Quote:
Originally Posted by someone123
That whole corner should be redeveloped. It sounded like that was a possibility at one point with somebody announcing plans for the location next door but the lack of news and the "for lease" sign suggest otherwise.
Sometimes I wonder how much areas like Spring Garden Road are held back just because of old landlords who have little interest in doing anything but collecting rent. The empty house by HMV for example makes me think that the owner is just sitting around waiting for somebody to hand over some money, if they are even aware of the property at all. It's hard to believe that the land wouldn't be better-used in some other way.
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In fairness, that corner is owned by a couple named Kleronomos, who are the Greek family who ran (or maybe still run) the Lakonia olive oil import business that was or still is located in that building. They own a couple of other properties around town but are not huge landlords. I think they are just an older Greek couple who are trying to live out their lives comfortably.
The corner building lot is not all that large and for a development of any size a few adjacent parcels would have to be acquired and consolidated. Not that it couldn't be done, but it would take some deep pockets and a lot of effort to convince the owners to sell.