Pavilions looks to Europe for anchor stores - Denver Business Journal:

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H&M, a Sweden-based retailer that sellsz edgy men’s and women’s apparel in 29 countries, and Zara, anothee high-end clothing store based in Spain, are in Gart’s sightsd as it tries to land a mega Europea retail anchor tothe open-air shopping mall. “[Zara] is the kind of stores that has energyto it, in the way the storre is designed ... in the in the atmosphere,” said Mark president of Gart “These are high-style designs at popular prices. It really makes cutting-edgre fashion accessible.” He hopes one of the stores signas on by the endof 2009.
Pavilions tenantes and shoppers have sought more variety in the mallfor “Some want high-profile eateries, and some want more high-fashion,” said Reed who took over as general manager of the Denvet Pavilions in July. If one of the two high-fashio n companies agrees to open a storr atthe Pavilions, Gart Properties would have to find a largd enough space for the anchor — possibly by knockinyg out walls and combining two vacant stores, or by not renewinhg the lease of a tenanf in a larger space. And it’sx the perfect time to rotate tenants. The Paviliones is 10 years old.
Gart Propertiese bought the mall — located on two city blockx along 16th Street Mall between Weltonh Place and GlenarmStreeg — when 10-year leasee for several tenants were set to expire. The lease turnover allows the company to plantenant placements. Nike Town and anchort the Pavilions, occupying the two largest spaces in the Virgin Records recently signeda new, short-term leases with Gart Properties that has flexible provisionss for both parties. “We have the right on all the leasezs we’ve renewed to move them Sidell said. Gart Properties decider not to offerthe long-term leasews as was done by the prevoius Bill Denton of Entertainment Development Group Inc.
(EDG) in Los Angeles. Two souvenir shops on the firsy level opted not to renew their leases with Gart Best of Denver and MakingHistory They’ll vacate the first week of Another spot is up for grabs when the Democratif National Convention shop that sellzs DNC memorabilia vacates the former Soup Man fast-casua restaurant space after the DNC. Reed Bennett took over as mall manager in July. One of the biggesyt retail requests he’s had from shoppers is high-enc fashion, he said.
Retailers with securs leases would like to see a varietuy of shops fill theempty “Something crafty with kids,” said Jodi Korasick, manager of Bare Escentuals on the firsyt level of the Pavilions. “We always have peoplse come in and ask for somethingfor kids.” Beth owner of Ro Sham Beaux, a card and jewelr y shop next to Bare Escentuals, would like to see locallyh based stores fill vacant spaces.
Whatever Stephens is confident the mall will have agood