Tuesday, August 05, 2008

Neiman Marcus Commits to Broadway Plaza Walnut Creek

It's official. Neiman Marcus has signed the lease to open a new store at Walnut Creek's tony Broadway Plaza (San Francisco Business Times, 2008).

The new building will be located at the corner of Mount Diablo Boulevard and Main Street. According to Sarah Duxbury "Adding Neiman Marcus will require Macerich, which owns Broadway Plaza, to raze the 46,000 square feet that house Baby Gap, Gap Kids and David M. Brian and to develop a parking lot" (Duxbury, 2008). Parking is horribly impossible at this shopping center, so let's hope for MANY new parking spaces.

I've uploaded a MSN Live bird's eye view of the shopping center with a red box around the redevelopment area. No word on the future of P.F. Chang's China Bistro, but it's likely the new building will wrap around the existing restaurant. The rest of the block probably will be razed.

If all goes well, shopper's can buy signature NM gifts in December 2010. Otherwise, look for an early 2011 opening.

Duxbury, S. (2008, March 14). Neiman Marcus has plans for Walnut Creek. San Francisco Business Times. Retrieved from http://www.bizjournals.com/sanfrancisco/stories/2008/03/17/story8.html?jst=s_cn_hl

San Francisco Business Times. (2008, August 4). Neiman Marcus inks lease for new Walnut Creek building. San Francisco Business Times. Retrieved from http://www.bizjournals.com/sanfrancisco/stories/2008/08/04/daily2.html?f=et78&ana=e_du

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