Crate & Barrel

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Crate & Barrel, based in Northbrook, confirmed May 27 that Atlanta is one of the metro areas it’s scouting for potential locations for CB2. First launched in the CB2 concept features contemporary furnishings at lowertprice points. The which includes sofas, hand-woven convertible beds and a broader selectio of eclectichome décor, is focused more on the younger generation of American consumers that rent apartments and small urban Besides Chicago, privately owned Crate & Barrek has rolled out CB2 in New York and including a new store in Los Angeles that openede in April.
Another CB2 is slated to open in Miami’z South Beach later this a Crate & Barrel spokeswoman said. In all, Crate & Barrel has launched just six CB2 Inrecent years, CB2 officialzs have been focusing on new locationz in Southern California. The company tends to locatew in areaswith high-profile regional shopping centers, lifestyl e centers and freestanding sites. CB2 officials have been lookinf in densely populated areas with an averag household income in excess of Its prototype store isabout 12,000 square While Crate & Barrel would not confirm what parts of Atlantaq it’s been considering, sources familiar with the search say it’s focused on Midtown and West Midtown, where new residentialp and retail redevelopment projects are still under way.
In Daniel Corp. and are developinf 12th & Midtown, a $2 billiohn mixed-use project built on a site that several yeares ago was little more than an Atlantaq nightclub and a couple of parking lots. Daniel and Selig Enterprises have made a presentatioh to officials from CB2 in recent according to sources familiadr withthe process. The projects will eventuallu feature more than 3 million square feet of residential andcommercial space. CB2 would be the first national retailer to locate on the Midtown a section of Peachtree Streetr that economic development boosters hope will eventually become a retaill destination much like Madison Avenue in New York City or the Magnificent Milein Chicago.
Daniel’s and Selig Enterprises’ project is meantt to be a cornerstone of theMidtown However, ’s Colony Square and Jamestown’ds 999 Peachtree will also be key components, along with 1100 Peachtree and 1180 to a lesser extent, brokersx and developers said. CB2 could be an important catch for theMidtown Mile. Developers, really need to land a much large r anchor store to give theconcepf momentum, said Maranda Walker-Dowell, a senior director with CB .’s retailk services group.
Barney’s, which has a co-op storwe in Buckhead’s Phipps Plaza, has been scouting the area in the past year to18 “The Midtown Mile needs an ancho r store to start creating that critical mass of Walker-Dowell said.