Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "Restaurant out of business at Cathedral Commons"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote]Nimbies make is hard for small businesses to survive[/quote] This is 100% bass-ackward. If a developer gets his (it's always "his") way and gets to build a 13-story mixed use piece of shit construction over the objection of the people most directly affected, then that developer will want a ROI. Charging high commercial rent for the 1st floor space is one way to ensure ROI. Who can pay for expensive commercial leases? Answer: corporate chains, national banks, mortgage companies. See, e.g. Panera Chipotle CitiBank Silver Diner CAVA WellsFargo OrangeTheory CVS Petco Unleashed Chik-Fil-A MattressFirm Starbucks BlueMercury TrueFood FiveGuys . . . . . occasionally, and typically as an explicit contract agreement as a condition to override local zoning codes, a developer will set aside a small % of the commercial space in the new project that is offered at a below-market rent to a lower-revenue business. That's how you see the one, tiny mom-and-pop nail salon or dry cleaner squeezed in between the CVS and WellsFargo in these millennial dormitories. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics