First Philadelphia Apple store reportedly in the works
Apple has reportedly jumped on a sudden vacancy left by a fine dining restaurant in Philadelphia's historic Center City district by signing a lease for its first retail outlet in the nation's one-time capital.
MacNN cites a source connected to the planning of the project as saying the Mac maker has inked an agreement to take over the former Brasserie Perrier, an American brasserie owned by Georges Perrier that served up French cuisine at 1619 Walnut Street since 1997.
The retail market in the Center City area surrounding Walnut Street has prospered in recent years, as young professionals and empty nesters have increasingly chosen the district as their home. Fine dining restaurants have reportedly grown by 240% in the area since 1992 while gyms, furniture stores, and banks grew 19, 20 and 25 percent over the past year, respectively.
The area of Walnut Street west of Broad Street is also believed to fit Apple's desired aesthetic, housing quality brand retailers such as Brooks Brothers, Steve Madden, BCBG, Cole Haan, Kenneth Cole, Barney’s Co-Op and Armani Exchange.
Although MacNN is short on further details, it reported that Apple appears to have tapped Bohlin Cywinski Jackson to design the store, the same architecture firm responsible for other high-profile Apple shops in Tokyo, New York and London.
BCJ will have its challenges, according to ifoAppleStore, which notes that the 39,000 square-foot building at 1619 Walnut dates back to 1937 and*is listed on the National Register of Historic Buildings. That means that Apple will likely be tied to the structure's existing facade, which allows for windows on only the first of its three lower floors.
The site of 1619 Walnut Street in Philadelphia's Center City.
Up until January 2nd, the building housed the Brasserie Perrier on its ground floor and offices on its upper levels. But ifo, which also cited the location as a potential site for Philly's first Apple store back in 2006, said the booming retail activity in the area recently prompted the building's owner to negotiate a renewal buy-out option from the restaurant, which had been paying $19 per square-foot.
A cluster of retail developments have cropped up on Walnut west of Broad St.
Real estate records recently reflected availability for the ground, second and third levels, where the owner was looking to secure a new occupant willing to pay the new $57 per square-foot going rate for the area. The property sits just 10 blocks from the Independence Hall and Liberty Bell landmarks.
MacNN cites a source connected to the planning of the project as saying the Mac maker has inked an agreement to take over the former Brasserie Perrier, an American brasserie owned by Georges Perrier that served up French cuisine at 1619 Walnut Street since 1997.
The retail market in the Center City area surrounding Walnut Street has prospered in recent years, as young professionals and empty nesters have increasingly chosen the district as their home. Fine dining restaurants have reportedly grown by 240% in the area since 1992 while gyms, furniture stores, and banks grew 19, 20 and 25 percent over the past year, respectively.
The area of Walnut Street west of Broad Street is also believed to fit Apple's desired aesthetic, housing quality brand retailers such as Brooks Brothers, Steve Madden, BCBG, Cole Haan, Kenneth Cole, Barney’s Co-Op and Armani Exchange.
Although MacNN is short on further details, it reported that Apple appears to have tapped Bohlin Cywinski Jackson to design the store, the same architecture firm responsible for other high-profile Apple shops in Tokyo, New York and London.
BCJ will have its challenges, according to ifoAppleStore, which notes that the 39,000 square-foot building at 1619 Walnut dates back to 1937 and*is listed on the National Register of Historic Buildings. That means that Apple will likely be tied to the structure's existing facade, which allows for windows on only the first of its three lower floors.
The site of 1619 Walnut Street in Philadelphia's Center City.
Up until January 2nd, the building housed the Brasserie Perrier on its ground floor and offices on its upper levels. But ifo, which also cited the location as a potential site for Philly's first Apple store back in 2006, said the booming retail activity in the area recently prompted the building's owner to negotiate a renewal buy-out option from the restaurant, which had been paying $19 per square-foot.
A cluster of retail developments have cropped up on Walnut west of Broad St.
Real estate records recently reflected availability for the ground, second and third levels, where the owner was looking to secure a new occupant willing to pay the new $57 per square-foot going rate for the area. The property sits just 10 blocks from the Independence Hall and Liberty Bell landmarks.
Comments
Second, thanks for even recognizing Philly's historic status.
