Food court at the Landing closed...

thelakelander · January 30, 2019, 08:53:04 AM

^I think that will depend on who wins the case.

Snaketoz · January 30, 2019, 09:08:53 AM

How can Sleiman lose?

vicupstate · January 30, 2019, 09:43:03 AM

If Sleiman wins the case, whenever it is even heard, but all the tenants have closed shop in the mean time, what does he do then?

thelakelander · January 30, 2019, 10:15:39 AM

Waterside in Norfolk was completely closed when Cordish converted it a few years back. Much easier to renovate or modify an empty space as opposed to an occupied one. Sleiman is a major retail developer with properties all over the place and outside of Jax. It's not like an empty Landing is going to bankrupt Sleiman.

Kiva · January 30, 2019, 12:27:35 PM

Quote from: remc86007 on January 29, 2019, 07:49:04 PM
I don't understand what the mayor's goal is with the landing. Sleiman has to be running quite a loss if he's writing $1.2 mil in rent checks every year for it, but I guess he figures it is worth holding up his end of the lease so he has the property when something eventually happens.

The JBJ article stated that the $100,000 check was the "annual lease check", not monthly.

Snaketoz · January 30, 2019, 02:09:37 PM

With good attorneys I think they can show that Curry (Boy wonder) has sabotaged any hope that Tony can make the Landing successful. I never liked Curry, but I think what he's done to keep his benefactors happy is a disgrace. He will do anything to keep $had happy.

vicupstate · January 30, 2019, 03:22:20 PM

Quote from: thelakelander on January 30, 2019, 10:15:39 AM
Waterside in Norfolk was completely closed when Cordish converted it a few years back. Much easier to renovate or modify an empty space as opposed to an occupied one. Sleiman is a major retail developer with properties all over the place and outside of Jax. It's not like an empty Landing is going to bankrupt Sleiman.

If the Landing loses most of its tenants and Cordish builds what can only be considered a direct competitor, with tax dollars to boot, how does Sleiman justify to himself much less a lender or potential tenant, investing in a total reboot of the Landing?

Yes, he will be fine financially if he did nothing with the property, but he didn't get wealthy investing in white elephants either.

remc86007 · January 30, 2019, 03:35:40 PM

[/quote]
The JBJ article stated that the $100,000 check was the "annual lease check", not monthly.
[/quote]

That makes more sense. I should have read past the headline...

tufsu1 · January 30, 2019, 04:52:01 PM

The Landing has started hitting back. Follow this site for their point of view and updates on what they have planned:

http://landingfacts.com/

Charles Hunter · January 30, 2019, 05:12:52 PM

A couple minor quibbles about the Landing fight-back site - 1. I prefer timelines to have the oldest entry at the top, so you get newer info as you scroll down, and 2. With, I think, one exception, clicking on the old development plans does not yield a larger image, it just gives you that image by itself at about the same size.

I don't understand the animosity Curry has for Sleiman. Was he short-changed by a store in a Sleiman shopping center?

As someone once said, "Why can't we just get along?"

thelakelander · January 30, 2019, 05:28:28 PM

I believe the animosity is between the local establishment and Sleiman. IMO, Curry is just the latest figurehead. The Peyton administration took a similar position almost as soon as he purchased the place. The biggest tragedy in this is the Brown administration. They had 4 years to address it. $12 million was the incentives request at the time. Peanuts compared to several less impactful redevelopment proposals in the core over the last year.

DrQue · January 30, 2019, 07:12:13 PM

Quote from: vicupstate on January 30, 2019, 03:22:20 PM
Quote from: thelakelander on January 30, 2019, 10:15:39 AM
Waterside in Norfolk was completely closed when Cordish converted it a few years back. Much easier to renovate or modify an empty space as opposed to an occupied one. Sleiman is a major retail developer with properties all over the place and outside of Jax. It's not like an empty Landing is going to bankrupt Sleiman.

If the Landing loses most of its tenants and Cordish builds what can only be considered a direct competitor, with tax dollars to boot, how does Sleiman justify to himself much less a lender or potential tenant, investing in a total reboot of the Landing?

Yes, he will be fine financially if he did nothing with the property, but he didn't get wealthy investing in white elephants either.

That's exactly what the administration wants... Well ultimately they want a park, but in the interim a starved Landing that can't compete on multiple fronts accomplishes the same goal of limiting Lot J's competition.

The irony here is that the city is pursuing a new white elephant at the expense of an already built elephant.

thelakelander · January 30, 2019, 09:11:44 PM

No matter what the Lot J becomes the site is still in a disadvantage to the Landing. Waterside went vacant after a big urban mall was built two blocks away. The new product is popular because it's essentially a food hall concept on Norfolk's waterfront and not chain retail/entertainment oriented. So regardless of what Lot J becomes, the Landing still has an advantage to be a place for certain types of retail, dining, entertainment, cultural use, etc. with the centralized riverfront setting and the density of class A office space and thousands of hotel rooms nearby. With that said, it is certainly in the best interest of Lot J for the Landing to be closed, demolished and turned into a park to eliminate the Landing's location advantage.

Kiva · February 17, 2019, 04:34:16 PM

Quote from: I-10east on January 10, 2019, 08:09:21 PM
Benny's Seafood and Steak has closed.

https://www.bizjournals.com/jacksonville/news/2019/01/10/the-landing-loses-another-tenant.html?iana=hpmvp_jac_news_headline

According to this article, Benny's had not paid rent since 2012. How could you go under if you pay no rent for 9 years? Incredible! Only in Jacksonville. I want a place that will rent free to me for 9 years!
https://www.bizjournals.com/jacksonville/news/2019/02/15/jacksonville-landing-owners-sue-bennys-steak.html?iana=hpmvp_jac_news_headline

Charles Hunter · February 17, 2019, 04:45:37 PM

Quote from: Kiva on February 17, 2019, 04:34:16 PM
Quote from: I-10east on January 10, 2019, 08:09:21 PM
Benny's Seafood and Steak has closed.

https://www.bizjournals.com/jacksonville/news/2019/01/10/the-landing-loses-another-tenant.html?iana=hpmvp_jac_news_headline
According to this article, Benny's had not paid rent since 2012. How could you go under if you pay no rent for 9 years? Incredible! Only in Jacksonville. I want a place that will rent free to me for 9 years!
https://www.bizjournals.com/jacksonville/news/2019/02/15/jacksonville-landing-owners-sue-bennys-steak.html?iana=hpmvp_jac_news_headline

I'd be happy not paying rent for seven years.