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Originally Posted by rustyp
I agree - that's the point. The developer is leasing out the CC restaurants at a fixed rate and the lessee is the one that does or doesn't make a profit dependent upon traffic flow (and the success rate of policing those lemon water drinkers). My guess is turning these facilities into high end apartments will yield much more profit with less headaches for the developer. When remodel time comes why not convert to the more profitable endeavor ? As many point out here the developer is in business to make money. Might as well maximize it. Goodbye Cane Garden - The restaurants are right down the street at Sumter Landing Square. Any predictions on which CC gets turned into apartments after Cane Garden ?
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Where may I ask did you get the facts about Cane Garden closing and apartments going in?