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Originally Posted by PHLtoNYC
Another one bites the dust... Apparently another tenant is in the works. Why can't the owners knock down this whole block and build a nice hotel and an apartment building?...
Marshalls to close Center City location, becoming latest retailer to leave East Market Street
https://www.bizjournals.com/philadel...Pos=3#cxrecs_s
The Marshalls at 1044 Market St. is closing, leaving another empty storefront along an increasingly vacant stretch in the heart of Market East.
The department store will shutter on January 14, according to a spokesperson for TJX, the chain's parent company. The nearby T.J. Maxx at 1130 Market St., also a part of TJX brands, will stay open.
Michael Hirschhorn, president of Jenel Real Estate, said the company is currently in talks for a new retail tenant for the space. He declined to identify the prospective tenant, but said a deal is "imminent" and could come in the next two to three weeks.
"It will be something that's very complementary to the downtown and that Philadelphians will be really excited about," Hirschhorn said. |
The hundreds of comments on the Facebook link to the article are nuts. People are making all kinds of apocalyptic assumptions as they always do. It’s amazing how so many people can clutch their pearls over a discount store closing. They all act like Market East used to be so glamorous and well kept 10 years ago lol…
I mean of course a decently run business closing is never good, but were they honestly expecting it to be there for 100 years or something? These store closing headlines can be pretty click baity and they keep feeding into an extremely negative narrative about the city. While the city does have challenges, every store closing shouldn’t send people into thinking things are catastrophic. I think local media needs to step it up and provide more context in their headlines. Is it only because of crime? Or does it also involve decreased foot traffic, economic factors etc?
We need these people to come into the city to help strengthen our recovery. A lot of them seem to think they’ll instantly be stabbed if they step foot into Center City. Kenney is obviously useless, but I’d like to see local media highlight more of the positives and perhaps provide clearer context in terms of the narrative they're creating.