Shinsegae Simon opens Busan Premium Outlets
Busan, South Korea — Shinsegae Simon, a joint venture between Shinsegae Group and Simon Property Group has announced the grand opening of Busan Premium Outlets, its third Premium Outlet Center in South Korea. The first two are located in Yeoju and Paju.
The new center is located on the southeastern tip of the Korean Peninsula and features 180 outlet stores. Fashion brands include Coach, Ermenegildo Zegna, Isabel Marant, Jill Stuart, Marc Jacobs, Roberto Cavalli and Vivienne Westwood.
NYC’s new Pier 57 complex renamed SuperPier
New York — Youngwoo & Associates (YWA) announced that the Pier 57 development at West 15th Street in Hudson River Park, Manhattan will now be officially known as SuperPier. Constructed in 1952, Pier 57 was an engineering marvel, built on three giant buoyant and hollow concrete boxes, or concrete caissons. Described as indestructible, it was dubbed “Super Pier” when it opened.
The anchor tenants for the new development include:
- Opening Ceremony, a cutting edge multi-level retail environment, with a prominent retail space utilizing "Incuboxes" or repurposed shipping containers retrofitted and designed for concept shops;
- Brooklyn Boulders, New York City’s only fully dedicated bouldering facility will open a second bouldering community; and
- Andre Balazs Properties, which will debut a Riverfront Spa and Beach Club hospitality concept.
SuperPier, scheduled to be completed in the spring of 2015, includes 270,000 sq. ft. of total leasable space for targeted uses such as food markets and restaurants; culture and recreation; creative retailers; and an "Incubox" marketplace.
Whole Foods Market announces plans for store on Chicago’s South Side
Chicago — Whole Foods Market plans to open an 18,000-sq.-ft. store on Chicago’s South Side, in the impoverished Englewood neighborhood, in 2015. The store will be built as part of a larger development at the northwest corner of South Halsted and West 63rd Streets. The retail portion of the site is being developed by DL3.
“We look forward to joining organizations and community members to envision and develop a store that meets the needs of Englewood,” said Walter Robb, co-CEO of Whole Foods Market. “We believe that fresh, healthy food choices along with information and education about food should be accessible for all communities. We hope that our efforts on Chicago’s South Side and in other communities across the country, combined with the work of others, will help make a meaningful impact on the health of our nation.”
Partnering with Whole Foods Market to bring a full-service grocery store with healthy and affordable options into the Englewood community is part of Mayor Emanuel’s economic development and food access plans, which includes efforts to work with the community and local businesses to develop the areas surrounding the new Whole Foods Market.
“I have worked with Whole Foods Market for the last year and a half to invest in one of our oldest neighborhoods and address a pressing need for fresh, healthy food, and I’m proud to announce this wonderful new facility that will help meet this need while creating a strong economic anchor in this community,” said Mayor Emanuel. “This store will not only provide these important resources, but it will also create jobs and spur economic growth — a true win-win.”