The Bread & Board Coming To Five Points

[Metro Jacksonville]

The Bread & Board Coming To Five Points



Portland bistro owners expanding into Jacksonville, choosing to locate in Five Points over Asheville, NC and Greenville, SC. Owners hope to be catalyst for sparking redevelopment opportunities along often overlooked Oak Street.

Read More: http://www.metrojacksonville.com/article/2016-dec-the-bread-board-coming-to-five-points

[ChipCharge]

Here's the website of the Portland bistro:  http://www.boxedcateringpdx.com/   Looks good!

[Captain Zissou]

This is very exciting for the neighborhood. 

I ran into one of the owners of Tapa That yesterday and told me the reason they shut down is because a new landlord jacked up their rent.  Luckily, the restaurant that backfilled the space bought out their lease.  Otherwise they would have incurred huge financial losses if they weren't able to stay in business until their lease was to end in October 2017.  It's my assumption that Deep Search is closing for similar reasons.

Most of Jacksonville's urban commercial areas are linear spaces along one main street: St. Johns Ave in Avondale, Edgewood in Murray Hill, San Marco Blvd and Hendricks in San Marco, Main Street in Springfield.  As the areas get more popular, the real estate gets more pricey and pushes quality vendors out or farther down the road.  People aren't always willing to go a half mile down the street, but they will likely walk one block over. I hope this new business can establish Oak street as a secondary commercial corridor for 5 points where the quality local vendors can pay a little less in rent to get their concept off the ground.  It's a shame what happened to Tapa That and Deep Search, not to mention Burro Bar and Chomp Chomp in downtown, but as commercial areas expand I hope there can still be room for the mom & pop's (or brother and sister's in this case).

[vicupstate]

Is this likely to run into opposition over parking and such? Hopefully not, but it wouldn't be the first time in that neighborhood. Is there any zoning changed needed

[ProjectMaximus]

wow looks good. Agree about Oak St.

I ran into one of the owners of Tapa That yesterday and told me the reason they shut down is because a new landlord jacked up their rent.  Luckily, the restaurant that backfilled the space bought out their lease.  Otherwise they would have incurred huge financial losses if they weren't able to stay in business until their lease was to end in October 2017. 

I'm a little confused that their landlord was able to jack up their rent and require them to honor the remainder of their lease? Unless this was a pre negotiated rent increase not sure how that worked.

[williamcolledge]

I'm similarly confused. If they had a lease until 10/2017 then any rent increases/escalations would have been pre-negotiated at lease inception. Perhaps they simply couldn't keep up with the escalations.. it happens. 

[Steve]

Is this likely to run into opposition over parking and such? Hopefully not, but it wouldn't be the first time in that neighborhood. Is there any zoning changed needed

It's in the Urban Transition Area, so it should be fine.

[Captain Zissou]

wow looks good. Agree about Oak St.

I ran into one of the owners of Tapa That yesterday and told me the reason they shut down is because a new landlord jacked up their rent.  Luckily, the restaurant that backfilled the space bought out their lease.  Otherwise they would have incurred huge financial losses if they weren't able to stay in business until their lease was to end in October 2017. 

I'm a little confused that their landlord was able to jack up their rent and require them to honor the remainder of their lease? Unless this was a pre negotiated rent increase not sure how that worked.

Max, I'm not sure the specifics.  Maybe they had a one year renewal option and that came with a rent increase..?  Maybe they agreed to the increase but didn't realize the impact to their bottom line... Not sure.  It does seem like this is happening a lot in commercial areas.  I ran into Michael at biscotti's where he now works (he's also working at Catering by Liz).  Somebody may want to catch up with him at one of those places for the full story.

[FlaBoy]

1) Who owns the building across the street where Vesta is and the open lot? Is it Riverside Presbyterian? That is prime for redevelopment soon.

2) When is Hoptinger supposed to open at this point?

[Captain Zissou]

1) Who owns the building across the street where Vesta is and the open lot? Is it Riverside Presbyterian? That is prime for redevelopment soon.

2) When is Hoptinger supposed to open at this point?

Hoptinger is already hiring staff, so it can't be too long.

[JaxAvondale]

I'm hopeful that this place does well. The concept is very similar to Butcher & Bee. This will be a nice spot to take my clients and vendors to for lunch.

[jaxjaguar]

With this area growing / spreading out is there any possibility of a garage going in? Are there any locations where one could conveniently fit? It's already pretty difficult to find parking at peak times depending on where you're going. If Winter Park could put in garages that are tucked away I don't see why 5 Points can't.

[ben says]

This is very exciting for the neighborhood. 

I ran into one of the owners of Tapa That yesterday and told me the reason they shut down is because a new landlord jacked up their rent.  Luckily, the restaurant that backfilled the space bought out their lease.  Otherwise they would have incurred huge financial losses if they weren't able to stay in business until their lease was to end in October 2017.  It's my assumption that Deep Search is closing for similar reasons.

Most of Jacksonville's urban commercial areas are linear spaces along one main street: St. Johns Ave in Avondale, Edgewood in Murray Hill, San Marco Blvd and Hendricks in San Marco, Main Street in Springfield.  As the areas get more popular, the real estate gets more pricey and pushes quality vendors out or farther down the road.  People aren't always willing to go a half mile down the street, but they will likely walk one block over. I hope this new business can establish Oak street as a secondary commercial corridor for 5 points where the quality local vendors can pay a little less in rent to get their concept off the ground.  It's a shame what happened to Tapa That and Deep Search, not to mention Burro Bar and Chomp Chomp in downtown, but as commercial areas expand I hope there can still be room for the mom & pop's (or brother and sister's in this case).

Exactly right, and this is the entire reason we closed our SmartFlyer office on Stockton. Insane price jump (borderline usurious). Everyone asks if we went out of business, and the answer is no - we just didn't want to pay 30%++ more.

So...I feel for Tapa That and the others closing. Sucks when landlords get ahead of themselves and make the barrier for entry even higher.

[Tacachale]

As the smaller spots get priced out in rising areas like 5 Points, it presents new opportunities for emerging neighborhoods. That's a lot of what we've seen happen in King Street and Murray Hill. Now that they're filling up, it'll be interesting to see what comes next.

[JaxAvondale]

Does anybody know when this place opens? I walked by last night but I couldn't tell if they were open for business yet.