I might be in the minority on this thread but I actually hope Northpark doesn't expand too much more with a second floor. I would much rather them invest with renovating and updating the existing mall which is already enormous. The fountain area around Dillard's just looks awful. That whole part of the mall looks beyond old and has deteriorated significantly over time, clearly all of Northpark's time and energy goes into pumping up the "new luxury" wing between Neiman's and Nordstrom.
Clearly with moves like adding Akola and Ruti they are going for a differentiation strategy which I think is great. No matter how great the stores are, if they are all chain stores found in every other great mall/shopping street in the country, it will be extremely boring. I also think they are a bit too hyper with their stores constantly opening and closing. Tory Sport was open for a few months and then moved. Surgafina is moving to what was going to be the NARS space. What happened to NARS? Diesel closed, and though it's not exactly the country's most "it" retailer, making them go was an iffy decision in my opinion. I would like them to close down Macy's and build an Eataly with some sort of walkable green space/gardens around it.
People need to realize Northpark can be a powerhouse retail destination in the city, but it can't be the "be all end all" of shopping in DFW. Look at the brands Reformation and Garrett Leight Optical, 2 extremely cool coastal retailers who just expanded inland- both just moved to Knox Henderson. Half the stores in HP Village would not in a million years move into a mall, even a luxury minded mall like Northpark.
Jasimm- I completely agree about Anthro in HP Village. It's an enormous store and only a matter of time to see how long they stay. Both Filson and Shinola were kicked out of HPV to make room for Cartier, thus signaling a top tier retail strategy is their end game. I'd love them to cut that space into smaller stores for brands like Goyard or Loewe (the "it" Spanish brand of the moment which would resonate extremely well with Mexican travelers). Or it'd interesting if the space was turned into a restaurant expanding from another city like Sadelle's in New York, a high end Jewish restaurant extremely popular for brunch.
Highland Park Village is actually doing just fine. Maybe not every store is having blowout numbers- (I'm always curious about Giuseppe Zannoti), but overall their sales are just fine. Hermes expanded last year. No store expands unless they are doing fantastically.
What HPVillage really needs is to fix their parking lot. The actual stores are gorgeous, but the parking lot honestly looks awful and when is completely full looks like a car dealership. It would cause screams that could be heard on Neptune- but I think they should take away 1/3 of the parking, expand the spots just a little bit, and even make the entire street cobblestone or brick, or another high end material. The sidewalks in front of all the stores should be expanded by 2-3 feet. They have that surface lot just north of Mockingbird which could have underground parking or a second level, and it wouldn't look to bad if they continued the Spanish style architecture.
HP Village is basically full, and though some stores have closed at Northpark due to their own company bankruptcies- BGBG and American Apparel most obviously, Northpark still doesn't have tons of room for newcomers. It will really be Knox Henderson who will undoubtedly become the new destination for smaller retailers that don't have a massive footprint and want a cooler, lower key area.
Downtown will continue to be a place for rare product retailers. I believe Bang and Olufsen was going to open on Main Street but I have heard nothing new about that. I wouldn't be surprised if b8ta, which has stores in Austin and Houston opened Downtown.
tamtagon- I also totally agree with your point. Our city's retail scene will only grow in importance and vibrancy as we continue to see population growth in Uptown, Oak Lawn, Downtown, West Dallas, and Oak Cliff. Smaller boutiques will continue opening in core neighborhoods, and I wouldn't be surprised if By George, a small luxury boutique like Tenoversix based in Austin opened up in West Dallas.