02-20-1991 Planning Packet - Laserfiche WebLink

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SrS, |.„i U not *o«h mo« th.n ih^ "l " P^ „ , „m«y pt .«. & r, .he hoiel ptPpiTty.«-7'‘; ?"f'“ ” M„e .hen MO .uivey. *« SSrSIe wae««i "> •*•”* ^T.f"i"«l,e.».nedebog.50pe.- - ^ aaeAM*# flit.J9.000. "Thit won t «ven cosjr my >«* ^ conitruction H*d no notirt Kiodt MY»* ^ uu affect on theii buiincUe while 40pw* ,rd.in“b. I«. o; '«f rh. e.iwl of Tko Bell. W20 Beni buildlnl. »»• >oiddevard. werfl awanled S71.893. le«inf or tenant renewal* it his ly've appealed, leekina $175,0OT, an “Any tenant* that we ve loi Mtate layi the land i* not worth more jhe 394 aria." he say*, in $6,600. The owner* of the land un- percent of the bu»ine»*e» that r the Super 8 Motel. iu*t «•« ®f returned the chambertco Bell, were awarded $392,189. , walk-in or dnve-by cuttoTner ev'vt appealcti and aiked for Sl.J mil 5 dj^ j,y, ntaVe* the jS*;?S!Vt...h.* .P^^^^ iXesentative. "A ’oj -f. " foodbrklie Propertle*. which *aw ten- Banker’* Peyton e*timate» ,t* nee it* ^•0«i‘9Mre-foot buddini a idlVdall J201 Wayxaia Boulevard ^“”"8. . in percent decline in bu*ine*».Ridgeda “ ST' . •____• waiawaroco •ow.-w,-.............. ^Vcarrot being held out to e'** h«*l . but .1 le.« they'll «« »n.e com- ^ „„1 KctmmodM lit Con.ider.hly I... fonunMe before. But Peyton "?•-------.U-. ,..a .UM., I*. ,h.t ,..ion.l. djant'l «■ count for the change* in the road. ___ •The new road will force *hV*^* .. '"•c“Sc:5?’.™f:s.^Xi.r^h wey^n likely increaie $6 or $7 a *quare foot to $10 At tho*e price*, only hlghvdume hoj^ rice tt^er*, or reitaurant* eoj»W *® hk.^ r.«neral Mill*, for initanco. rtion. Con*iderably It*. fo«un^ be bu»ine**e* »‘^V"*%S*’ftJkin', re»L-urant andJerr^-dit * ^ k T Printing. Sudit had Jj®" ‘ tau Boulevard, near the Sheraton Ptoee. for eight year* and had man- to *uceeed through the wo»*t con- iion. But then retaining wall* went f*Jir llke^»«n*hody draped a cu^ over the building." Sudit *ay*. You een't be in retail withwt h a ^ Hr«Ak hit )ttl€ itul in t DC m will wm.ww, — )d a choice: Break h'* !•»»« r,--tower*, or re*taurama«w»<----- or go out of bu*ine*<. In the *pnn|, f Qoneral MilU. for in»ta^ “Jved near ‘ha Sn uco^ull^temptedtobuy th.C^ ind WavMta. He ha* freeway aap^ for ont of it* M.n, .nd he', cloter to o« •''h* g „ „„.ur.ntl A. for the Coo- Jdinterchenter-Heeltoheiele*- ™*o^™ 1.1,, .‘.Th.'. elo;|« .0 on. of Ih; S;«SZ"“.‘<^» Ae(or.h.Coo idinterchenterHeeltoheiele*- ™*o^™ eonplee. i» .nnounced do.in| lu. mote to do with the nnencul woei of ill owner. Cineple. Odeon Coipoiition, Sten the hithwey. The .he..« comp.ny ‘T." ™^o,k well « hiahwav but given the ttate of the T* 1 lonj time before W •*'- u|m) 0 tower*. ‘Tm talking real long term, like nd light now. not willing to jpeculaie on the future _ Thorpe Bro*. ha* been marketing t^« buildini* along 194. in addition to it* o^^m with little *uccc»». NVhen rell Sam Thorpe «-v*. it wa. at a .ubstan- ttil’di*count. Clark ha* been trying to sell the former Contemporary im idiacenl to the Colonnade for about a ’^'mere are no buyer* who holfl a *ite until the ‘>**77 >* fh«'U h,« ten.n.. in pUce ro *«t *ome income while carrying the lend. St^ng new tenant* to 194 now ^ ally lmpo**lblc. ha »y». tnd betting that exiiting tenant, will *tay in bu.me.* i* " Dlilonlnn.open«la 394. ju*t we*t of 169. in March. Paul lohnaon. regional on. *ay» ‘he company eapteted bu»me»* tehe *low for the fir»t couple of yA draw we*tbound traffic, but the Iw _ ealt for ea*tbound traffic ha* ^ ‘ duced bu.ine.* by 25 ny*. Neverthcle**. he add*. "^* ***^^ that thi* will be a g^ *P0‘ ‘® he » ** SoSk^and other* were unable to wait thaoi^^Sudit aapect* M* Printing to be around *hw pitted. And like mo*t bu*in«» Cnm along former Highwar 12- h« know* the road ‘"'P~''® J*"!.* ^"hey'd e*»ary. "1 lu*t wuh, he add*, thattn y liven more thought to the *mall-bu*»ne^ pfrton.** ^ ■ t O ■ft * ■ A g T ■ ^ ft ft A T