Bativac
Jr. Member
Posts: 64
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« Reply #30 on: October 21, 2009, 07:52:00 AM » |
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This is a real shame. I go to this Panera at least once a week. Their coffee is excellent, I like their bagels (yeah, yeah, I know), and the employees are always pleasant. I hope they're able to find decent jobs elsewhere. My dad and I checked into some San Marco places out of curiosity (we were gonna open an art gallery) and the rents are pretty outrageous. My fiancee worked for a lady who owned a Curves gym in San Marco and had to shut it down due to the high rent (well, that and the outrageous franchise fees). Are landlords really that greedy and short sighted?
Can someone reccommend another Panera-ish type of place that's open on weekends where I can get a good cup of coffee and a chocolate chip bagel?
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Ernest Street
Full Member
Posts: 164
Neighborhood Watchdog
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« Reply #31 on: October 21, 2009, 09:51:41 AM » |
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Are landlords really that greedy and short sighted?
Yes they are. And from seeing the phone numbers on a lot of realty signs, there are also a lot of long distance landlords that have no clue how bad it has been in Jax. |
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« Last Edit: October 21, 2009, 09:57:44 AM by Ernest Street »
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strider
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« Reply #32 on: October 21, 2009, 10:16:14 AM » |
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Any closing in this economy is not good.
How could landlords possibly be greedy when there are so many places available? It is definitely a renters' market.
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"My father says that almost the whole world is asleep. Everybody you know. Everybody you see. Everybody you talk to. He says that only a few people are awake and they live in a state of constant total amazement." Patrica, Joe VS the Volcano.
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lindab
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« Reply #33 on: October 21, 2009, 10:30:08 AM » |
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A renter in hand is better than potential renters in the bush.
Aren't these the same guys that got into a fuss with RAP over moving an historic house for a new development?
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Bativac
Jr. Member
Posts: 64
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« Reply #34 on: October 21, 2009, 11:06:09 AM » |
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Are landlords really that greedy and short sighted?
Yes they are. And from seeing the phone numbers on a lot of realty signs, there are also a lot of long distance landlords that have no clue how bad it has been in Jax. I noticed the same thing. Out of town landlords are disconnected from the local reality, I guess. So what happens? The rent is too high, nobody can afford it, the economy slows, more businesses shut down, more buildings are empty... and businesses that CAN afford the rent don't want to be the only shop open in the middle of a ghost town... So the buildings sit vacant forever? Why don't they, I don't know, lower the rent to start, with an option to increase the rent at the end of a term specified in the lease contract? I don't expect property owners to "care" about the local economy, but from a business standpoint, if you can turn the area into a "hip" place by lowering the rents and allowing more interesting shops to move in, you'll reap a greater benefit than just letting the building sit vacant until someone is willing to pay your outrageous monthly rent... right? |
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thirdeye
Newbie
Posts: 48
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« Reply #35 on: October 21, 2009, 11:21:19 AM » |
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From my experience, while searching for my brewery location, is that most landlords in this town would rather have an empty building than take $2 less a square foot. They also want you, as the tenant, to make improvements to their building in exchange for the "privilege" to lease from them.
I have a friend in San Marco whose landlord raised his rent and he had to sell his business. Shocking in this market, but in-town property owners are just as clueless.
Most landlords in this town get what they deserve...(maybe I should not have said that!)
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riverside planner
Newbie
Posts: 40
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« Reply #36 on: October 21, 2009, 11:23:16 AM » |
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Aren't these the same guys that got into a fuss with RAP over moving an historic house for a new development?
Yes. He also was proposing a 4 or 5 story project that would have been shoe-horned on the corner lot by Mossfire Grill. That lot has been entitled through a PUD, cleared and is now on the market for what I understand to be a ludicrous amount of money. In my experience, he has not been the most reasonable person to work with. |
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stephendare
Metro Jacksonville
Hero Member
Posts: 15143
truth beauty art and love
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« Reply #37 on: October 21, 2009, 11:42:13 AM » |
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Yeah, the greed is kindof crazy. And people get what they deserve.
When Boomtown was in Springfield, our rent started at 12k a year, and we pumped 150k into the building itself the first year.
