639 replies to this topic

[Sandman]

I'm not sure we need another restaurant. Some clothing stores that aren't just for teens would be nice.

Agreed. The lack of a true department clothing store is ultimately going to end up hurting Palladio. Most of these little clothing botiques with their funny names only cater to women and teens. Can't see myself ever going to the Palladio to shop for clothes. Really wish there would have been something like a Macy's.

[ericm2031]

Eric, is this info correct? I'm seeing a whole bunch of stores here that you haven't mentioned yet.

I vote for a Cheesecake Factory also!!

I was wondering if anybody would ever find that plan. Anyways, that plan is 8 months old. If you examine it, it only shows about 5 stores that were actually signed at the time. Like I said, they're signed or talking to tenants representing 70-80% of the space at Palladio. I would say you could assume any of them that have an LOI (Letter of Intent), L (Lease Out for Signature), or S (Signed) next to the tenant names are more likely coming; however, some have changed, but that's a general assumption you can make. The NLOI (Negotiating Letter of Intent) ones are probably 50/50 committed vs. ones that have pulled out. The ones that just have a P next to them (which are a majority on that plan) are just ones that the 2 leasing companies and developer have on their "wish list" and by no means is something you should follow in terms of stores that will open...it's basically just them guessing.

But in general, it shows a rough sketch of the types of retailers that will go in.

And for your questions about Forever 21, I'm assuming they chose the outlets because they go after a very value-conscious consumer...they recently put one in the Gilroy outlets as well. The outlets probably also sought them out to not lose them to Palladio. Lastly, Forever 21 probably would rather go into a mature, well-established center as well instead of risking it/waiting for Palladio.

[Sac Projectors]

I was wondering if anybody would ever find that plan. Anyways, that plan is 8 months old. If you examine it, it only shows about 5 stores that were actually signed at the time. Like I said, they're signed or talking to tenants representing 70-80% of the space at Palladio. I would say you could assume any of them that have an LOI (Letter of Intent), L (Lease Out for Signature), or S (Signed) next to the tenant names are more likely coming; however, some have changed, but that's a general assumption you can make. The NLOI (Negotiating Letter of Intent) ones are probably 50/50 committed vs. ones that have pulled out. The ones that just have a P next to them (which are a majority on that plan) are just ones that the 2 leasing companies and developer have on their "wish list" and by no means is something you should follow in terms of stores that will open...it's basically just them guessing.

But in general, it shows a rough sketch of the types of retailers that will go in.

And for your questions about Forever 21, I'm assuming they chose the outlets because they go after a very value-conscious consumer...they recently put one in the Gilroy outlets as well. The outlets probably also sought them out to not lose them to Palladio. Lastly, Forever 21 probably would rather go into a mature, well-established center as well instead of risking it/waiting for Palladio.

Thanks Eric. It's too bad that Barnes & Noble did not move in. Folsom / El Dorado Hills is without a large book store now that Borders is closed.
I guess the list being 8 months old things have changed as you say - being a sort of working/tentative plan to begin with. It will also be interesting to see what develops on the other side of highway 50. We might see those original retailers that were expected in Palladio before the recession - since the economy might (hopefully) be much stronger by then.
Eric, do you have any information regarding retail development on the other side of highway 50?
Regarding Palladio, I am actually surprised retailers have not been flocking to Palladio even with this economy. Folsom sort of has a monopoly regarding mall retailing for highway 50 foothills area. Palladio is the only Mall that is convenient for towns going all the way up the line past Folsom, El Dorado Hills, Shingle Springs, Placerville etc.

[ericm2031]

There is a Talbot's and I thought we were getting a White House Black Market, but I don't see it...

What is the deal with all of the fruit name businesses? Papaya? Apricot Lane? Sweet Tomatoes? What do they sell?

I believe Sweet Tomatoes is is a restaurant similar to Fresh Choice.

Talbots has been closing stores and remodeling existing ones, so I think they're not opening new stores currently.

White House|Black Market is in the middle if you're looking at that map.

