Can we say the sky is falling NOW?

See links in the comments, the actual space for lease may be other locations in the same center.

 

Source: http://www.pantagraph.com/special-sections/e-edition/page/page_b5e544d3-36fc-5e66-9c1a-b8ae5b5b1705.html


Bloomington MUST quit spending money now and cut personnel.

A bloodbath is coming.

(Maybe they just need a bigger store in a better location)

h/t a reader
.
.
.
.
.
.
.
.
.
.
.

26 thoughts on “Can we say the sky is falling NOW?

  1. Kroger decided not to expand and now this. These national companies perform constant market analytics. The local market must no longer look good.

    Like

  2. Are they talking about Outback Steakhouse place and the Chinese buffet place for lease? It seems like HyVee would be bigger than 9,500+ sq. Ft. But why show HyVee picture? Is it because that is the anchor store? Is it verified by realtors? This is very concerning.

    Like

    1. This could be verified by the listing agent. HyVee actually combined three retail spaces when they built the store. There are three square foot parcels listed; 1,600sq,ft., 6,458 sq.ft. and 9,500 sq.ft.

      Like

    2. Bad post by the listing agent for sure. Check out the link though. There are some large and valuable pieces of property for sale and rent. Wonder how much the vacancy rate has increased. Maybe the Pantagraph will investigate…hahaha.

      Liked by 1 person

      1. Yes the lapdog Pantagraph will get right on that! They will send a crack team of investigative journalist to get to the bottom of what is really happening over there… nothing to worry about… they got this under control!

        Like

    3. This add is simply using Hy-Vee to attract potential business. The Hy-Vee store in Bloomington is over 100,000 sq. ft.
      But I agree, Tari and his council (along with Koos and his) need to cut spending, and do it now.

      Like

  3. All of us have driven past places that have been vacant for YEARS and we all know that no one is ever going to lease or buy them. The list of retail and office space is growing every month. Yet our media and our city government fixates on “catalyst projects” to pour yet more taxpayer money into a dying downtown area? The patients are running the asylum with Looney Tari directing the show. Our economy is swirling down the drain and his efforts are directed at “welcoming” illegal aliens to our city and welfare system?

    Like

  4. My Guess is the Old Hibachi, which was Takos for about 20 minutes before they folded, is for sure one of them, Binny’s seems to do a reasonably steady business, not sure about a couple of the other places.

    Like

  5. Outback is SUPPOSED to be moving to a spot at the north end of Eastland mall.
    I’m GLAD they are as getting there is WAY too congested with all the HyVee traffic at meal time, BUT, that can all go POOF in a Tari minute!
    Meanwhile I’m starting a pool on WHAT kind of inane ideal they will come up with for the old State Farm building DOWNTOWN!
    I’m betting apartments/condos.. “UPSCALE” of course, just like Ensenbergers. Even IF they don’t get rented!

    Like

  6. Pretty sure HyVee isn’t for sale. It’s spaces within that shopping center that are available. The picture HyVee because that is the “anchor” store.

    Get Outlook for Android

    ________________________________

    Like

  7. If you look at bloomington’s commercial real estate site the list keeps growing. Or as my mum says “You cant sling a dead cat without hitting an empty business in Bloomington”

    Like

    1. Yes those signs will really help promote the downtown to prospective Millennials who are itching to move their high tech startups into the downtown area….Just kidding… they might as well all say, “Dead End” because that is what the downtown has become to everyone living in the real world.

      Like

  8. Is the owner of the complex selling it? And when they do, the stores will have a new landlord? I don’t think any of those stores actually own their property.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s