When the property values rapidly rose as a result of all our activity, Rick Bateh tried several times to sell the building, couldnt do that with out option to buy, and so filed an eviction suit (he is an attorney) at which he failed miserably. Finally our lease ran out. Bateh's new asking price was 72k a year. For slightly more we moved to Hemming Park in a building that at least had working air conditioning.
The property has sat empty ever since.
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Bativac
Jr. Member
Posts: 64
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« Reply #38 on: October 21, 2009, 12:45:50 PM » |
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From my experience, while searching for my brewery location, is that most landlords in this town would rather have an empty building than take $2 less a square foot. They also want you, as the tenant, to make improvements to their building in exchange for the "privilege" to lease from them.
I have a friend in San Marco whose landlord raised his rent and he had to sell his business. Shocking in this market, but in-town property owners are just as clueless.
Most landlords in this town get what they deserve...(maybe I should not have said that!)
This seems to be the case in some vacant downtown locations as well. Property owners are unwilling to perform basic upgrades to their property (seriously -- who wants to rent a space with no air conditioning in Florida?! What kind of customers do they expect you to get?) and are of the mind that the space is "worth" something, despite that same space having been vacant for months or years. This makes it difficult for us would-be entrepeneurs to get a business going, outside of running it out of our living rooms (which in my case has worked thus far but just barely). The greed is absurd. I am all for making as much money as legally possible but come on... you aren't gonna make ANY money if you are totally unwilling to make any concessions. That's just common business sense. |
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Cliffs_Daughter
Full Member
Posts: 210
Lost in the "44" zone
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« Reply #39 on: October 21, 2009, 01:17:56 PM » |
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I was just thinking... that "for sale" sign next to Panera has been there for a long time. Several months in fact.
Oh well. Parking was a ***** anyway, so going there for lunch was not always practical.
And I can always go to the Roosevelt location if I get a craving.
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"Unless someone like you cares a whole awful lot, Nothing's going to get better - it's not."
I'm just plunking pennies into the various fountains of opinion, wishing for a better tomorrow.
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Dan B
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« Reply #40 on: October 21, 2009, 05:12:37 PM » |
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What about the building just south of Chan's?
Has environmental issues, and the owner (Hionides) doesn't want to do anything with the building until it is cleared (this may have happened, I haven't looked into it in a while) Just spoke to Petras property manager about this building. He said while the environmental are still a concern, they are going to try to put a plan together to make it lease-able in the not too horribly distant future. This is great news, even just a new roof and some glass would make that building a real gem again. |
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Bewler
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« Reply #41 on: November 06, 2009, 04:12:46 PM » |
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They never would have had this problem if they did like I’ve always suggested and changed their name to Pantera Bread.
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Conformulate. Be conformulatable!
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David
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« Reply #42 on: November 06, 2009, 04:23:09 PM » |
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That would be the most metal of breads. RORRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR Not a bad idea, that's what the guys from the Metalocalypse did for coffee. ::death-metal voice:: Do you folks like coffee? real coffee? From the hills of Columbia..........french vanilla roast, time for a cup! http://www.youtube.com/watch?v=M4zYdav57SA |
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« Last Edit: November 06, 2009, 04:25:45 PM by David »
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Traveller
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« Reply #43 on: November 06, 2009, 04:56:27 PM » |
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They never would have had this problem if they did like I’ve always suggested and changed their name to Pantera Bread.
You keep this LOAF! (wheat) LOAF! (rye) LOAF! (white) You keep this LOAF! LOAF! LOAF! http://www.youtube.com/watch?v=nsHnigAMBNc |
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Bewler
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« Reply #44 on: November 06, 2009, 05:14:36 PM » |
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I'll have to check it out later Dave, Youtube is currently inaccessible for me.
You keep this LOAF! (wheat) LOAF! (rye) LOAF! (white)
You keep this LOAF! LOAF! LOAF!
HAHAHA, good one. That’ll be the official song. As for a slogan? “We’re baking over this town” |
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« Last Edit: November 06, 2009, 05:26:07 PM by Bewler »
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Conformulate. Be conformulatable!
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