Macy's Re-Purposing, Feedback Sought [Staff Edit 2/15/2025]

37,901 Views | 270 Replies | Last: 7 mo ago by JaxDad
Bob Yancy
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RGRAg1/75 said:

happyinBCS said:

I think this is ridiculous so much money has been wasted through litigation and of course paying double what it was worth

PLEASE FIND A COMPETENT COMMERCIAL BROKER NOT THE CITY BROKER PUT THE PROPERTY ON THE MARKET AND

SELL IT



This is the only responsible COA. To your own point, Mr Yancy, look forward and not back.


Fair feedback all. Thank you.
My opinions are mine and should not be construed as those of city council or staff. I welcome robust debate but will cease communication on any thread in which colleagues or staff are personally criticized. I must refrain from comment on posted agenda items until after meetings are concluded. Bob Yancy 95
MS08
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Bob Yancy said:

agnerd said:

Quote:

would likely be an intermediate term solution that preserves the property for potential different uses or a complete mall redevelopment in the future.
This is why I don't completely hate it. This is the equivalent of putting a driving range on a piece of property to pay the bills while you wait for the property value to increase. We are in a mess, and Bob seems to be trying to get us out of it with as little pain as possible.

I 100% support a master plan like what's being done for Northgate. Let's have a plan before we make any more moves. Then evaluate if there's a temporary solution to get us to the master plan finish line whatever that may be.


Spot on analogy with the driving range.


Driving range analogy only holds water and is solely contingent on your (cost) basis of the acquisition. Since ours was exorbitant and an overpay from the jump, it is not an appropriate analogy here.
ElephantRider
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AG
My vote will always be to sell it to a climate-controlled storage company
happyinBCS
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I emailed the mayor and asked him to please Sell the property and also noted he is the only one left on the council that voted to buy it.

I will post if he responds to my email
91_Aggie
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AG
[If you want to start a thread about the salaries of the mayor and city council please start a thread but we are going to keep this thread on topic. -Staff]
EliteElectric
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I heard something very early on that is growing legs once again and I hope that it isn't true, and I pretty much dismissed it back then. The fact that it is still being talked about, privately, by some of those in prominent places at CSTX government makes me wonder if it really was true all along.

What I have repeatedly heard, from several folks is-

A prominent local businessman was set to purchase it to turn it in to a "Main Event" type place and the city "leadership" was so against it that they hastily bought it to kill the deal. With our money. Interfered with the free market, with other peoples money they are supposed to be stewarding.

I truly hope this isn't true but I have now heard the story from enough people to think it probably has some merit

www.elitellp.net/

Captn_Ag05
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Councilman Yancy's interview on WTAW on this issue:

https://wtaw.com/college-station-councilman-investigating-repurposing-the-city-owned-macys-store-for-indoor-pickleball/

Hornbeck
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happyinBCS said:

I emailed the mayor and asked him to please Sell the property and also noted he is the only one left on the council that voted to buy it.

I will post if he responds to my email


I emailed him and the city manager a week or so ago. Zero (0) response.
Brian Alg
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Thank you for posting this.

It seems that instead of actually trying to sell it, he is advocating for turning it into a pickleball complex for an indefinite period of time.

In the interview, he is spoke as though the RFP was a legitimate attempt to sell. In case anyone doubts that an "invit[ation for] sealed bids for the purchase/lease and redevelopment" of the property is not the same as seeking bids to sell the property, I'd encourage you to look at the Northgate parking lot hubbub.

I can't imagine it is common practice to purchase property by submitting "sealed bids for the purchase/lease and redevelopment" in the private sector. It is necessarily a giant costly pain in the rear that yields massive uncertainty. I don't deal in commercial real estate. But I suspect the only reason anybody plays that game is they expect to get a huge discount on what the no-strings value would be.

The mall property, free and clear, is worth real money. Maybe not $7.3 million. But it might be closer to that than we might expect. We do not know though. The city never tried to find out. We just know people didn't want to pay tens or hundreds of thousands to attorneys, consultants, architects, etc. to put together a proposal for a deal the city was probably never going to make.


