I worry about Dayton's.
Correction, the Store Formerly Known as Dayton's.
My concerns aren't mercantile, they're architectural. Specifically, the pair of mammoth, mismatched facades that stretch a full block on Nicollet Mall and constitute the Dayton's flagship store.
They form one of the city's most enduring landmarks, and although the name on the door has read "Macy's" for the past nine years, for many Minneapolitans — present company included — 700 Nicollet will forever be "Dayton's."
Generations of Minnesotans turned to Dayton's not only to fill their closets and furnish their homes, but to discover the world's latest and greatest. Like most 20th-century downtown department stores, Dayton's was more than a one-stop shopping destination. It was a civilizing force, a social and cultural nexus, an idea factory, a memory maker, the heart of the city, a way of life.
Few local addresses can boast the building's single-purpose longevity; it has served as a department store for 113 years. Teddy Roosevelt was in the White House when the 7th Street building went up. The 8th Street side of the store attained its current appearance shortly after the end of World War II.
From the sidewalk, the store's familiar but immense physical presence makes it tough to ignore. It hits 12 stories at its peak (and sinks two floors below the sidewalk), and its total floor space could fill roughly two-thirds of the IDS Tower.
Investors have been pressing Macy's to boost its sluggish bottom line by cashing in on some of the company's real estate holdings. From the outside looking in, it appears as if 700 Nicollet has a big target on its back.