I would prefer a Lord & Taylor downtown to a saks... I doubt that HBC would open up their only non-Canadian Bay when they could just open up Lord & Taylor... [[The Bay and Lord & Taylor make up their "department store group", and Saks is a separate division)

That said... I doubt they would... but then again... Baker is really into real estate plays, so if the price was right...

Soft luxury is what I think downtown is most likely to see first. Barney's couldn't even make it in somerset... Unless the conference industry really took off in Vegas like proportions. Then.. maybe...