Third, I think the cuurent facade will lend itself nicely to Apple design. I can easily see a beautiful glowing Apple logo on the dark granite facade above an entire wall of glass on street level.
I wish they'd put one closer to me, the nearest one is about a 45 minute drive.
45 minutes ? jesus man, there are folks who'd have to drive all day and night or fly to get to an Apple store. 45 minutes is not a long distance!
Skip
I too have been surprised it has taken Apple this long to get into this major market.
Philadelphia is a big college town and also has a vibrant publishing industry (two of Apple's core markets).
I too have been surprised it has taken Apple this long to get into this major market.
Many Philadelphia area shoppers head down to Wilmington for major purchases to avoid sales tax. There's an Apple store there that I know draws a fair number of Pennsylvania shoppers.
45 minutes ? jesus man, there are folks who'd have to drive all day and night or fly to get to an Apple store. 45 minutes is not a long distance!
Skip
Unless you live in Rhode Island.
Sorry, couldn't resist (this does seem to be a home for pedants anyway), but shouldn't that be "...in the nation's one-time capital..."? - unless something has happened that I don't know about
I think it would be the nation's first capitol.
However, you are correct on the grammar!
Hey, it's a perfect spot they chose.
This store will pay for the expansion into "University City" (internal to Philly, universities and hospitals),
and the Northeast, (where the tax base for the city reside).
Good move for Apple.
But, there's a small independent Apple store, not too far, where I bought my iMac.
www.springboardmedia.com
@2212 Walnut St.
Where the mayor waited in a folding chair, to buy the first iPhone...
They may, or may not be happy with this.
I think they will.
Give them a chance to "show their best"!
What do ya'll think?
Many Philadelphia area shoppers head down to Wilmington for major purchases to avoid sales tax. There's an Apple store there that I know draws a fair number of Pennsylvania shoppers.
There's also one on the Main Line at the Suburban Square shopping center, in Ardmore. And the massive mall in King of Prussia has one.
Suburban Square is a 15 minute train ride from Center City Philly.
The fifth largest city in the nation, and we don't have an Apple store. Bundy (especially) and Springboard Media are going to hate this though - they have had a lock on Center City business, and this location is square in between those two indy Mac stores (Springboard @ 22nd and Bundy @ 18th)
I walk past this location everyday on my way home from work, it is definitely an Apple type location (this section of Walnut Street is basically all high end retailers and such - 4 star french restaurants, multi-million dollar condos and professional athletes and the city's elite are all there....
45 minutes ? jesus man, there are folks who'd have to drive all day and night or fly to get to an Apple store. 45 minutes is not a long distance!
Skip
That's pretty far just to go to one specialty store. It's not like I live in a rural area or anything. We DO have a best buy that sells Apple products now, but it's just not the same.
Know this:
There are SEVEN (7) Apple Stores within 65 miles of Philadelphia. FIVE (5) of them are within 25 miles and FOUR (4) of those are inside of 18 miles. Two are within 10 miles.
Philadelphia is in no desperate need.
Hey, it's a perfect spot they chose.
This store will pay for the expansion into "University City" (internal to Philly, universities and hospitals),
Huh? If there is one place Apple does not need help expanding into, it would be University City. They have the Penn Bookstore's Computer Connection (a very strong and 25 years-running pro-Apple reseller). Between them and Apple's stellar marketing to college students, the place is already saturated with Macs.
I graduated from Penn last year. I was also the Apple Campus Rep. The University City clientele will continue to go to the Computer Connection because they're too busy/lazy to go down into Center City. This Apple store will be drawing its revenues from the hipster professionals and empty-nesters moving into all the new condos that are going up
But, there's a small independent Apple store, not too far, where I bought my iMac.
www.springboardmedia.com
@2212 Walnut St.
Where the mayor waited in a folding chair, to buy the first iPhone...
They may, or may not be happy with this.
I think they will.
Poor guys. I like Springboard. Unlike Apple, they had a loaner program for when your computer was off to get repaired. Anyone else remember that great Apple specialist on Lancaster avenue in Ardmore?
Anyway, Philly rocks. I hope Nutter can steer us through the budget crisis.
Delaware is No Tax that is a 7% savings off the top.
There is no free parking and who the heck wants to cart a 45 lb Mac Pro on public trans.
Will be gone in less than year.