As big internet retailers focus on brick-and-mortar and the World Trade Center prepares to open retail stores, 2015 is going to start off with a bang for major retail projects.
Westfield World Trade Center & Brookfield Place
After years of construction and jockeying for a standout list of tenants, Brookfield Place and Westfield World Trade Center open next year bringing luxury retail to lower Manhattan. Saks Fifth Avenue, Hermes and Salvatore Ferragamo signed on at Brookfield, which opens this spring. Westfield’s project opens next fall with names like Michael Kors, John Varvatos and Hugo Boss.
Internet retailers are getting on the brick-and-mortar train, but if we had to choose one Internet giant that created serious buzz for joining the club, it was Amazon.com. While the rumor mill has churned out possibilities of a holiday pop-up and more, the company hasn’t said much of anything official. But Amazon did sign a 17-year lease across from the Empire State Building in New York in November.
The men’s market is hot, and Louis Leeman has managed to capture part of the momentum with its playful designs on classic styles. The new brand will debut its store on Madison Avenue in New York in the first part of 2015.
Fred Segal Tokyo
After opening in LAX and also at the SLS Hotel in Las Vegas, all eyes are going to be on the iconic retailer as it debuts its “lifestyle” shopping concept in Tokyo next spring. The store will be upwards of 50,000 square feet, with a special emphasis on bringing in new designers for each market, and will team up with local partners to run each category.