Developer Drops More Hints on New Hine Retail
by Larry Janezich
Ken Golding, partner in Stanton Development – one of the Hine developers – and project architect Amy Weinstein were interviewed Tuesday night at the regular Hill Center program “Talk of the Hill” hosted by Bill Press*.
Golding has been playing his cards close to the vest on what retail is coming into the project, but he showed a little of his hand during the interview.
The major takeaways regarding 7th Street retail:
- a tech company (which Golding says he is not allowed to name) and the cosmetic company Sephora will occupy the prime space at the corner of 7th and Pennsylvania Avenue which will be divided into two units.
- an “exercise place” (Golding refused to call it a gym) will occupy space facing 7th Street.
- the corner space fronting on the plaza at 7th and C Streets (which seems a natural place for a restaurant) is not yet leased.
As for the Hine project’s north building:
- an Asian restaurant will land in the space at the corner of 7th and C Streets, closest to Eastern Market.
- the restaurant will join the forthcoming Trickling Springs Creamery and the juicery JRINK. Antiochia Turkish Linens is already open in the north building.
- Golding says JRINK should open within ten days and Trickling Springs is just getting its building permit.
Other news coming out of the interview:
- 25% of the 46 apartments in the Plaza building have been rented.**
- C Street is expected to open at the end of the month.
- the pre-school STEM child care facility is in the process of getting their building permit.
- Golding and Weinstein estimated the project will add some 1,000 residents and office workers to the community.
*Bill Press is a radio talk host, political commentator, and author. He was Chairman of the California Democratic party from 1993 to 1996.
**Press called the Plaza building units “pricey” citing $3200 for a one bedroom. Golding said that “Bozzuto (the management company leasing the apartments) says that’s what the market is. I’m not going to defend it.” He suggested that prices could change after the apartments on 8th Street open next spring.