Baywalk Shopping Plaza opened as a great success in downtown St Petersburg, with an assortment of shops and restaurants, as well as a multi-screen movie theater.
Recently one of the partners bought out the other partners and planned to put lots of money into renovations.
Point 1: the new owner was hit by a common theme - banks pulling back on commitments for expansions and development (as well as pulling back on lines of credit).
Point 2: Foreclosure doesn't mean Closing. Nor does a Bankruptcy Filing mean Closing. Often it's an opportunity for restructuring debts, labor contracts, and other obligations.
Ann Taylor is still open - but they are closing many stores around the country.
Grille 121 is open for lunch and dinner, and you can eat inside or enjoy the outside here under the blue umbrellas. Gratzzi's, a long time favorite, is also open for lunch and dinner.
Comments (10)Subscribe to CommentsComment