No way city leadership doesn't know all this. If the current council does not even seek bids for purchase of the mall property (as opposed to redevelopment proposals), then they are choosing to claim this boondoggle as their own.
Brian Alg

My words are not intended to be disrespectful to any of the staid and venerable members of College Station City Council
happyinBCS
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The mayor responded to my email I will state his comments entirely

Dear .......

Thank you for your email. The property you refer to is in fact on the market. We have had discussions with potential investors, but no specific decisions have been made.

This was a strategic investment, and we plan to negotiate with buyers that can bring new energy to the mall and stimulate its redevelopment. When it was purchased, the City was also considering this location for a Citywide recreation center. We have a study underway regarding that need and options.

With all the property the city has purchased over the past decades, we will use that property for City facilities or make it available on the market to achieve important economic development and community goals. Several very good sales in our business parks have been negotiated during my time on Council and recently as Mayor.

Thank you, please feel free to call or schedule a visit if you would like to discuss further.


How about 20 of us go and visit with him, oh my what a disconnect from reality, maybe our current council member that engages here could give some advice





PS3D
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happyinBCS said:

The mayor responded to my email I will state his comments entirely

Dear .......

Thank you for your email. The property you refer to is in fact on the market. We have had discussions with potential investors, but no specific decisions have been made.

This was a strategic investment, and we plan to negotiate with buyers that can bring new energy to the mall and stimulate its redevelopment. When it was purchased, the City was also considering this location for a Citywide recreation center. We have a study underway regarding that need and options.

With all the property the city has purchased over the past decades, we will use that property for City facilities or make it available on the market to achieve important economic development and community goals. Several very good sales in our business parks have been negotiated during my time on Council and recently as Mayor.

Thank you, please feel free to call or schedule a visit if you would like to discuss further.


How about 20 of us go and visit with him, oh my what a disconnect from reality, maybe our current council member that engages here could give some advice

Wow, how dare he want a buyer that's compatible with the mall somehow.
woodiewood
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PS3D said:

Bob Yancy said:

Howdy,

Other threads exist to talk about the process and decision the city made to purchase the former Macy's.

If I may, I'd like to request we dedicate this thread to forward looking solutions. To kick it off, I have one potential proposed solution, among others:

Pickleball & Senior Center: pickleball is the fastest growing sport in the US. The pickleball community is very active and growing here. We do not have enough pickleball courts in College Station and Bryan combined. Scant few are indoors. Column spacing width will support the installation of courts inside Macy's, albeit it'd be tight.

Bocce ball, dance and exercise classes, game tables, and practice putting green(s) could be installed in other areas. Not a full blown rec center that competes with local gyms, but an activity center for all with likely a senior citizen focus.

This would be a relatively light commercial renovation, albeit municipalities do find ways to spend surprising sums on construction. A use like this would have the benefit of not requiring significant demolition and would likely be an intermediate term solution that preserves the property for potential different uses or a complete mall redevelopment in the future.

Work with me here. I'm trying. Google search "pickleball in vacant malls" before telling me I'm crazy, please. ;-)

Respectfully yours,

Yancy '95


Going to reiterate what I said before. One main idea that needs to be held is that it needs to have entrances both outside and into the mall, keeping it accessible and without killing either entrance.

Because of the building's position and layout, the smart thing would do is to trade it with Dillard's Womens/Kids or JCPenney. In Richland Mall, one of the Dillard's stores moved into the former Sears space, still keeping its dual-store nature but in a more prominent, larger position.

That would give the City a easier-to-work with ~70k square feet, one-story building.

The two options I would see, both based after real ideas, are as follows:

1) A College Station location of Fieldhouse USA. These large facilities incorporate hardwood courts (used for basketball, tennis, volleyball, etc.) which can be rented out or run by leagues. The Grapevine location is located at Grapevine Mills and is in a former JCPenney Outlet Store itself. It has the hardwood courts but also a restaurant, tae kwon do studio, and gymnastics club. It features entrances both to the outside and into the mall. The Frisco location (stand-alone) has an indoor batting cage area and a barbershop (among others). Columbus (Ohio) has a trampoline park (RIP Altitude!).

