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  • Ping pong club rounds out leasing at Philadelphia center

    Spin, an entertainment concept that had its genesis in “Naked Ping Pong” parties in New York’s Tribeca neighborhood, has taken the ground floor space to close out leasing at a new retail venue in Philadelphia.   The glass-fronted, 55,000-sq.-ft. center in Rittenhouse Square, owned by an affiliate of Midwood Investment & Development, is co-anchored by The Cheesecake Factory and Verizon. Also inhabiting the three-story building is &Pizza and WeWork, a collaborative work space.  

  • Starbucks among brands on cutting edge of AI in retail

    Coming soon to Starbucks: virtual baristas.   The coffee giant plans to add a Siri-like virtual assistant to its mobile app that will allow users to place an order by talking to a virtual barista that will then send the order to a store nearby user where it will be made by an employee.  

  • In San Antonio, adaptive re-use continues brewing

    Early in the 20th Century, the Pearl Brewery in San Antonio was the largest in Texas, and it continued to be a renowned site in the city until brewing operations were shut down in the 1980s. It remained vacant until Rio Perla purchased it in 2001 and set about transforming it into the Pearl Brewery/Full Goods Warehouse, a 26-acre mix of residences, retail, offices, and gathering places.   

  • Downtown Detroit mixed-use property opens

    The comeback of downtown Detroit, led by the expansive District Detroit project under construction, was advanced this week with the opening of The Scott at Brush Park. The upscale, mixed-use development of Broder & Sachse Real Estate and Sachse Construction is located about eight blocks north of District Detroit on Woodward Avenue.   

  • Shake Shack app goes national

    The ordering app that Shake Shack has been testing in key urban markets like New York, Chicago, and Los Angeles is now rolling out nationally.   Users pick their food items and extras on the app, pre-pay, designate a pick-up time from a selection of 15-minute increments, then retrieve their orders at a pick-up window. A list of past transactions allows them to re-order favorites.  

  • Michigan town seeks developer for $350 million mixed-use project

    Officials from the city of Troy, Michigan, made the rounds of the New York Deal Making show looking for a partner to help them erect a proposed $350 million town center.  

  • Big new entertainment attraction headed to nation’s largest mall

    Mall of America is upping its entertainment quotient with a 40,000-sq.-ft. arcade imported from India.   Called Smaaash, and co-founded by an entrepreneur from India, the attraction includes a multilevel go-cart track, virtual reality and video games and a restaurant and bar, the Star Tribune reported.  

  • Good vibes, but serious concerns, emerge from New York show

    The good vibes, as well as the negative rumblings, that percolate through big events are an annual check on the pulse of an industry. In the case of retail real estate, I am happy to report that the positives seemed to outweigh the negatives at ICSC’s Deal Making show in New York last week.   Let’s start with the good stuff.  
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