Okay, okay. Calm down. We’re going to talk about the landmarks shenanigans.
Here’s what Greg Fischer had to say in a recent letter to Metro Councilcritters:
The landmarks process is not perfect. A recent example is the Bauer site on Brownsboro Road (formerly Azalea restaurant), which was planned to be a new pharmacy and other retail shops until some citizens advocated for, and the Landmarks Commission approved, designating the property an historic landmark. Our city — and the property owner — now have a boarded decaying structure rather than a vibrant new center delivering services and creating jobs.
Reality couldn’t be further from the truth.
We hear through the grapevine that the real reason the deal fell apart is because Rite Aid was trading as a penny stock at the time. Once a deal was put together with the Bauer family allegedly financing the construction of the Rite Aid building and then offering a lease, Rite Aid backed out. Because – get this – it was trading as a penny stock and couldn’t hold up its end of the deal.
You can’t negotiate with a penny stock company expecting it to be able to perform like woah.
That doesn’t mean the Bauer Family is bad news bears. This city should be thankful they went so far and offered such compromise.
But Greg Fischer is full of it if he wants to continue harping out such extreme misinformation. The deal had little to do with what he claims.
4 responses so far ↓
1 lateshiftatthezoo // Aug 13, 2012 at 12:24 pm
Some Greg Fisher Spin.
2 chief // Aug 13, 2012 at 3:00 pm
“until some citizens advocated for, and the Landmarks Commission approved, designating the property an historic landmark”
Historic !….Bullshit!….Why should the Bauer family be handicapped to have to keep that building!….It’s their property!…If the City ,Landmarks or any other Citizen wants to weigh in on dictating the use of that property as is, ….They Should have to BUY it!….What a F’d up system….If the Bauers want to ACCEPT historic status , and get some kind of benifit for that ?….well OK!….But to invoke it upon them unwillingly!…..NO…..Everyone of those people who want to tell someone what to do with their property need to be prepared to have some skin in the game!
3 The Highlander // Aug 13, 2012 at 5:06 pm
Chief: The Landmark Commission is just another vestige of the Sloane Administration, which initiated the downfall of local political leadership – of which I’ve previously written. It was ‘political leadership’ in ‘lock-step’ with the local newspaper’s dictates. If you’re old enough to remember, Sloane had a woman named Sharon Wilbert who gained her 25 seconds of fame trying to preserve a building at the corner of Liberty and 4th Street called the “Will Sales” building, because it USED TO BE THE offices of the COURIER-JOURNAL and its editor, Henry Watterson, worked there and probably pfarted in his chair, there.
The amazing thing about all that is that Henry Watterson fought for the Confederacy in the Civil War — something the later Courier-Journal deliberately ignored. (To be sure Watterson changed his tune after his ‘side’ lost).
4 G'town Reader // Aug 13, 2012 at 6:51 pm
Good thing progress & economics at Hikes Point weren’t stopped, what?, over 40 yrs. ago by preservationists when the old Bauer’s saloon on Hikes Ln. was razed. Otherwise the Bauer family would have had a much smaller land lease portfolio. Hey – did anyone say they don’t even remember that Bauer building?
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