Throw in a community room, pickleball courts, and maybe something unique to the chain itself--like an indoor/outdoor natatorium, and you'll have a real winner. The City can largely divest itself from the operation.

2) With Northgate becoming an increasing problem with parking and rent, there's the idea of converting it to an extension of mall space, but with unique flooring and lighting, and leasing it to bars and restaurants with a space that is open late night to make an entertainment center of its own. While a "mall-within-a-mall" that has a separate leasing agent might not gel with CBL Properties, the next best idea would be to convert it to a multi-club venue. In Cincinnati, this was done with "Metropolis" which was in a former anchor space (or part of it), which featured three venues, one on techno, one C&W, and one top 40. In Post Oak Mall, the way this could work (and probably at Metropolis as well) is that you would be able to enter the building and walk past the separate club storefronts during the day, at night, when the mall access is closed, the hallway becomes the point between the clubs. Maybe a restaurant/snack bar could be thrown in there as well. The City at that point could lease to a single operator, with the operator being able to rearrange the club themes as they see fit, and gives the city an out if the clubs are a chronic crime problem.
Some good ideas, but will our population support them?

Would Penney's would be interested. They have closed over 200 stores in the past few years and declared Chapter 11 a couple of years ago. The actually have opened a few stores recently, but I suspect that they are not going to move a store to another location without seeing an economic benefit by doing so.

Are the ceilings high enough for basketball ? They sure aren't for tennis volleyball or some other sports where the ball is lifted high?

As far as the development into an entertainment venue, that's an option, but both Columbus and Cincinnati OH metro areas have populations of 2+ million $$ while our population less the students is about 180,000. Add to that those using existing options and those on limited incomes, I am not sure if our population would support and major entertainme venues......especially in the summer time when the students are gone and families are vacationing.

We are not a very large city for major entertainment venues. If we were, they'd be here already or at least we would hear of talk about locating here.

Has anyone looked at it as the senior citizens center? You could have a senior citizens center on the ground floor and future city, county or state offices on the second floor.

Maybe A&M might want to move a few of their departments that are way down at Towerpoint to a location closer to campus?

I think the city officials need to be extremely careful of investment additional monies into the building. We don't want to invest a few hundred thousand or millions of investment dollars and then a few years later it's vacant again and it Groundhog Day. Don't chase wasted money with more wasted money.

happyinBCS
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It is good to know that the property is on the market according to the mayor unfortunately I can't find it on any commercial website. It also seems like councilman Yancy is not aware of that either because he has never stated that here
Bob Yancy
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woodiewood said:

PS3D said:

Bob Yancy said:

Howdy,

Other threads exist to talk about the process and decision the city made to purchase the former Macy's.

If I may, I'd like to request we dedicate this thread to forward looking solutions. To kick it off, I have one potential proposed solution, among others:

Pickleball & Senior Center: pickleball is the fastest growing sport in the US. The pickleball community is very active and growing here. We do not have enough pickleball courts in College Station and Bryan combined. Scant few are indoors. Column spacing width will support the installation of courts inside Macy's, albeit it'd be tight.

Bocce ball, dance and exercise classes, game tables, and practice putting green(s) could be installed in other areas. Not a full blown rec center that competes with local gyms, but an activity center for all with likely a senior citizen focus.

This would be a relatively light commercial renovation, albeit municipalities do find ways to spend surprising sums on construction. A use like this would have the benefit of not requiring significant demolition and would likely be an intermediate term solution that preserves the property for potential different uses or a complete mall redevelopment in the future.

Work with me here. I'm trying. Google search "pickleball in vacant malls" before telling me I'm crazy, please. ;-)

Respectfully yours,

Yancy '95


Going to reiterate what I said before. One main idea that needs to be held is that it needs to have entrances both outside and into the mall, keeping it accessible and without killing either entrance.

Because of the building's position and layout, the smart thing would do is to trade it with Dillard's Womens/Kids or JCPenney. In Richland Mall, one of the Dillard's stores moved into the former Sears space, still keeping its dual-store nature but in a more prominent, larger position.

