Quote:
Originally Posted by VitaBene
There are plenty of pre-existing restaurants that are on the lake and are successful, but I can't think of many (or any) stand-alone restaurants that have been redeveloped as this site requires.
I guess my point was that if Panera were to open a restaurant in the Lakes region, they would likely look at sites that are not waterfront. Assuming a property cost delta of at least plus $1 Million and an increased tax burden of $3K a month, Winni traffic would have to support an additional $10-12K/month. That does not take into consideration the year round maintenance costs on the currently unprotected docks or the nightmarish DES process to build there.
I am not saying someone won't bite on that property as a restaurant, but I sure would not.
|
All good points and although I agree with your assessment, I would still love to see a Panera open there or for that matter anywhere in the Lakes Region.
__________________
"The true meaning of life is to plant trees, under whose shade you do not expect to sit." Nelson Henderson (1865-1943)
|