From Bob Shallit's article in today's Bee:
Eat up: Another retail complex with, yes, another upscale eatery is being proposed for downtown's trendy 16th Street corridor.
Developer Johan Otto and architect Lynn Pomeroy are behind the "L16" project, a single-story, 13,000-square-foot building planned for the northeast corner of 16th and L streets. It's currently the site of a privately operated parking lot.
"We have some offers on the table" with potential tenants, says broker Mark Cordano, who began shopping the space a couple of weeks ago.
Interest is high, he says, because "it's one of the best locations downtown" -- at the intersection of two busy streets that connect to "high-income neighborhoods" in east Sac and Land Park.
Cordano says finding restaurants for the project won't be hard. Getting retailers is a bigger challenge.
When downtowns rebound, Cordano says, "typically you get the restaurants first, then shopping comes second."
Last edited by Sacdelicious; Mar 7, 2007 at 6:00 PM.
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