"RH (Restoration Hardware) and the owner of Broadway Plaza intend to launch a wide-ranging redevelopment at the corner of South Main Street and Mount Diablo Boulevard, which is a key corner of one of California's top-notch retail hubs. The proposal being floated by RH and real estate titan Macerich would demolish the long-empty Neiman Marcus department store and another building on a site that has addresses of 1401 Mt. Diablo Blvd. and 1000 South Main St., city files show."
""The project includes a new full-service restaurant totaling approximately 2,700 square feet, designed as a fully enclosed glass conservatory structure," a Walnut Creek planning staff report states. People would be able to access the restaurant through four alleyways between the new buildings. "RH Gallery will be an inspiring integration of food, wine, art, and design with an immersive retail experience," Douglas Healey, a Macerich senior executive vice president for leasing, said during a conference call with Wall Street analysts."
"The Neiman Marcus store in downtown Walnut Creek shut its doors in 2021 in the wake of the bankruptcy filing in 2020 by the Neiman Marcus luxury retail store chain. The prime site, perched on one of the Bay Area's most prominent commercial intersections, has been empty ever since. The new endeavor is a reminder that investors still hunger for excellent locations despite difficult times for the retail sector, Healey said during the conference call."
RH and Macerich propose demolishing the long-empty Neiman Marcus store and another building at 1401 Mt. Diablo Blvd. and 1000 South Main St. in downtown Walnut Creek to build a 29,900-square-foot commercial hub. The development would include an approximately 2,700-square-foot fully enclosed glass conservatory restaurant accessed via four alleyways, four retail galleries, extensive landscaping, and an RH Gallery that integrates food, wine, art, and design into an immersive retail experience. The site has been vacant since Neiman Marcus closed in 2021. The project is expected to create well over 100 jobs and reposition a prominent Bay Area retail intersection.
Read at The Mercury News
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