Saturday, April 29, 2006

Starbucks causing development at Nebraska and New Orleans/Louisiana?

In today's Trib (sorry no links - not up yet at TBO.com reporter) Kathy Steele wrote a story about the sale of Phil Alessi's property at Nebraska and New Orleanss/Louisiana. Apparently the property has two interested investors, one who wants to bring "Key West Style apartments, shops and a bistro." One plan incldes a "blend of tin roof apartments, with a convenience store, sandwich shop, restaurant or bistro. the other would have shops on the street level and apartments above."

They atribute the interest in the property to partly ot the fact that Starbucks is in the neighborhood. "Starbucks is known for settling into neighborhoods with high growth potential" and "they do not make many mistakes"

Of note is that Panera's was intrested in the lot next door with the topless buildings at the corner of Nebraska and Osborne, except it was too small.

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