No Dillard's in Chenal | Arkansas Blog

Thursday, October 19, 2006

No Dillard's in Chenal

Posted By on Thu, Oct 19, 2006 at 7:22 PM

We had a pleasant chat Thursday with reps for a company doing media work for Red Development of Kansas City, which will be building the Promenade at Chenal, an upscale shopping center long discussed at Chenal and Rahling. The land recently changed hands from Deltic to the development group and developers have begun work on planning, tenant recruiting, etc.

It was an occasion to ask about a hot rumor -- that the "lifestyle center," originally said to include a Parisian and then later a Dillard's instead -- would not have a Dillard's after all.

The rumor is true. Said a spokesman:

"Red has a tremendous success rate at getting exactly the right tenant mix in place. Early on there were discussions between Red and Dillard's. There never was a lease in place. Considering all the possible tenant mixes, Red decided to go forward in the development without Dillard's."

 

The Red people were not in a position naturally to shed any light on the second half of the rumor, that Dillard's might be in the mix for a shopping center proposed by a Dallas developer in Otter Creek, at Interstates 30 and 430. That was the original dream for a shopping center there years ago, but the plan has been moribund until plans were filed with the city for the Gateway Towne Center, which would include a 200,000-square-foot anchor.

 

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