That would give the City a easier-to-work with ~70k square feet, one-story building.

The two options I would see, both based after real ideas, are as follows:

1) A College Station location of Fieldhouse USA. These large facilities incorporate hardwood courts (used for basketball, tennis, volleyball, etc.) which can be rented out or run by leagues. The Grapevine location is located at Grapevine Mills and is in a former JCPenney Outlet Store itself. It has the hardwood courts but also a restaurant, tae kwon do studio, and gymnastics club. It features entrances both to the outside and into the mall. The Frisco location (stand-alone) has an indoor batting cage area and a barbershop (among others). Columbus (Ohio) has a trampoline park (RIP Altitude!).

Throw in a community room, pickleball courts, and maybe something unique to the chain itself--like an indoor/outdoor natatorium, and you'll have a real winner. The City can largely divest itself from the operation.

2) With Northgate becoming an increasing problem with parking and rent, there's the idea of converting it to an extension of mall space, but with unique flooring and lighting, and leasing it to bars and restaurants with a space that is open late night to make an entertainment center of its own. While a "mall-within-a-mall" that has a separate leasing agent might not gel with CBL Properties, the next best idea would be to convert it to a multi-club venue. In Cincinnati, this was done with "Metropolis" which was in a former anchor space (or part of it), which featured three venues, one on techno, one C&W, and one top 40. In Post Oak Mall, the way this could work (and probably at Metropolis as well) is that you would be able to enter the building and walk past the separate club storefronts during the day, at night, when the mall access is closed, the hallway becomes the point between the clubs. Maybe a restaurant/snack bar could be thrown in there as well. The City at that point could lease to a single operator, with the operator being able to rearrange the club themes as they see fit, and gives the city an out if the clubs are a chronic crime problem.
Some good ideas, but will our population support them?

Would Penney's would be interested. They have closed over 200 stores in the past few years and declared Chapter 11 a couple of years ago. The actually have opened a few stores recently, but I suspect that they are not going to move a store to another location without seeing an economic benefit by doing so.

Are the ceilings high enough for basketball ? They sure aren't for tennis volleyball or some other sports where the ball is lifted high?

As far as the development into an entertainment venue, that's an option, but both Columbus and Cincinnati OH metro areas have populations of 2+ million $$ while our population less the students is about 180,000. Add to that those using existing options and those on limited incomes, I am not sure if our population would support and major entertainme venues......especially in the summer time when the students are gone and families are vacationing.

We are not a very large city for major entertainment venues. If we were, they'd be here already or at least we would hear of talk about locating here.

I think the city officials need to be extremely careful of investment additional monies into the building. We don't want to invest a few hundred thousand or millions of investment dollars and then a few years later it's vacant again and it Groundhog Day. Don't chase wasted money with more wasted money.




Thanks for the feedback and detail. JCPenney's has merged with fashion retailer Forever 21, forming a new company called Catalyst Brands.

They also announced the closure and sell of 120 properties nationally. As far as I know, ours is not on the list.

As for the former Macy's, as one member of council, I'd love to list and sell it.

Since I started this post and gave that interview on WTAW I've been contacted by two pickleball businesses. One has a sizable indoor facility planned but not permitted, while another is interested in Macy's. I've referred the latter to the city's Econ dev department.

Respectfully

Yancy
My opinions are mine and should not be construed as those of city council or staff. I welcome robust debate but will cease communication on any thread in which colleagues or staff are personally criticized. I must refrain from comment on posted agenda items until after meetings are concluded. Bob Yancy 95
ElephantRider
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AG
Bob Yancy said:

tu ag said:

Your ideas aren't bad.
But this isn't the solution most voters want.
They want their money back from this awful cluster the council and City Manager dropped on them.


Our beloved alma mater definitely didn't do us any favors on this one. Have to call it straight.

That notwithstanding give me solutions or suggestions, please. Forward looking if you would, please sir/maam?

Respectfully requested

Yancy


Was A&M involved when it was purchased? I thought that e-sports thing came about later on.
Bob Yancy
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ElephantRider said:

Bob Yancy said:

tu ag said:

Your ideas aren't bad.
But this isn't the solution most voters want.
They want their money back from this awful cluster the council and City Manager dropped on them.


