Should Highland Park Help Property Owners Fill Vacancies?
The recent closings of Corner Bakery, Stashs, M Restaurant and soon-to-be-closed Saks Fifth Avenue means city officials are reaching out to property owners to find new tenants. How much should they be doing?
The recent closings of Corner Bakery, Stashs, M Restaurant and soon-to-be-closed Saks Fifth Avenue means Highland Park city officials are working with property owners to find new tenants. Highland Park's Business and Economic Development Commission (BEDC) "reviews, advises and makes recommendations to the City Council regarding any or all projects being undertaken in the commercial, industrial and residential/office zoning districts," according to the Highland Park website. Recently, the commission has also been connecting with property owners to help them replace closed businesses. Businesses that complement the city An interesting aspect of this city-assistance is that city officials aren't looking to replace these vacancies with just …
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Virginia Maria Davis
12:37 pm on Saturday, December 22, 2012
Hi... Bre It sounds (to me) that the landlords don't care. Obviously, it has to be a great write off. more ›