Tenant Pays: Electricity, Gas, Insurance.
Raan was a retail pioneer in downtown L.A.’s Arts District, where he operated the flagship for the now-defunct Apolis men’s wear label and a now-shuttered outpost of Alchemy Works. But our mentality is trying to create a Chamber of Commerce with a gallery-neutral identity that shows up regionally, and finding how it can best service and accommodate a community.”
“Retail was fragile prior to COVID-19.…Department stores have held our industry hostage. “We have had to reimagine it two to three times,” Raan Parton acknowledged, pointing to the pandemic’s effect on brand viability, both for the new Free Market and the one in Denver, where the mix of digitally native and regional brands has shifted in recent months (Beautycounter is still a top performer Jenni Kayne and AYR have moved out Base Coat and The Refillery are moving in). “Free Market is going to set up really well for that, for retailers to identify a space, get their doors open within 30 days and be selling product - and be next to great adjacencies with a great customer base.” “People will be looking to get stores open and see an increase in revenue any way they can for the balance of the year,” he added. as it did in downtown Denver,” said Stenn Parton of the vision DJM has brought to Runway in its two years as a development partner, during which it’s re-branded the project with an acre of outdoor public space more elevated, localized tenants, and flexible leasing options.įree Market Playa Vista is offering leases for five 1,000-square-foot spaces and four pop-ups, with one still left to rent in each category. hasn’t traditionally had a strong retail presence, but retailers trust the Free Market team as merchants, and Free Market has the same opportunity to be a catalyst for retail in West L.A. The first Free Market opened in downtown Denver in May 2019.įree Market Playa Vista will feature the Parton’s own multibrand retail store Alchemy Works, which stocks clothing and accessories brands Janessa Leoné, I Stole My Boyfriend’s Shirt, Freda Salvador, Lizzie Fortunato and others County Line Florals, a debut flower shop and subscription service from actress Abigail Spencer Urbanic Paper Boutique the Joliet bar from Ben Adams, who launched the popular Know Where Bar in Hollywood Jeni’s Splendid Ice Creams, and local L.A.