Sunday, March 19, 2006
Vietnamese Refugee Becomes Developer
Editor's Note: Interestingly, the subject of this article apparently spells his last name "Wynn" rather than what has become the convention "Nguyen," which is in fact pronounced "win."
THEMED
SHOPPING CENTER RISING IN FREMONT
The
country's first internationally themed shopping mall, reminiscent of a high-end
Disney Epcot village, where visitors dine in faux-France and snap up saris from
India, is expected to find a home in Fremont next year.
The
mall is the brainchild of developer John Wynn, 51, of San Jose, who fled
Vietnam to build a better life. Now he's building his most ambitious dream as a
tribute to the country he says allowed him to prosper beyond his expectations.
In
this open-air mall just off Interstate 880, Wynn hopes not only to make a
profit, but also to build a community gathering place reflecting the diversity
of the Bay Area and Fremont, where its 210,000 residents hail from 155 countries
and speak 137 languages.
``I
was a `poor boy,' a `bad luck' boy,'' said a cheerful Wynn, who changed his
surname from Nguyen to reflect his proud assimilation despite a thick accent
and intense memories of the past. ``And with a lot of hard work I fulfilled my
dream.''
He
and his wife, Marie Le, raised four boys, built a flourishing commercial real
estate business, and now, he said, his ``dream got bigger.''
``This
country helped me,'' he said. ``It takes in anybody. I want to send a message
to the world that we are all one.''
And
where better to showcase this harmony, Wynn figures, than at the quintessential
American shopping experience: a mall? In Wynn's vision, the various regions of
the globe will sit happily next to each other in ``villages'' architecturally
designed to represent India, China, Japan, Korea, Vietnam and countries in
Europe, Latin America and the United States. The shops are expected to sell
goods reflecting those countries. Wynn hopes the 460,000-square-foot mall at
6000 Stevenson Blvd., called the Globe, will be finished at the end of 2007.
Currently,
the ``Saigon Village'' section of the mall is under construction, in a space
now inhabited by a hodgepodge of drab-looking furniture stores, which must
eventually move out so the buildings can be torn down.
Wynn's
team bristles at a comparison to Disney's Epcot theme park in Florida, which
features pavilions that look and feel like miniature countries. As Fred Kim,
one of Wynn's staff members, puts it, the Globe won't be as ``cheesy'' as
Disney.
Last
week, the Fremont City Council unanimously approved a crucial step in Wynn's
plans, essentially giving him the go-ahead for his project. They voted to
rezone the property from industrial use to high-volume retail.
Now,
the 47-acre plot that Wynn bought for $68 million last summer is ready for koi
ponds, metal latticework and a Spanish fountain.
In
the heart of the mall, Wynn envisions visitors doing tai chi, playing chess and
Chinese checkers, sniffing cherry blossoms, and watching fashion shows with the
latest styles from France and Italy, or Bollywood dancing on water fountains
that convert into community stages.
Inspired
by marketplaces in Singapore, London and New York, Wynn plans to spend about
$130 million more on the project -- all private money from his Milpitas firm,
Imperial Investment & Development. He wants to work quickly and more
independently than if he asked Fremont's redevelopment agency for help.
Wynn's
business model is to buy blighted shopping centers and fix them up. Wynn's
family and partners own the Vietnamese-oriented Grand Century Shopping Mall and
Vietnam Town, both in San Jose; Milpitas Plaza; Vallco Fashion Park in
Cupertino; and Santa Clara Square.
In
paving the way for the new mall, council members lamented that Fremont
consumers spend $900 million annually in retail dollars -- but in neighboring
communities.
``This
could be magic,'' said Fremont Councilwoman Anu Natarajan, an architect born in
India, who earlier suggested to Wynn's staff that they add modern touches to
the Little India section of the mall.
But
Natarajan warned that the mall must have a stable team of tenants, be centrally
managed and provide adequate parking. Also, Natarajan said, the execution of
the plan must be sophisticated: ``There's a thin line between a great concept
and a Disneyfied mockery of cultures.''
Wynn
remained unwaveringly upbeat. Choosing not to speak publicly with his
staccato-sounding English, Wynn hired a former Fremont planning director to
tell the council that the Globe has letters of intent from retailers -- such as
Jackie's Kitchen, owned by Jackie Chan, and Miss Saigon fashions -- to fill
slightly more than half the mall space. Wynn also said he's talking to Paolo's
Italian restaurant, an Austrian winery and a German brew pub.
No
one, according to the International Council of Shopping Centers in New York,
has created an entire globe in one shopping mall.
``This
gentleman is thinking what `outside the box' could be. He's pushing it to the
next level,'' said ICSC spokeswoman Patrice Duker. ``But will it work? We'll
just have to wait and see. It's ultimately the consumer who decides.''
Two
big concerns for the Globe, Duker noted, are the kind of anchor tenants it can
attract and whether independent shops can afford the mall rents. Even casual
observers wonder whether shoppers from around the bay will trek to Fremont, a
family-friendly but architecturally bland city.
If
the Globe's shoppers are counting on DeAnn Martin, 65, of Fremont, then there
are challenges ahead.
``I'll
stick with The Hub or NewPark Mall,'' Martin said recently while loading her
car trunk full of Target bags, referring to two nearby traditional malls. ``I'm
just basic.''
But
if the mall's success hinges on shoppers such as Brenda LaCosse, then Wynn has
a good chance of realizing his dream. LaCosse said she would ``definitely'' try
it out because she's ``sick of driving to Palo Alto for nice restaurants.''
Wynn
admits he's a man with big dreams. His father died when he was 8, and he's
worked ever since: delivering newspapers, tutoring rich kids, doing menial
jobs. Wynn came to the United States in 1975, after a lieutenant scooped him
aboard a helicopter leaving Vietnam outside the American Embassy. Wynn's first
stop was Guam, then Arkansas, and finally California. He signed up for welfare.
But 15 days later, he landed a job at a hospital moving dead bodies.
About
30 years ago, he took a real estate seminar as a way to earn extra income, and
began attending night school at San Jose's Phoenix University, earning a degree
in business administration. He's been a developer since 1985.
Today,
Wynn is acutely aware of his good fortune. He's proud that his second-oldest,
Joseph Nguyen, 27, is his director of sales and acquisitions.
``I'm no more `bad luck' boy,'' Wynn said.
``Dreams like mine only happen in America.''
Source: San Jose Mercury News
bh
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