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PostApr 19, 2014#301

wabash wrote:...a developer could give them cheap space to help fill up a building. ... Maybe someone else can start picking up the tab.
Following that thought, one could say that Left Bank's departure, while a loss, is actually a sign of downtown's resurgence. Left Bank's downtown store was a potemkin village. From a business perspective, it was never more than that. Now that a real village has developed around it, the potemkin one is no longer necessary.

They got free rent five years ago to fill up space and give an appearance of health to what at the time was a very empty part of town. (That was pre-Culinaria.) Developers subsidized the business for a season to help rent other space in the neighborhood. After five years, the neighborhood is doing much better, and the rent from that space looks more valuable to the developer than having a rent-free bookstore there.

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PostApr 19, 2014#302

Is there any retail stores downtown that sells house hold items like dish soap ,shampoo , table ware and ect?
If not I think downtown needs retail people need not just specialty shops

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PostApr 19, 2014#303

I agree with Presbyterian.. When i read about this i didn't feel angry or anything other than downtown is becoming that place where people desire to be. Still downtown can definitely step up its game with a few big retail announcements something that will not only accommodate visitors but those who live and call it home.. In all i think the City in a whole is on the verge of a exceptional boom baring economy.

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PostApr 19, 2014#304

Could David Bailey be ready to expand Bridge?

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PostApr 19, 2014#305

Sad but not surprised. When I worked downtown, I would go frequently and made about half-dozen charity purchases. But wow, compared to other bookstores and even their CWE location, that place was sparse, paltry, meager, empty, bare-bones, vibeless and felt like it was dying the day it opened. It struck me more like 'pop-up' retail with no future commitment. I found it depressing stopped going.

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PostApr 19, 2014#306

Chalupas54 wrote:Downtown St Louis once again is in decline. This needs to be stopped at once. Recently was in St Louis with friends, Downtown Omaha is way more vibrant than St Louis. It is so embarrassing that our beautiful downtown is so unbelievably dead. To be brutally honest, when people I know visit St Louis, I recommend that they stay somewhere near Clayton, where it is much more vibrant.
I understand that you are probably young, so you really don't know - Anyone who says downtown is dead and on the decline has no clue as to how far it has come - in the mid 90's the entire area west of Tucker and north of Locust was just about completely void of activity.

I had friends visit in 95 right out of college and wanted to see Washington Ave during the day after a night of hanging out at 1227 (or what ever name it was then) - at 2:00 pm on a Saturday on a Cardinal game day we were the only ones on a street of mostly boarded up buildings - these people were from all over the Midwest, who were amazed at how dead it was, I was embarrassed for St. Louis that day.

At that time there were more jobs downtown on weekdays so at lunch there was more street activity on Olive, but Olive was a ghost town after 6 because there was no residential at all except for Mansion House - which was all the way east and the residents had no reason to walk around downtown, except for Walgreens in the Century building and some light activity outside of St Louis center downtown was devoid of pedestrians after 6.

As late as 2000, when I was working downtown, if you worked late and wanted a cheap meal you had to go to the Wendy's in the Kiener garage and had to get there before 6 pm when they closed or else you were getting Charlie Gitto's - and that was it if you did not want to spend more than $10.00 for dinner

We have come a long way - things have gotten better - things will get better - we are dealing with a decades time table not a years

PostApr 19, 2014#307

shadrach wrote:Sad but not surprised. When I worked downtown, I would go frequently and made about half-dozen charity purchases. But wow, compared to other bookstores and even their CWE location, that place was sparse, paltry, meager, empty, bare-bones, vibeless and felt like it was dying the day it opened. It struck me more like 'pop-up' retail with no future commitment. I found it depressing stopped going.
The store always seemed a bit sparse, though I was pleased to hear that their receipts grew every year - just not enough to justify the rent increase, which is really what this is all about.

IIRC - when they opened the owners said it was "an experiment" and they got like 2 years free rent - I fully expected them to pack it in in 2010 or 11

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PostApr 19, 2014#308

That location was way too big and cold for an indy bookstore. I think they would have had much more success in a smaller, cozier space on Wash. Ave. Actually, the RFT article posted a tweet by Dick Callow offering them a storefront on Wash. Ave. so we'll see… If they do open a store elsewhere I think Cherokee St. would be a great fit.

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PostApr 20, 2014#309

What is weird is that WHOLE corner, all 4 sides will be empty now. You have that space from left bank books, Syndicate empty retail, the property that might get torn down (old German looking building) and huge empty space in the Farmers building.

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PostApr 20, 2014#310

I was just curious does J Gumbos drawn in any sort of crowd whenever i walked past it and driven past it always seems looked empty as for left bank books they said they'll either expand their current CWE location or find another location within the city. I think preferably they rather be downtown again. I could see them taking up smaller space on Washington Ave

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PostApr 20, 2014#311

zink wrote:What is weird is that WHOLE corner, all 4 sides will be empty now.
That is strange, especially considering one block south Jack Patrick's, Bailey's Range, and Fifth Third are filling up each corner. Getting the OPOP Tower, Arcade, and Chemical filled up can't happen soon enough.

