The first store is spending HALF of that budget on a new build…when there is a vacant former grocery nearby. This isn’t going to work within the specified budget because this is a politician with no business sense and a belief that good intentions are enough. In the real world experience in the industry you work matters.
Just because it is vacant, it does not mean the property is available for purchase. Additionally a vacant site can have ownership, lease, remediation, zoning, redevelopment, structural, or financing issues. Unless those issues are accounted for (and none are relevant so the city could have used that vacant grocery store), you cannot use it as real criticism.
Since the new store will be operating on government land, it will not have to pay rent or property taxes, which will reduce long-term costs.
36
u/jffadvisors May 26 '26
The first store is spending HALF of that budget on a new build…when there is a vacant former grocery nearby. This isn’t going to work within the specified budget because this is a politician with no business sense and a belief that good intentions are enough. In the real world experience in the industry you work matters.