However, the new upscale Korean markets that have opened, together with the upscale grocers in the works (such as Union market and Wholesome Food on Nostrand and Atlantic) give an entity like Bob and Betty's real competition.
True, true. And the owner of the Triple S location is asking for such a huge monthly rent ($7,000!) it makes me believe he is holding out for Starbucks.
I was under the assumption that they were still looking to open on Franklin just south of EP. The old Pioneer. My thought was that real estate wasn't as much an issue as scale of operation and ability to take a loss for a while.
Yes, the same family that owns Bob and Betty's (Tony and his family) do own the building on Franklin that is the site of the former Pioneer supermarket.
However, he has stated to me that he does not believe it would be profitable to open something there at this time.
We should realize that in 2018, Union market will open in a location that literally is going to have a customer base all around it: Small market rate apartments that are packed with young single people who have little desire to cook.
...perhaps the location of the Pioneer will have the same thing by 2018, but it doesn't now.
"The remaining retail space that ABS Partners is marketing at 1525 Bedford Avenue spans two storefronts; a 3,611-square-foot space with additional storage on the corner of Bedford Avenue and Eastern Parkway and a 2,315-square-foot inline space along Eastern Parkway. Asking rent for retail space at the property ranges from $75 to $125 per square foot."
That foundation is huge! No wonder it took nearly two months to pour. Though I'm sure they were rushing to get it down before the winter months. I expect we will see the building start rising soon. Any word on the timeline for completion?
That is huge. I saw a parade of cement mixers rolling down Eastern Parkway towards the site a few weeks ago...I guess that is where all the cement went.
I live across from the site. There have been many parades of cement mixers as well as dump trucks, for weeks. I feel bad for people on that block who have cars and have had to shuffle around the parking situation.
As noted above, the building has already secured Union Market as a tenant. Now, the developer would like to see if the tenant qualifies for NYC's Fresh program, which would allow the building to be higher as a result of having a grocer.
If the application is successful, the building would be 11 stories, as opposed to 8. I believe this weeks CB8 portion went well. ...off to DCP next.
"The building has also gotten larger since plans were first filed in January 2015. It started out as 133 apartments spread across 91,000 square feet of residential space; now the development has grown to 175 apartments and 125,063 square feet of residential space. Typical units will measure 715 square feet apiece, ranging from studios to two-bedrooms. Three apartments will be duplexes, with space on the first and second floors."
I've heard that the market that is coming to the base of this building will be owned and operated by the folks who run Union Market, but will have a different name.
Rumor is that this market will have a selection that is "different enough" from Union Market that they did not want it to affect their present brand.
As a result of windows going in, we can predict occupancy in the Spring of 2018. (Once the building is sealed up in October, they can work all winter in climate control)
Yes, it will be owned and run by the same folks who run Union Market. However, it may operate under a different name and carry a slightly different product mix.
Comments
Will Bob and Betty expand to larger location now?
The former location of Triple S is still available: http://brooklynian.com/discussion/44215/the-end-of-triple-s-market-822-nostrand-btwn-lincoln-and-eastern-parkway
However, the new upscale Korean markets that have opened, together with the upscale grocers in the works (such as Union market and Wholesome Food on Nostrand and Atlantic) give an entity like Bob and Betty's real competition.
Yes, the same family that owns Bob and Betty's (Tony and his family) do own the building on Franklin that is the site of the former Pioneer supermarket.
http://www.brooklynian.com/discussion/45130/bob-and-bettys-union-street#latest
However, he has stated to me that he does not believe it would be profitable to open something there at this time.
We should realize that in 2018, Union market will open in a location that literally is going to have a customer base all around it: Small market rate apartments that are packed with young single people who have little desire to cook.
...perhaps the location of the Pioneer will have the same thing by 2018, but it doesn't now.
"The remaining retail space that ABS Partners is marketing at 1525 Bedford Avenue spans two storefronts; a 3,611-square-foot space with additional storage on the corner of Bedford Avenue and Eastern Parkway and a 2,315-square-foot inline space along Eastern Parkway. Asking rent for retail space at the property ranges from $75 to $125 per square foot."
http://rew-online.com/2016/05/26/abs-signs-first-retail-tenant-for-crown-heights-project/
Apparently, today was warm enough for fun with concrete.
"The building has also gotten larger since plans were first filed in January 2015. It started out as 133 apartments spread across 91,000 square feet of residential space; now the development has grown to 175 apartments and 125,063 square feet of residential space. Typical units will measure 715 square feet apiece, ranging from studios to two-bedrooms. Three apartments will be duplexes, with space on the first and second floors."
http://newyorkyimby.com/2017/01/checking-in-on-adam-americas-1535-bedford-avenue-in-crown-heights.html
By following this link, you can access them all: http://www.brooklynian.com/discussion/47007/the-big-18-developments-in-western-crown-heights-whynot-31-wont-stop-talking-about