Our beloved alma mater definitely didn't do us any favors on this one. Have to call it straight.

That notwithstanding give me solutions or suggestions, please. Forward looking if you would, please sir/maam?

Respectfully requested

Yancy


Was A&M involved when it was purchased? I thought that e-sports thing came about later on.


That's a common misconception and one I labored under for awhile because of the public statements, but it's not the case.

Both a Texas A&M esports facility and a city rec center were conceived of in a master plan exercise conducted in the final quarter of 2021. One version of the plan, conducted with an outside architect, called for a complete demolition of the mall. Another option was a piecemeal redevelopment and/or repurposing of existing structures.

The irony is, had the city been forthright and presented the plan, folks would have a better understanding of why it was pursued. In their wisdom, maybe the citizens would have helped city hall avoid mistakes.

Like Northgate, the east loop and so many more issues, we have challenges when it comes to transparency and I'm not sure why. Both electeds and staff would find themselves in less hot water if they would just honor the org chart, which has citizens at the top for a very good reason.

Perhaps our incredible success with the Northgate small area plan and the positive feedback we're getting from our bosses will help us usher in a greater era of transparency and accountability.

Have a great weekend!
My opinions are mine and should not be construed as those of city council or staff. I welcome robust debate but will cease communication on any thread in which colleagues or staff are personally criticized. I must refrain from comment on posted agenda items until after meetings are concluded. Bob Yancy 95
trouble
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AG
The lack of transparency and general "airs" the council and mayor of CS have been known for are what led me to not even look there when moving back 7 years ago. It was an issue then and it still is.

For whatever reason, it's always felt like they think the citizens don't need to know much of anything.
harrierdoc
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AG
Unfortunately, that's not any different than any other large bureaucracy. People in power generally tend to think that they know better and can make decisions without worrying about the thoughts of whom they represent. That's true in civil service as well as industry.
UhOhNoAgTag
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Bob Yancy said:

ElephantRider said:

Bob Yancy said:

tu ag said:

Your ideas aren't bad.
But this isn't the solution most voters want.
They want their money back from this awful cluster the council and City Manager dropped on them.


Our beloved alma mater definitely didn't do us any favors on this one. Have to call it straight.

That notwithstanding give me solutions or suggestions, please. Forward looking if you would, please sir/maam?

Respectfully requested

Yancy


Was A&M involved when it was purchased? I thought that e-sports thing came about later on.


That's a common misconception and one I labored under for awhile because of the public statements, but it's not the case.

Both a Texas A&M esports facility and a city rec center were conceived of in a master plan exercise conducted in the final quarter of 2021. One version of the plan, conducted with an outside architect, called for a complete demolition of the mall. Another option was a piecemeal redevelopment and/or repurposing of existing structures.

The irony is, had the city been forthright and presented the plan, folks would have a better understanding of why it was pursued. In their wisdom, maybe the citizens would have helped city hall avoid mistakes.

Like Northgate, the east loop and so many more issues, we have challenges when it comes to transparency and I'm not sure why. Both electeds and staff would find themselves in less hot water if they would just honor the org chart, which has citizens at the top for a very good reason.

Perhaps our incredible success with the Northgate small area plan and the positive feedback we're getting from our bosses will help us usher in a greater era of transparency and accountability.

Have a great weekend!


Is that master plan public info somewhere?
scd88
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AG
I think it should be sold. There would be so many issues to address if it were "turned into something:"

Operating expenses
Security
Legal exposures
Etc

At a time when it's prudent for government to be smaller and more efficient, it would make sense to eliminate a significant exposure now rather than take on more responsibility.
Bob Yancy
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UhOhNoAgTag said:

Bob Yancy said:

ElephantRider said:

Bob Yancy said:

tu ag said:

Your ideas aren't bad.
But this isn't the solution most voters want.
They want their money back from this awful cluster the council and City Manager dropped on them.


Our beloved alma mater definitely didn't do us any favors on this one. Have to call it straight.

