With J.C. Penney having been dropped as the potential anchor tenant for the 250,000-square-foot Market Street Place development at 935-965 Market Street between Fifth and Sixth Streets, the developers of the future Mid-Market retail complex formerly known as CityPlace are now “in advanced talks with Nordstrom Rack as a potential anchor tenant.”
That being said, with Marshalls having moved to the Phalen Building at 760 Market Street, the owners of 901 Market Street are courting Nordstrom Rack as well.
Regardless, demolition of the existing Mid-Market buildings on the Market Street Place site could start as early as this month according to the San Francisco Business Times.
∙ CityPlace Revived With Plans For J.C. Penney As The Anchor Tenant [SocketSite]
∙ Details To Augment Designs For “CityPlace” (935-965 Market Street) [SocketSite]