Also, check out www.PierParkRetail.com for more information.
This will be the new 16 screen theatre set to open in May. Click here for more information.
Monday, November 20, 2006
Pier Park
Construction of Pier Park is moving forward with the completion of Target and the beginning of the new movie theatre. I took some pictures over the weekend.
Also, check out www.PierParkRetail.com for more information.
This will be the new 16 screen theatre set to open in May. Click here for more information.
Also, check out www.PierParkRetail.com for more information.
This will be the new 16 screen theatre set to open in May. Click here for more information.
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6 comments:
Do you think Ron Jon would build a store across the street from the City Pier if they knew PCPD made a habit out of arresting surfers? Last time I checked Ron Jon promoted surfing! PCB City Council should reconsider that lame ordinance that prohibits surfing within 400' of the pier! Anyway, just another corporate store coming to PCB that will drive small business owners out of business!
I'm a realtor here in bay county and this site is being used more than you realize to show outsiders what is happening here with us. Well done you guys. It makes my job so much easier.
WOW, a Target... Panama City Beach is really moving up scale now!!! Watch out Destin we are a foot with our big bad Target.
Come on, who are you kidding! Yourself and the few realtors that are using this BS hype to sell Panama City Beach, which is 100k over priced! Simon group is having a hard time finding any real stores to go in and basically gave away a few spots to try and get in more stores. Sad sad sad... Target, wow.
Not sure why everyone is bashing Pier Park and claim that they have only 8 or so parties interested. I have several friends in the consrtuction business that tell me and show me a list of over 30 stores that have signed agreemnets and are just waiting for the space to come available. Also, last time i checked Destin did not pop over night and went through a real estate bust bigger than PCB in the 80's. Oh by the way if PCB is so bad then move, be happy where you live and try to support your home town.
I have a contact at Pier Park that I just haven't had the time to talk with. I will try to get some information on how their tenancy interest is.
Last I heard, they were not having any problems attracting anchors, or for that matter, anyone else. The long term projections in this area are very strong. Trust me, a company like Simon does not go into an area without doing their homework, and they certainly don't come into an area because the market is "hot". When Simon makes a move, you can be sure that it is very precise and calculated.
Saying Target is coming is simply a way of saying that money is coming. It's the tip of the iceberg. I like seeing big box retailers entering a market ... that bodes well for the fundamentals. When I see Home Depot, Lowes, Target, Bone Fish Grill, Carrabbas, and a long list of others entering the PCB area I simply see $. That's good for anyone with skin in the game.
If you'd prefer to invest in a market based on emotion then think about things like reputation, stigma, etc. I watched Breckenridge, Colorado emerge from a dusty, sleeping little town in the 70's. At that time, and even today to a degree, Vail was the place to be. Maybe Destin will keep the snob factor but that doesn't mean there isn't plenty of upside opportunity in PCB.
-Kyle Dreier
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