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Alibi-5699
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 Posted: Sun, Feb 16 2020, 1:54 pm EST Post subject: Gateway Retail |
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| I've heard from many people that P.J.'s Pancake House may be opening a location in the Gateway retail space on Old Trenton Road. is there any further word about other shops planning to set up business there? |
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also curious-4982
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| Posted: Mon, Feb 17 2020, 8:38 am EST Post subject: Re: Gateway Retail |
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great question. progress seems fast at that parcel for housing, not so fast on the commerical component and thus commercial ratables.
for PJs, any verifiable source for their opening at that spot? any announcement from PJs? so far, only rumors that i have heard.
thanks!! |
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anon-5699
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| Posted: Mon, Feb 17 2020, 10:08 am EST Post subject: Re: Gateway Retail |
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Progress seems fast at that parcel for housing, not so fast on the commerical component and thus commercial ratables. for PJs, any verifiable source for their opening at that spot? Any announcement from PJs? So far, only rumors that i have heard. Thanks!
Response from PJ's management. "Hi Alan! The rumors are true. Sometime late summer! See you then!" |
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also curious-4982
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| Posted: Mon, Feb 17 2020, 2:24 pm EST Post subject: Re: Gateway Retail |
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thanks for above info.
guess i was hoping to see PJ's formally announce it, or the Landlord or town to do that.
certainly welcome them opening for sure!! |
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anon-7666
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| Posted: Mon, Feb 17 2020, 3:40 pm EST Post subject: Re: Gateway Retail |
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| May still happen. Right now there isn’t even a building. |
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alonso-5699
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| Posted: Fri, Feb 21 2020, 11:04 am EST Post subject: Re: Gateway Retail |
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| There may not be any structures, but there certainly are visible signs of foundations being laid down. Don't you think that laying down a foundation suggests that individual store plans have already been approved? After all, I would think each individual shop would have their own specific floor space instead of working off "cookie cutter" sized foundations. I'm just sayin'. Any thoughts and/or comments? |
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Curious-6n56
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| Posted: Fri, Feb 21 2020, 11:45 am EST Post subject: Re: Gateway Retail |
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| Is there an ordinance that would keep a Tattoo shop from opening in the Gateway? |
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anon-3064
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| Posted: Fri, Feb 21 2020, 12:09 pm EST Post subject: Re: Gateway Retail |
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| alonso-5699 wrote: | | There may not be any structures, but there certainly are visible signs of foundations being laid down. Don't you think that laying down a foundation suggests that individual store plans have already been approved? After all, I would think each individual shop would have their own specific floor space instead of working off "cookie cutter" sized foundations. I'm just sayin'. Any thoughts and/or comments? |
From a landlord perspective. The sq footage is already set in the builder’s application for this property. You can go into town hall and see what each space has available. The interior is simply building permits. If the landlord announces a tenant and they pull out then it looks bad— why did they pull out, what happened, etc.... If the business announces in a big way then they lose the energy and excitement while people wait 6 months or more. In this case likely 10 months based on the post above.
So when just footings there isn’t really any benefit to announcing so early. |
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anvil-5699
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| Posted: Sun, Feb 23 2020, 8:05 am EST Post subject: Re: Gateway Retail |
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| anon-3064 wrote: | | alonso-5699 wrote: | | There may not be any structures, but there certainly are visible signs of foundations being laid down. Don't you think that laying down a foundation suggests that individual store plans have already been approved? After all, I would think each individual shop would have their own specific floor space instead of working off "cookie cutter" sized foundations. I'm just sayin'. Any thoughts and/or comments? |
From a landlord perspective. The sq footage is already set in the builder’s application for this property. You can go into town hall and see what each space has available. The interior is simply building permits. If the landlord announces a tenant and they pull out then it looks bad— why did they pull out, what happened, etc.... If the business announces in a big way then they lose the energy and excitement while people wait 6 months or more. In this case likely 10 months based on the post above.
So when just footings there isn’t really any benefit to announcing so early. |
Who is the landlord for the Gateway retail space? |
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anon-7666
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| Posted: Sun, Feb 23 2020, 9:09 am EST Post subject: Re: Gateway Retail |
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| It’s changed hands a few times. |
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anon-7ns6
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| Posted: Sun, Feb 23 2020, 8:40 pm EST Post subject: Re: Gateway Retail |
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| alonso-5699 wrote: | | There may not be any structures, but there certainly are visible signs of foundations being laid down. Don't you think that laying down a foundation suggests that individual store plans have already been approved? After all, I would think each individual shop would have their own specific floor space instead of working off "cookie cutter" sized foundations. I'm just sayin'. Any thoughts and/or comments? |
The exact footprint was established years ago when they got approval of the plans. That's typically how these commercial strips work, not build-to-suit. It's possible for the developer can go back and request approval of changes later when they have a specific tenant but I wouldn't assume them pouring foundations means they have their tenants. I'm pretty sure there are performance bonds and other financial incentives that will require them to complete the commercial space whether they have tenants or not. Normally commercial buildings can go up much faster than housing so I wouldn't be surprised by a summer projection. But in this case there's affordable housing apartments over the businesses so I seriously doubt they will be ready by summer if they aren't even framing yet. |
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