02-14-2024, 05:55 PM
(02-14-2024, 11:30 AM)cherrypark Wrote: Given the time that GRR has been in the community, it really seems like the correct lesson from all of this for them is finding a partner with some capital to buy and own the land they are on. That, or they need a better real estate agent / lawyer who can find them a space with term and consideration for the kind of leasehold improvements that a climbing gym requires.
Count me in on feeling bad for twice displacing a well liked community recreation hub and locally owned business, but there is nothing about that LA Fitness building and the sea of parking around it that is making good use of a central land ready for housing.
I never really find private amenities in condos actually big enough to be useful, it's always some tiny version of the thing you actually want (pools, fitness centres).
I did mention to the owners 10 years ago that they really need to own their land. It is a lot of capital to tie up, but it also prevents being sold out, which is more of an issue now.