That notwithstanding give me solutions or suggestions, please. Forward looking if you would, please sir/maam?

Respectfully requested

Yancy


Was A&M involved when it was purchased? I thought that e-sports thing came about later on.


That's a common misconception and one I labored under for awhile because of the public statements, but it's not the case.

Both a Texas A&M esports facility and a city rec center were conceived of in a master plan exercise conducted in the final quarter of 2021. One version of the plan, conducted with an outside architect, called for a complete demolition of the mall. Another option was a piecemeal redevelopment and/or repurposing of existing structures.

The irony is, had the city been forthright and presented the plan, folks would have a better understanding of why it was pursued. In their wisdom, maybe the citizens would have helped city hall avoid mistakes.

Like Northgate, the east loop and so many more issues, we have challenges when it comes to transparency and I'm not sure why. Both electeds and staff would find themselves in less hot water if they would just honor the org chart, which has citizens at the top for a very good reason.

Perhaps our incredible success with the Northgate small area plan and the positive feedback we're getting from our bosses will help us usher in a greater era of transparency and accountability.

Have a great weekend!


Is that master plan public info somewhere?


To my knowledge, it's never been released publicly. I only very recently discovered it when it was sent to me by a third party.

Respectfully

Yancy
My opinions are mine and should not be construed as those of city council or staff. I welcome robust debate but will cease communication on any thread in which colleagues or staff are personally criticized. I must refrain from comment on posted agenda items until after meetings are concluded. Bob Yancy 95
PS3D
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woodiewood said:

PS3D said:

Bob Yancy said:

Howdy,


Other threads exist to talk about the process and decision the city made to purchase the former Macy's.


If I may, I'd like to request we dedicate this thread to forward looking solutions. To kick it off, I have one potential proposed solution, among others:


Pickleball & Senior Center: pickleball is the fastest growing sport in the US. The pickleball community is very active and growing here. We do not have enough pickleball courts in College Station and Bryan combined. Scant few are indoors. Column spacing width will support the installation of courts inside Macy's, albeit it'd be tight.


Bocce ball, dance and exercise classes, game tables, and practice putting green(s) could be installed in other areas. Not a full blown rec center that competes with local gyms, but an activity center for all with likely a senior citizen focus.


This would be a relatively light commercial renovation, albeit municipalities do find ways to spend surprising sums on construction. A use like this would have the benefit of not requiring significant demolition and would likely be an intermediate term solution that preserves the property for potential different uses or a complete mall redevelopment in the future.


Work with me here. I'm trying. Google search "pickleball in vacant malls" before telling me I'm crazy, please. ;-)


Respectfully yours,


Yancy '95


Going to reiterate what I said before. One main idea that needs to be held is that it needs to have entrances both outside and into the mall, keeping it accessible and without killing either entrance.


Because of the building's position and layout, the smart thing would do is to trade it with Dillard's Womens/Kids or JCPenney. In Richland Mall, one of the Dillard's stores moved into the former Sears space, still keeping its dual-store nature but in a more prominent, larger position.


That would give the City a easier-to-work with ~70k square feet, one-story building.


The two options I would see, both based after real ideas, are as follows:


1) A College Station location of Fieldhouse USA. These large facilities incorporate hardwood courts (used for basketball, tennis, volleyball, etc.) which can be rented out or run by leagues. The Grapevine location is located at Grapevine Mills and is in a former JCPenney Outlet Store itself. It has the hardwood courts but also a restaurant, tae kwon do studio, and gymnastics club. It features entrances both to the outside and into the mall. The Frisco location (stand-alone) has an indoor batting cage area and a barbershop (among others). Columbus (Ohio) has a trampoline park (RIP Altitude!).


Throw in a community room, pickleball courts, and maybe something unique to the chain itself--like an indoor/outdoor natatorium, and you'll have a real winner. The City can largely divest itself from the operation.


