Quote:
Originally Posted by Schertz1
When you say the Austin model, what do you mean? They may have more condos DT, but from what I read over half are sitting vacant or unfinished - meaning Alteza style unfinished. They do not have many more people DT than we do, yet they have a grocery store. Not near UT, but on the south side of DT near the river.
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There may be some vacant condos, but there was already neighborhoods near downtown that could support the Whole Foods store. It has been at that location for years and just recently moved across the street into their new hedquarters. Those neighborhoods also have the means to support that type of store.
(Check out the property values:
http://www.zillow.com/homes/austin,t..._zm/1_rs/1_fr/)
What is the history with the Hippo's grocery store? I visited it when we there once and it was pretty limited. It looks like they cater more to visitors. Not a bad location (just east of the court house).
There is also another little market we've been to on Market by the court house as well. They have a bit more to offer there. But again, it really caters more to visitors.
It seems like some businesses are trying, but the model that works right now is selling to tourists.