Quote:
Originally Posted by waterlily
Retail real estate is a difficult business these days. We all point and click on Amazon and all the other internet shopping sites. Everyone wants the best price. Brick & Mortar stores are falling by the wayside everywhere. The Villages may be a bubble, but the residents are educated, intelligent, and certainly shop around. Malls are closing everywhere, strip centers are struggling, Macy's and Sears are closing stores by the 100's.
I have spoken with "the developer" about leasing property to open a business, and the terms were no different than anywhere else. Yes, they were looking for a percentage of top line sales, all GOOD retail centers do. You don't build a development like Brownwood without a long range plan. But it is a long range plan. It would not be prudent for any business person to disclose the long range plan as it would invite speculators that would cut into the profits.
I think it will just take many more years for the right type of business to locate to the squares. Foot traffic and browsers are one thing, but ringing the cash register pays the bills.
|
Great post!
I've read the developer tries rent to businesses that they consider to have a great chance of being successful.
I am one is is very well please as to how the Morse family runs TV and no one can argue with their successful formula but I"m sure some will bring up the businesses that have been closed.
Businesses fail for a variety of reasons and it's not the developers fault. IMHO
__________________
"It doesn't cost "nuttin", to be nice". 
MOM
I just want to do the right thing! Uncle Joe, (my hero).