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Tuesday, July 16, 2013

Meridian Mixed-Use Retail Tenants

It looks like some of the retail for the Meridian Mixed-Use project in Midtown San Jose is already spoken for. Based on the image below the project will have:
  • Chase Bank
  • Chipotle
  • Five Guys
  • Subway
  • A Yogurt Shop
  • A Day Spa

Not too shabby for a five story apartment building. In the past a project like this would have likely not received any retail at all.

Source: credit goes to an anonymous poster, speak up in the comments if you want the credit =)


19 comments:

  1. Wow, I hadn't realized there was that much retail space! Also, I hadn't realized there was so much of the lot dedicated to parking (or is that the parking for the apartments?). Still its great to see that the parking is pushed to the back if the lot so as not to penalize walking customers, and it creates a nice street presence :)
    I hope to see more (and hopefully taller) development along w San Carlos in the coming years to make a nice western approach to downtown.

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  2. Unfortunately, not the most inspiring selection of tenants.

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  3. Like, how many Subways, yogurt shops and day spas does this city need? Lame.

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  4. Baby steps. Like Josh said, just a few years ago this would have been zero retail. That said, SJ needs to kick up some help for independent homegrown businesses.

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  5. baby steps are boring and lame. this is the 10th largest city in the country. expect more and don't gloss over opportunities like this. that subway will be there for the duration of our adult lives. calling it for what it is and it sucks.

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  6. My understanding is that when you have a large new development like this with a retail component, the developer will usually engage a commercial leasing agent who aims to attract national or regional chains because they are willing to pay higher rents, and they are a proven commodity. The independent/Mom & Pop shops and restaurants usually lease space in older, existing buildings that have lower rents or that aren't so worried about the risk of leasing to an unproven commodity.

    What this says to me is that while redeveloping vacant or underutilized parcels is good, we also need to focus on preserving some older structures (ideally ones with worthwhile architecture and a good relationship to the street) so they can house independent retail. This is a place where the City can and should be able to help.

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  7. Don't like it, I want space and less traffic, and the beauty of the Santa Clara Valley as it was 40 years ago, when the big boom started, it was with single family homes. Now with high rise, close quarters, this may turn into ghetto land 20 years from now.....All these multiple dwelling homes are being butted up against railroad tracks, gas stations, sidewalks, they just want to use every inch of our precious land. The builders are just investing, they don't and won't live here among this future chaos....Don't like it at all......scenario 40 years ago: no litter on streets, no traffic. GO AWAY...

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    Replies
    1. How about you move to the Midwest? Plenty of "space and beauty" there, San Jose is a city not some dinky suburb.

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    2. Density is here to stay in San Jose, that ship has sailed and unfortunately if you can't take it your best bet is to look for somewhere else to live longterm. South San Jose or Evergreen may still be good options for you though.

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    3. Some bad news: The Mmoon is closing its DTSJ location as of today.

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    4. See what happens when the city and the county health inspectors slows these businesses from opening their business by being very slow in giving them permits and the final ok to open their businesses? Downtown starts to lose momentum and the wheels fall off. Farmer's Union is only now finally going to open on July 18, but it's too late to keep businesses like Mmoon from closing. The city and county goons must get their acts together and start offering permits quickly, so downtown can get its momentum going and start flourishing. Otherwise, it'll be two step forward and one step back, the yin and the yang, will continue. Downtown would be growth would be filtered and temperate. This got to stop!

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    5. I'm pretty sure the Farmer's Union wasn't completely done with construction related things until recently. I saw that they also filed a sidewalk seating permit in the last couple of weeks....I wouldn't say the delay in opening is related solely on permitting. I'm sure they also wanted to have their full liquor license in place before opening (unlike the Blackbird which just last week got it full license approved).

      BTW, SP2 (former Savor) is having its soft opening tonight...yet another win for the SPS area.

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  8. Do we really need another chipotle, subway, five guys, etc in San Jose? How about we promote small business and get some interesting food and retail in this space.

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  9. The Mmoon had way too much space at that location, they should of really moved to the market before it filled up. It definitely would of had a better chance there.

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  10. Line up sounds decent minus the subway...the one on delmas and 360 almost always look empty when I drive by...n would rather see fresh deli of some sort or even a Peets...San Jose should be about quality development...and self branding...not subway on every corner like it is now.

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  11. How many empanadas can you eat really. The Mmoon was an odd concept.

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  12. The construction for this place is super irritating. They have San Carlos sidewalks closed on both sides of the street for different projects without any legal way to get across.

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  13. lous coffee from los gatos is opening here looks like.

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