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PostApr 20, 2014#312

Maybe the rents are too high.

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PostApr 22, 2014#313

Here is a small grant program in Cleveland for storefronts:
http://www.cleveland.com/business/index ... _fill.html

Small businesses seeking space in downtown Cleveland's theater district will have a shot at $1,500 to $20,000 in grant funding through a program that has helped fill other empty storefronts in the city.

The Charter One Foundation and the Downtown Cleveland Alliance announced Monday that they've teamed up with Playhouse Square to launch a grant competition that ends May 16. The money, $20,000 in all, could help a handful of businesses or a single entrepreneur cover start-up costs such as rent, equipment and fixtures.


Seems like a no-brainer to me.

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PostApr 23, 2014#314

Despite what the P-D article implied, it is my understanding that LBB has never paid rent, nor did any proposed lease terms involve paying rent. So, that's just to clarify that LBB is probably not seeking a 'better deal' on renting a particular space, unless maybe they thought the current location had high utility costs, or some other factor unrelated to the lease.

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PostApr 23, 2014#315

I have seen buildings leave their current tenant in the building , but still advertise it for lease. Win/win

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PostApr 23, 2014#316

^Except there is no need to do so. LBB has been offered free rent regardless.

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PostApr 23, 2014#317

bprop wrote:Despite what the P-D article implied, it is my understanding that LBB has never paid rent, nor did any proposed lease terms involve paying rent. So, that's just to clarify that LBB is probably not seeking a 'better deal' on renting a particular space, unless maybe they thought the current location had high utility costs, or some other factor unrelated to the lease.
The PD article was very misleading and was written to foster the perception of decline.

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PostApr 23, 2014#318

I guess you could read it one of two ways. The way they wrote it, as someone pointed out, could be interprested, "Hey look, the landlord has leads on a paying tenant and no longer wants to offer free rent." Unfortunately that's not the case. The landlord couldn't give away that space to LBB. Maybe someone else can benefit from a very lucrative lease, but that doesn't seem to speak very well for retail downtown if it has to be given away.

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PostApr 23, 2014#319

bprop wrote:I guess you could read it one of two ways. The way they wrote it, as someone pointed out, could be interprested, "Hey look, the landlord has leads on a paying tenant and no longer wants to offer free rent." Unfortunately that's not the case. The landlord couldn't give away that space to LBB. Maybe someone else can benefit from a very lucrative lease, but that doesn't seem to speak very well for retail downtown if it has to be given away.
How do you know they don't have any leads?

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PostApr 23, 2014#320

I can't say here unfortunately. So I totally understand if you take it for what it's worth.

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PostApr 23, 2014#321

bprop wrote: The landlord couldn't give away that space to LBB.
I still don't see why this would surprise people. Even though downtown is adding residents, its still bleeding jobs. So if 80% of those residents leave during the day, then the daytime traffic of downtown is still on the decline. If your retail relies on daytime traffic only. . .why would downtown be a favorable place for these businesses now?

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PostApr 23, 2014#322

bigmclargehuge wrote:
bprop wrote: The landlord couldn't give away that space to LBB.
I still don't see why this would surprise people. Even though downtown is adding residents, its still bleeding jobs. So if 80% of those residents leave during the day, then the daytime traffic of downtown is still on the decline. If your retail relies on daytime traffic only. . .why would downtown be a favorable place for these businesses now?
How do you know downtown is bleeding jobs? What evidence is there?

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PostApr 23, 2014#323

^ Bleeding may be a bit much but its hard to say; certainly things aren't great. With continued shedding of AT&T and Laclede Gas on its way out, it is concerning. We've had some small gains here and there, but we totally lack any office jobs momentum in the core of the core.

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PostApr 23, 2014#324

Laclede Gas is staying downtown. No word on the impact ATT has had yet so it's hard to say DT is bleeding jobs. How do you know that other companies downtown haven't expanded?

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PostApr 23, 2014#325

downtown2007 wrote:Laclede Gas is staying downtown. No word on the impact ATT has had yet so it's hard to say DT is bleeding jobs. How do you know that other companies downtown haven't expanded?
Bleeding may be a stretch. . .stagnent or still loosing is a reality and various articles support this.

AT&T has gradually been shrinking, enough so to close an entire building.(The damange has been done)

GSA moving 900 jobs out. The closing of Macys and all the sales, support staff. I would bet that is 1200 right there.(Combined with GSA). Wellpoint jobs cuts, etc.

Downtown 2007 please enlighten us as why you seem to think downtown job market is so positive...

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