2) With Northgate becoming an increasing problem with parking and rent, there's the idea of converting it to an extension of mall space, but with unique flooring and lighting, and leasing it to bars and restaurants with a space that is open late night to make an entertainment center of its own. While a "mall-within-a-mall" that has a separate leasing agent might not gel with CBL Properties, the next best idea would be to convert it to a multi-club venue. In Cincinnati, this was done with "Metropolis" which was in a former anchor space (or part of it), which featured three venues, one on techno, one C&W, and one top 40. In Post Oak Mall, the way this could work (and probably at Metropolis as well) is that you would be able to enter the building and walk past the separate club storefronts during the day, at night, when the mall access is closed, the hallway becomes the point between the clubs. Maybe a restaurant/snack bar could be thrown in there as well. The City at that point could lease to a single operator, with the operator being able to rearrange the club themes as they see fit, and gives the city an out if the clubs are a chronic crime problem.
Some good ideas, but will our population support them?


Would Penney's would be interested. They have closed over 200 stores in the past few years and declared Chapter 11 a couple of years ago. The actually have opened a few stores recently, but I suspect that they are not going to move a store to another location without seeing an economic benefit by doing so.


Are the ceilings high enough for basketball ? They sure aren't for tennis volleyball or some other sports where the ball is lifted high?


As far as the development into an entertainment venue, that's an option, but both Columbus and Cincinnati OH metro areas have populations of 2+ million $$ while our population less the students is about 180,000. Add to that those using existing options and those on limited incomes, I am not sure if our population would support and major entertainme venues......especially in the summer time when the students are gone and families are vacationing.


We are not a very large city for major entertainment venues. If we were, they'd be here already or at least we would hear of talk about locating here.


Has anyone looked at it as the senior citizens center? You could have a senior citizens center on the ground floor and future city, county or state offices on the second floor.


Maybe A&M might want to move a few of their departments that are way down at Towerpoint to a location closer to campus?


I think the city officials need to be extremely careful of investment additional monies into the building. We don't want to invest a few hundred thousand or millions of investment dollars and then a few years later it's vacant again and it Groundhog Day. Don't chase wasted money with more wasted money.





Quote:


Would Penney's would be interested. They have closed over 200 stores in the past few years and declared Chapter 11 a couple of years ago. The actually have opened a few stores recently, but I suspect that they are not going to move a store to another location without seeing an economic benefit by doing so.


Are the ceilings high enough for basketball ? They sure aren't for tennis volleyball or some other sports where the ball is lifted high?



The JCPenney building would probably need significant rehabbing. I'm not sure about the Dillard's building either...but I think that the former Macy's building would be an even bigger problem. Now, would JCPenney move? It depends on what sales the JCPenney store does here (I sure I'm not privy to that information), and the former Macy's building isn't oversized for what JCPenney tends to offer. Their new merger seems to infuse hope into the chain, but this could be a mirage. Too early to say.


Quote:


As far as the development into an entertainment venue, that's an option, but both Columbus and Cincinnati OH metro areas have populations of 2+ million $$ while our population less the students is about 180,000. Add to that those using existing options and those on limited incomes, I am not sure if our population would support and major entertainme venues......especially in the summer time when the students are gone and families are vacationing.



I would believe that a few nightclubs would definitely be a profitable option in this market. I don't know how Fieldhouse USA operations make money, but even if they're subsidized by the city they must make at least some money back. And the city isn't a ghost town in summer anymore. That hasn't been true in...a while now.


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Has anyone looked at it as the senior citizens center? You could have a senior citizens center on the ground floor and future city, county or state offices on the second floor.


Maybe A&M might want to move a few of their departments that are way down at Towerpoint to a location closer to campus?



There's already a community center/senior center just a stones' throw away at Dartmouth. Converting to offices or something like that would be tragic, though at the same time ironic as the same people advocating some non-retail use are also crying about the "loss of tax dollars", and keeping it as municipal offices, or worse, to A&M, takes it off tax rolls forever.


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They also announced the closure and sell of 120 properties nationally. As far as I know, ours is not on the list.
To Mr. Yancy's quote, they're selling the properties, not the stores themselves. Usually these sale-leasebacks are to bolster a balance sheet and are harmful long-term. The major shakeups would be malls that have full Forever 21 stores as anchors as they're looking to offload that asset. (Post Oak Mall is not one of them. These are more toward the "Forever 21-as-replacement-to-Mervyn's" types that are in Houston and beyond).
UhOhNoAgTag
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Just curious....who "hosts" the carnival?
Bob Yancy
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UhOhNoAgTag said:

Just curious....who "hosts" the carnival?


