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AAPL Stock: 502.12 ( -0.09 )

Bay Area, Washington DC stores en route

updated 10:30 am EDT, Thu October 11, 2007

Three new Apple stores


Apple is laying the groundwork for three new retail stores, according to separate reports. The first is a potential addition to the San Francisco Bay Area, in this instance within the town of Brentwood, located in the Sacramento River delta. A developer by the name of Continental Real Estate is constructing the Streets of Brentwood "lifestyle" mall, which will open in late 2008 or early 2009; Apple is one of the companies expressing interest in becoming an initial tenant. The location is said to be an unusual choice if Apple commits, as Brentwood is relatively remote. The town's average household income is $97,000 however, and approximately 250,000 people live within 15 minutes' distance of the future location.

One confirmed location is in the Georgetown district of Washington, DC. Princeton Investment Corporation has sold 1229 Wisconsin Ave. NW to Apple, a spot currently occupied by the French Connection clothing store. Negotiations are said to have taken several months.

MacNN meanwhile has obtained information that a store is being built at the Mall of Louisiana, found in Baton Rouge. The shop will not actually be built within the mall, but rather in an outside development as a free-standing structure. It should occupy 4,919 square feet, and feature stainless-steel wall panels in its sales area.

News of these outlets follows quickly after reports of progress on fourth and fifth New York City stores, locations in Sydney and Melbourne Australia, and the building of 10 iStores in India, not directly operated by Apple.


by MacNN Staff

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Comments

  1. malckwan

    Fresh-Faced Recruit

    Joined: Aug 2007

    0

    Sacramento is not BayArea

    Sacramento is not really considered part of the San Francisco Bay Area being so far north in the State's capital...

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