I guess some redevelopment along that stretch of Alberni will be on the deck in a few years. The three restaurants next to Kobe have leased coming up in 2019, 2021 and 2022.
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Kobe is profitable but a hefty lease-rate increase could force it to close.
Another possibility is that Kobe could be demolished along with Coast, Black+Blue and The Roof.
That’s because Bruser, in 2014, sold the land underneath his 48-year-old restaurant to an offshore buyer who wanted to aggregate the site with his other holdings.
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https://www.biv.com/article/2016/7/soaring-alberni-rents-squeeze-out-restaurants-alon/
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