Q&A
Discussion on supermarket plans for the development site
1:58:35
ยท
72 sec
Council Member Narcisse inquires about the status of conversations with prospective tenants for the supermarket space in the proposed development. Richard Bass explains the current situation and future plans regarding the supermarket tenant.
- Bass reveals that while discussions have occurred with several operators, no formal commitments have been made due to the project's pending approval.
- He commits to restarting discussions and securing commitments once the city council votes on the project.
- Bass assures that they will keep the council member's office informed of their progress in securing a supermarket tenant.
- The council member emphasizes the importance of continuing outreach efforts to ensure a supermarket is included in the development.
Mercedes Narcisse
1:58:35
There used to be a supermarket at the site of your proposed development which was an essential community amenity.
1:58:44
Right?
1:58:45
What is the status of your conversations with prospective tenants for the supermarket space?
1:58:51
Have you received letters of interest from any put put I mean prospective tenants?
Richard Bass
1:58:58
We've had discussions with several operators, because this project took almost 3 years to go through the public review process.
UNKNOWN
1:59:08
Mhmm.
Richard Bass
1:59:08
We have no letters.
1:59:10
Once, hopefully, the city council votes in a couple weeks, we can then start, restart those discussions and get those commitments.
1:59:18
We will keep your your office, appraised of our progress on that, but no one's going to agree to a project that's still not approved.
Luz Torres
1:59:29
Mhmm.
Mercedes Narcisse
1:59:30
But you would continue doing the outreach to make sure we have that supermarket?
Richard Bass
1:59:34
Absolutely.
1:59:35
The the economics of the project relies on a supermarket.
1:59:39
So it's in our best interest to have a supermarket.
Mercedes Narcisse
1:59:41
Okay.
1:59:42
And you know my chief of staff is not gonna let go of that too.
1:59:45
Saye is in the house listening.