Closer to Hart Bridge ramps coming down

[Papa33]

That's the Ray Kroc/McDonald's model.  The McDonald's Corp made some of their money selling burgers, sure, but makes most of it by bilking, I mean, leasing corporate owned land to their franchisees.

[Steve]

I didn't realize folks were foolish enough to buy buildings that were on land that they didn't own.

Constructing, owning and selling buildings that are on leased land is quite common.

Thank you.  Ya, I had filed them away as being a residential thing.  This despite for years watching Sears sell off the good stores they had left & knowing a smidge about retail leasing. 

Question - Do we know what type of lease it was?  Do we know how Sleiman had things set up?  I ask because part of putting itself in a bad position - it being JAX - is that they may have been at risk of Sleiman defaulting and the lenders going after the land.

(pretty confident my memory is correct here)

When Sleiman bought The Landing from Rouse, he basically bought the lease - the same lease that Rouse signed with COJ. As I remember it, if Rouse defaulted on the lease, then the buildings would become COJ property.

Now knowing COJ's track record of contracts it may have resulted in having to work through the court system but that was the intent.

[Zac T]

Saw earlier that the Hart Bridge ramps to Gator Bowl Blvd are now open

[Ken_FSU]

^Yep, they've been open for a bit!

LOVELY to not have to circle the stadium in order to entire and exit the bridge.

Still so strange to see the remnants of the ramps in front of Intuition though.

Should have gone ahead and finished the job and routed all traffic down Bay.

[acme54321]

Should have gone ahead and finished the job and routed all traffic down Bay.

Yep.  Maybe if the city's plan to move Sulzbacher comes around that can happen.  Half assed as it is.