Filene's Basement wants return to original store
January 4, 2010 01:27 PM E-mail| |Comments (4)| Text size ? +
By Casey Ross and Jenn Abelson, Globe Staff
Despite doubts raised by Mayor Thomas M. Menino, Filene's Basement today said it is still hoping to return to its original store in Downtown Crossing, which is currently the site of an long-idled construction project.
Filene's Basement president Mark Shulman said he is still discussing the matter with the development team that is hoping to rebuild the Filene's block in downtown Boston into a mixed-used complex.
"We would love to be back there if they ever built anything," Shulman said. Developers Gale International and Vornado Realty Trust have been unable to proceed with their planned $700 million redevelopment due to a lack of funding.
During a radio interview this morning, Menino said he doubted Filene's Basement would return to the site.
"I don't think you'll ever see a Filene's Basement there again, but we have some new ideas for that area," Menino said in an interview with 90.9 (WBUR FM). "It's close to the financial center of our city -- what about a financial center there?"
Although his comments appeared to be off-the-cuff, Menino also said the site could accommodate a parking garage, suggesting that he is actively considering possible alternatives to the Gale/Vornado project.
Neither developer was available to comment.
Shulman said he knew nothing of plans for a parking lot, but added that Filene's Basement is also looking for other possible locations in downtown Boston.
"We haven't found anything yet in Downtown Crossing," Shulman said.
Filene's Basement declared bankruptcy last summer and was acquired by Syms Corp, another discount clothing retailer.