Suburban Retailers Say Hello To Downtown

Home Depot finds a welcoming market in Manhattan.
November 24, 2004, 8am PST | Abhijeet Chavan | @legalaidtech
Share Tweet LinkedIn Email Comments

What really makes Home Depot’s Manhattan arrival eye-catching is not simply the company’s attention-getting opening in September. It’s also that Home Depot is making a very big statement about the vitality of urban downtowns as new markets for suburban-based developers. Instead of Macy’s and Hudsons and other historic urban retailers moving out, it’s Home Depot and Wal-Mart and Kmart moving in. Finally, when it comes to the super store wars, the city appears to be gaining.

Thanks to Keith Schneider

Full Story:
Published on Tuesday, November 23, 2004 in Michigan Land Use Institute


Share Tweet LinkedIn Email