CBL.

My opinions are mine and should not be construed as those of city council or staff. I welcome robust debate but will cease communication on any thread in which colleagues or staff are personally criticized. I must refrain from comment on posted agenda items until after meetings are concluded. Bob Yancy 95
aggiefan2002
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I know you probably won't respond to this because you're polite bob, but in every business I've owned or worked for if someone was asked for important documents from their boss (that's you) and they didn't get them virtually immediately it would be the last request they ever received. Several of our city staff (starting at the top) signed off on what 100% of us now agree was a deal. They better be bending over backwards to salvage it instead of dragging their feet to get information over to the single person who actually seems willing to listen and make hard choices. Seriously.
Hornbeck
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AG
That's not how government works.

I went from working 15 years in private industry and spent a couple years working for a medium sized city, as an IT manager. Instead of moving at the speed of light, we were lucky to operate at the speed of smell.

Nobody gets fired unless it's for sexual harassment (even then, it's drawn out), theft, etc. The budgets never go down, they never have to "tighten their belt" or "rightsize". They have to spend every cent in their budget, or it goes back to the general fund. The gymnastics they went through to spend every cent was hilarious (I didn't live there, or I'd be angry).

TL;DR - government in no way resembles business. It's a foreign concept.
Bob Yancy
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JaxDad said:

I know very, very little about real estate. That said the CSISD central office is old, small and has horrible parking. Could it be repurposed as the new central office?


Hmmm
Boozer92
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AG
Anything that takes this property permanently off the tax roles turns this from a bad decision by the city to a horrible one.
aggiepaintrain
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AG
we literally just passed a bond to remodel central office in 2023

We will have to give Macys away
happyinBCS
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He knows very very little about real estate and you know way more

Good Lord please remove your Hmm so that we know you really would never give this a thought
woodiewood
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Boozer92 said:

Anything that takes this property permanently off the tax roles turns this from a bad decision by the city to a horrible one.
True, not the best use, but at least it would eliminate the annual maintenance fee, utility costs, and mall fees.

Every month that passes it not only costs the city the above fees, but also the loss of about $23,000 annually in lost property taxes. Also, if someone bought it and sold items, the city would receive the 1.5% sales taxes also.

Every month that passes, the city takes a hit of a few thousand dollars.




Bob Yancy
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happyinBCS said:

He knows very very little about real estate and you know way more

Good Lord please remove your Hmm so that we know you really would never give this a thought


I'm just going through and rereading/acknowledging the many ideas. Getting ready for the week. Appreciate all the feedback.

Have a good evening.
Brian Alg
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This thread had a back-and-forth between Councilman Yancy and I where I asked Mr. Yancy if he would support selling the property (as opposed to requesting bids for redevelopment) and he indicated that that the city has already done that.

Where'd the posts go?

[A poster with an obscene user name posted on the thread and we removed the posts. Any posts that quoted or replied to that poster were also removed in an automatic cleanup.

Post your questions again and it will stay on the board. -Staff]
Bob Yancy
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Brian Alg said:

This thread had a back-and-forth between Councilman Yancy and I where I asked Mr. Yancy if he would support selling the property (as opposed to requesting bids for redevelopment) and he indicated that that the city has already done that.

Where'd the posts go?


I don't know the answer to your question about the post(s) but to reiterate:

1) I believe selling is preferable and hopefully not at a loss to the taxpayer, which I would loathe, and
2) the city just issued an invitation to bid and received no responses, and
3) the city has not attempted to list it and sell it that route, to my knowledge.

Just for clarity

Respectfully

Yancy
Brian Alg
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Would you be supportive of the city requesting bids for the purchase of the property (as opposed to redevelopment proposals)? The bids from that would be dollar figures, not plans or business proposals or anything like that.

Is that something you would support?
 
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