kbates2

My worry is that this is not the easiest walk from most places in downtown, it doesn't have a lot of trees or other developments super close to it.  Still, I think that it is looking like such a draw that it may not matter.

I thought it was a projection screen for a few pre-pandemic events. It’s been there for a long time.

On 3/13/2021 at 11:57 AM, downtownian said:

That would be really confusing with El Segundo Swim Club right down the street

Well El Segundo closed in Downtown (replaced already by additional space for High & Dry), so the name is open.

If you haven't been to one of these places they are pretty great.  Amazing no frills cheese burgers and good tacos.  Basic but really good cocktails.

2 hours ago, nate4l1f3 said:

That is the block I’m most excited about for downtown. I have high hopes for that one!

That's a pretty important one.  The Main and Prairie block across from Moonshiner's is probably mine.  Bank of Southwest tower is still a pretty major one.

Yeah, I'd take the field.

1 hour ago, nate4l1f3 said:

Did you see work being done? The plywood has been there since March I believe.  

I have walked by a few times and seen workers going in and out as well as heard saws and drills.  DIdn't sound like major work but something is happening for sure.

So Shay McElroy's appears to be next up with the seating on Main Street.  They are going more permanent than Little Dipper and have a full raised 2X4 deck built so far.

Also, the long-abandoned 309 Travis spot (between Warren's and the new CRU lounge) has been fully gutted and they are starting up something inside.  No clue what yet.

I hope they are putting new ones in, that is the best part of the building.

God I hope I'm not a young digerati.

Just walked by and they are gone. For lease sign up and space cleared out. Sucks because they were great and stuck it out through most of the pandemic.

1 hour ago, Houston19514 said:

I would guess that at least one of those towers would be a hotel.  The master plan calls for a new performance venue.  (I would not have expected it to be as big as shown in this rendering.)

So the Wortham splits time with the ballet and opera, but I don't know that either of those are sought after enough for a new venue alone at this time (I could be wrong, I don't go so I don't know).  I could guess that the Hobby Center or Jones Hall would be the closest to being overprogrammed.  I have definitely wanted to go to a number of shows at the Hobby Center that were sold out so maybe a new venue could allow for more seating/extended runs?

Wow.

Took my three year old on Friday. It’s a big whiff of a playground.  

3 hours ago, Houston19514 said:

“where workers can grab a cup of coffee or a glass of wine while watching city life as it goes on about its business downtown”

Yeah that’s not what I was hoping for at all.

So the new article in the Bizjournal makes it sound like the oval room on the bottom floor is more of a building amenity than a public retail space.  Closer to Prelude coffee in 609 Main than a real retail spot. I always thought this was supposed to be part of the building’s contribution to ground floor interaction.  I am afraid this will be another spot open 8 - 5.

Sounds like it is just going to be a parking lot for now.

My guess is that the next two are Dean's and Notsuoh - they have both been back in their buildings cleaning up recently.  

Nope, that’s across the street - one block west.

Also - it is right across the street from a massive underutilized parking garage?

1 hour ago, samagon said:

markup on anything, wine, alcohol, beer, component cost needs to be at least 20% of sale cost if you want to stay in business and make any profit at all. 

wine is typically pretty easy, 1 bottle yields roughly 5 glasses. so whatever you pay for the bottle, you sell the glass at that price. 

so yeah, if OPC was buying a bottle of Berringer for $4, and selling a glass for $4, that's pretty right.

retail is a whole 'nother game and I can't sell a bottle of Berringer for you to take home at a price of $20, that would be insane.

that very well could be the EaDo management district protecting their name.

Yep, that is almost exactly how I see pricing most of the time.  In the Berringer case, we sold glasses for about $4 and bottles (to consume on premises) for $20, thus giving the bottle deal of one glass free.  As you move up the spectrum on pricing, wine is less often sold by the glass and the % markup usually decreases.  You still end up with a hefty dollar markup but just lower percentages.

10 minutes ago, H-Town Man said:

Of course, someone could do something like what happened to 517-519 Louisiana and tear it down two years before the turnaround happens.

 

Never forget.

51 minutes ago, ljchou said:

300% on top of normal retail markup? It seems aggressive for their "retail" section.

Didn't catch that you were talking about their "retail" section from your post.  Yeah if they are selling there for off-premise drinking and marking up 300% then that "retail" section won't last long. 

I'm more referring to restaurants and bars marking up bottles for on-premise consumption.  My first job ever was at The Original Pasta Company and they used to mark up Berringer 500% from $4 at a grocery store at the time to $20 in store.  Several restaurant/bar upgrades later and my jobs were still averaging 250% - 300% markup.

24 minutes ago, ljchou said:

This place is awesome but beware, the retail wines are marked up 300%. I was able to find an 86 dollar bottle on vivino for 29.... A 180 bottle there retails online for 60.

That's pretty common at restaurants and bars.

Nope

Oh I'm humping it.