposed store was a couple of blocks away, across a major intersection and not even visible from school property, the city had granted him an exception to the rule. He said he double-checked to make sure there were no problems and was assured that neither the city nor the school district opposed the prospective store. About $400,000 later, and on the hook for a lease totaling $2.4 million more, Rydman now finds himself at odds with the state, which wants to yank his license. The law is the law, says the Texas Alcoholic Beverage Commission, and since a formal variance was not given by the city, Spec’s is violating it.” [Houston Chronicle]
An update on recent comings and goings:
- Now Open: “A small group of cocktail freaks,” including former Beavers bartender Bobby Heugel, have at last opened the doors of Anvil Bar & Refuge on the Westheimer Curve. The location was originally a Bridgestone-Firestone tire shop, but was known more recently as the home of the Daiquiri Factory and Sliders.
- Closed: In advance of that new 25,000-sq.-ft. Spec’s opening up in the former Linens ’N Things in Weslayan Plaza, owner Christopher Massie decided to shut down Cepage Noir, his considerably smaller wine shop on Times Blvd. in the Rice Village.
More twists and turns:
TAKING A BITE OUT OF WHOLE FOODS That new Whole Foods Market coming to Post Oak Blvd. in the Galleria may not end up being quite the giant originally envisioned, says Nancy Sarnoff: “Developer Ed Wulfe, who’s building the BLVD Place mixed-use project where the Whole Foods will go, recently said the parties are working on amending the lease to reduce the size of the store, originally planned for 80,000 square feet. Put in context, the Kirby Whole Foods is about 40,000 square feet and Central Market is about 75,000 square feet. An 80,000-square-foot store would have been on par with the company’s flagship market in Austin, where customers can eat at mini-restaurants, chose from hundreds of varieties of beer, cheeses and a seafood counter that smokes, slices and fries to order. In a related move, Whole Foods recently announced that it was keeping its store on Woodway and Voss open. The plan was to close it when the Post Oak store opened. [Houston Chronicle; previously in Swamplot]
The River Oaks Examiner‘s Cynthia Lescalleet says her recent tour of West Ave at the corner of Kirby and Westheimer “felt a bit like a campus visit for a really, really, ritzy college.” But wait, there’s more:
Rising seven-stories, West Ave. is hard to miss. The project by Gables Urban is massive and ambitious, and that’s only the first phase. The two-acre lot behind it, now used as a construction staging area, will be Phase II. Some day. It may spend the interim as overflow parking.
Further details about that Upper Kirby campus:
COMMENT OF THE DAY: WHITE OAK DECO STRIP “Per HAIF, the tower rendering on this sign has been replaced by a rendering of a renovated version of the current retail center.” [ArlingtonSt, commenting on White Oak Tower: It Was All Just a Bad Drawing]