Quote:
Originally Posted by WarrenC12
Slightly off topic but on the topic of replacements, were we ever supposed to get a White Spot replacement at Cambie and 12th, when they named the condo project "The Spot" and then a high end Chinese restaurant took the main space?
I'm not sure White Spot could have afforded the rent, but I always thought it was coming back?
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I remember hearing the story second-hand when the construction had started, from one of my friends who was close to the proceedings. The family that owns/owned White Spot is related to the family that owns the developer of the project. Some internal family fallings-out meant that they reneged on their deal to bring White Spot back to that location.
I would guess - and this is pure conjecture - that the iDen & Quan Ju restaurant (the high-end Chinese restaurant that has gone into the development) were willing to pay a stupendously high rent for that high-profile location, whereas having a family business there would never have been able to match the potential for profits. Hence the potential for two sides of the family falling out over what to do - let family in or reap big profits.