[ericm2031]

Thanks Eric. It's too bad that Barnes & Noble did not move in. Folsom / El Dorado Hills is without a large book store now that Borders is closed.
I guess the list being 8 months old things have changed as you say - being a sort of working/tentative plan to begin with. It will also be interesting to see what develops on the other side of highway 50. We might see those original retailers that were expected in Palladio before the recession - since the economy might (hopefully) be much stronger by then.
Eric, do you have any information regarding retail development on the other side of highway 50?
Regarding Palladio, I am actually surprised retailers have not been flocking to Palladio even with this economy. Folsom sort of has a monopoly regarding mall retailing for highway 50 foothills area. Palladio is the only Mall that is convenient for towns going all the way up the line past Folsom, El Dorado Hills, Shingle Springs, Placerville etc.

I do not as any retail development on that side of the freeway is a good decade or more away. It won't likely be started until a large amount of the housing on that side is built, which could be decades. I do know a regional mall site is dedicated; however, I can never imagine the outlets, Palladio, and a mall all being able to survive in that area. I'm not sure why planners thought they would need 2 malls, as Palladio is a mall. If a mall with department stores were to open, it would take so many stores away from Palladio, it would turn into a ghost town. I really don't know how it would all pan out. In general, I can't really imagine how much more retail is needed in that area regardless of when that side gets developed as that area already has a majority of the big box stores in that exact area.

[quilt-n-golf gal]

Eric...Any word about Crabtree & Evelyn being a possibility? They closed their Arden Fair location and we could use one!

[ericm2031]

Crabtree & Evelyn has been closing stores slowly since they went through bankruptcy in 2009 so I don't think they're expanding in the U.S. right now.

[eVader]

I had a few minutes to kill yesterday and stopped by Palladio. Enjoyed my first visit to Panera Bread for bread and scones and getting a good walk in around the place with a reward at Pinkberry (mango as awesome). It is really nice to see biz pick up here in Folsom with new stores and shops in a very nice mall.

[MrsTuffPaws]

I've been to Panera Bread too, a couple of times in the last 2-3 weeks. I'm amazed at all the car and foot traffic, with just a few restaurants open there. I'm afraid it's going to be a nightmare once more stores open up. The parking garages are pretty empty, but all the street parking is jammed packed.

[Sandman]

I've been to Panera Bread too, a couple of times in the last 2-3 weeks. I'm amazed at all the car and foot traffic, with just a few restaurants open there. I'm afraid it's going to be a nightmare once more stores open up. The parking garages are pretty empty, but all the street parking is jammed packed.

The biggest problem in terms of traffic around the Palladio will continue to be that right hand turn from Iron Point onto Bidwell to hit the freeway. It often backs up beyond Olive Garden and will only get worse. The city really needs to put in a dedicated right turn lane, however they are going to have a hard time with Fat's right on the corner.

[nomad]

The biggest problem in terms of traffic around the Palladio will continue to be that right hand turn from Iron Point onto Bidwell to hit the freeway. It often backs up beyond Olive Garden and will only get worse. The city really needs to put in a dedicated right turn lane, however they are going to have a hard time with Fat's right on the corner.

What we really need is the Oak Ave/Hwy 50 interchange to be built. That way all the mall traffic can use the E. Bidwell exit and the people who live in Folsom can use the Oak Ave exit.

[Doug Moore]

An Apple store would kill here in the East valley. Come on Tim, bring on the Genius Bar!

[camay2327]

Well I am hearing that Apple Stores may be opening in some to the TARGET
stores. They will actually be a store within a store. Not sure if it
will happen Folsom but I sure hope so.

[SacKen]

What we really need is the Oak Ave/Hwy 50 interchange to be built. That way all the mall traffic can use the E. Bidwell exit and the people who live in Folsom can use the Oak Ave exit.

That was in the plan back in 1996 when I moved here. It was suppose to be in place before the mall opened. With all the delays, the interchange seems to have fallen through the cracks (possibly also due to the unexpected need to build the dam bridge). I'm not sure if it is still on any near-term plan anymore.

[Sac Projectors]

More positive news about Palladio!

- VIDEO report from Fox40 News regarding Palladio from last Tuesday - http://www.fox40.com...0,5726657.story

- SynapSense lease at Palladio (35,000 sqft) - http://www.bizjourna...new-office.html

- News on Freebirds World Burrito from Sac Biz Journal (1/19/12) - http://www.bizjourna...-in-folsom.html

Elliot Homes and Jones, Lang, LaSalle have done an awesome job. Hope the businesses keep coming.