Midtown Global Market Struggles

The Star Tribune reports that the Midtown Global Market merchants are struggling because of lower than expected sales:

Merchants blame slow sales on a combination of poor marketing, design miscues and misperceptions about area crime. The market’s owners, which recently lowered merchants’ rents, are exploring a range of solutions, from free parking to refrigerated storage service for daytime shoppers.

It’s an interesting place, and I’ve had produce and free range, organic meat there (the only kind I’ll really eat), and it’s good. But I’m one of the estimated 44,000 people within 1 mile of the place, and I’ve only been there twice. While it’s great that they have organic food, it’s expensive, and that doesn’t reflect the low income nature of this part of the city (myself included). They need to have a mix of price ranges, organic or not.

There’s also the perception of high crime in the area, which may be true compared to Wayzata, but I’ve walked miles at night past the Midtown located at Chicago and Lake, and never encountered any problems.

I certainly hope it works out. If you are in the neighborhood, be sure to stop in.

5 Comments so far

  1. Frank (unregistered) on January 4th, 2007 @ 8:51 pm

    Free parking would be nice. I live rather close and enjoy the area a ton (nearest place I can get most of the Jarritos sodas!), but I’m not so close that I can walk and like many Minneasotan’s, I’m not much for the bus. If i’m going to pay to park, why not go downtown, or why not go to the MOA and not pay to park?

    Oy, that was rather suburban of me;)

  2. Erica (unregistered) on January 4th, 2007 @ 9:17 pm

    I really hope this place survives. I’m kind of appalled at the lack of publicity.

    I’ve seen varying opinions on the quality/mix of merchants. Some people have had really great experiences, some not so much. I’ve only ever been there to eat, so I can’t speak to the quality of the shopping, but I’ve never had a bad experience there.

    I think if the place had enough visitors, the right mix of businesses will suss itself out. Supply and demand and all that. But it sounds like the whole dang thing could fail before there’s a chance for that to happen. Which is too bad.

  3. Di (unregistered) on January 6th, 2007 @ 9:33 pm

    I certainly hope the place sticks around! It is a relief and foil to the Mall of America, and a good option for true urban dwellers. That said, the parking policy is VERY confusing – it is SUPPOSED to be free parking in the ramp for anyone who stays less than three hours, but it’s completely unclear who is supposed to give you a validation stamp and store owners give conflicting information on that all the time.

    The place is filled to the brim with first time business owners and the more experienced. I know I hope the place continues!

  4. Matt (unregistered) on January 8th, 2007 @ 11:11 am

    I agree. I love the place and would go there all the time if it weren’t for the parking situation. I live in SW mpls. I like using the bus but the area isn’t exactly a bus hub. It’s all about parking otherwise this project will go the way of Calhoun Square, Riverplace, St. Anthony main. etc.

  5. T.Sothiphakhak (unregistered) on January 23rd, 2007 @ 3:51 pm

    Hi i live in the midtown and i find it very convenient shopping. Hope it works out.

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