Dakota79

Midtown Sears

138 posts in this topic

Driving to the office this AM, I can help but wonder why that midtown Sears is still there. If that was redeveloped, the entire area would change. Sears can't be making money there, and the land is worth a fortune.

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If it wasn't there there wouldn't be a department store for miles.

Why are we concerned about a lot with a building on it when that building is surrounded by empty lots.

No wonder We develop so sparsely. We have 100 lots, ten with buildings on there, instead of trying something on the other 90 we just keep rebuilding on the occupied 10.

Why not build a Target next door first and when they put Sears In financial trouble then ask why Sears is still there.

You should be thankful Sears is there. After Macy's closed they are the only ones accessible to a lot of people using public transit

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If it wasn't there there wouldn't be a department store for miles.

Why are we concerned about a lot with a building on it when that building is surrounded by empty lots.

No wonder We develop so sparsely. We have 100 lots, ten with buildings on there, instead of trying something on the other 90 we just keep rebuilding on the occupied 10.

Why not build a Target next door first and when they put Sears In financial trouble then ask why Sears is still there.

You should be thankful Sears is there. After Macy's closed they are the only ones accessible to a lot of people using public transit

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Just because something is there doesn't mean it should be. That Sears is in horrible condition, and has a huge amount of land that is under utilized. In addition, Sears is hemorrhaging money. I am not saying it should be torn down. Just redeveloped. Did you know underneath the cladding there is Art Deco detailing? Imagine the possibilities for that space!

Edited by Dakota79
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wait a minute....

 

That Sears in Midtown is still OPEN ?!?

 

I thought it had been closed for years!

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Just because something is there doesn't mean it should be. That Sears is in horrible condition, and has a huge amount of land that is under utilized. In addition, Sears is hemorrhaging money. I am not saying it should be torn down. Just redeveloped. Did you know underneath the cladding there is Art Deco detailing? Imagine the possibilities for that space!

If it us under utilized how would you clasify the parking lot directly east or that huge grass tripple lot to the south? Or the empty lots to the Southwest? Or those lots west around the plaza? Or that empty lot to the north. This thing is surrounded by nothingness on all points of the compass. Its not like we are pressed for space in that location.

On a side note, does metro own that lot the wheeler station is located on? The tracks kinda bisects the lot

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It's still there. I buy tools from them all the time.

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With Sears having bought a Kmart a decade ago, you'd think they could've remerchandised it to better serve the community. It certainly is an old building, and if it survives the year, it would've been operating for 75 years as a Sears! Incredible!

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This was discussed several years ago in another thread.

from what I remember, it is a highly profitable location.

As someone had just mentioned, since mac's closed I have seen an uptick in business there.

They could spruce it up a bit though.

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When I saw this new thread I had a glimmer of hope they were going to do something with this building. I think this one is beyond renovation. Similar to someone's comment above, I was driving down main the other day with a friend and they were shocked the Sears was actually functioning.

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The problem is that Sears Holdings is continuing to circle the drain, and it's a fair bet they won't be around all that much longer.  They are certainly not going to want to spend the money to restore it.  When and if Sears fails, a location like this one isn't going to be a valuable part of the restructuring package.  Unfortunately the omens for this building are very bleak. 

 

 

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I read that the building was no longer owned by Sears and they're leasing it (hence, not a lot of investment in the building). If Sears pulls itself back together (unlikely but possible), the Midtown Sears would probably be updated on the inside. If Sears not only pulled itself back together but bought the building, they would likely sell it (land value's high) or at best, renovate the exterior to something modern/boring. If Sears died and the store closed entirely, the Art Deco facade would be restored and it would be torn down for yet another boring development.

 

Sears and this building probably don't have a lot of years left, but the demise of both will probably be hand in hand.

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I read that the building was no longer owned by Sears and they're leasing it (hence, not a lot of investment in the building). If Sears pulls itself back together (unlikely but possible), the Midtown Sears would probably be updated on the inside. If Sears not only pulled itself back together but bought the building, they would likely sell it (land value's high) or at best, renovate the exterior to something modern/boring. If Sears died and the store closed entirely, the Art Deco facade would be restored and it would be torn down for yet another boring development.

 

Sears and this building probably don't have a lot of years left, but the demise of both will probably be hand in hand.

 

You've posted this bad information about the Sears property ownership before and I've corrected you before.  (On the earlier occasion you told us the property was owned by Rice University.)

 

The midtown Sears property is owned by Sears.

 

Sears has not been investing in any of their stores for quite some time, whether owned or leased (I think they own most of their stores).  That is just one of their many many problems.

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You've posted this bad information about the Sears property ownership before and I've corrected you before. (On the earlier occasion you told us the property was owned by Rice University.)

The midtown Sears property is owned by Sears.

Sears has not been investing in any of their stores for quite some time, whether owned or leased (I think they own most of their stores). That is just one of their many many problems.

I remember having that discussion. What I find more interesting from your link, though, is that the physical condition of the building is considered "unsound".

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The building is valued at $42,556, but the land is valued at $5,175,000.

 

That's $0.21 per square foot of building, but $46.00 per square foot of land.

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Given that houses in far better condition in the Loop are being knocked down for new townhomes, unless this Sears is a huge success, it really makes a lot of economic sense to close this location, knock down the building, and sell the land.

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I dig this Sears. I pass by it everyday on 59. The fiesta sign at night really throws in the pizazz.

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I dig this Sears. I pass by it everyday on 59. The fiesta sign at night really throws in the pizazz.

No, I don't have anything against it. If they remerchandised it and restored the facade, well, that'd be awesome. But between the woes of Sears Holdings and the poor condition of the building, it isn't likely it will be around for much longer.

Edited by IronTiger

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Better yet, Sears should rehab the building back to it's original Art Delco design and use it as an anchor for a area wild remake of the area!

 

just a through or two

 

Rick

Houston

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l.jpg

l.jpg

 

For those who don't know/remember what the store looked like, this can be added to this thread.

Edited by The Pragmatist
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Reading about how the Sears in Six Corners, Chicago, recently celebrated 75 years last year (it opened 1938). Could a similar event happen for the Midtown Sears this year? I hope so.

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To Pragmatist: Thank you for sharing those great photos. I haven't seen them before. Someone (even Sears) could do something great with that building.

Edited by Dakota79

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Sears renovating by taking off cladding from great art deco architecture---GREAT IDEA!

The Renovation (Great paint job) of old Cleburne Cafeteria--Great idea

More Great ideas are needed for this section of Midtown.

I'm hoping that Half-price Books will move into this area "If and When" the location on Westheimer and Montrose gets booted.

Edited by trymahjong

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Sears is pretty much occupied trying to figure out whether they can make their stores relevant in the 21st century.  I wouldn't expect them to devote any effort to renovating individual locations (especially individual locations where they don't have any competition), anytime in the near future.

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Given that houses in far better condition in the Loop are being knocked down for new townhomes, unless this Sears is a huge success, it really makes a lot of economic sense to close this location, knock down the building, and sell the land.

 

Something very tall would have to go here... Perhaps mixed use.

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