74 replies to this topic

[mental757]

Since it's not technically the same project as 110 - I thought to make it's own thread...

PBN: "Granoffs to rehab Arcade for $8M"

http://www.pbn.com/stories/32406.htm


PROJO: "Tenants have 30 days to leave Arcade"

http://www.projo.com/ri/providence/content...15.38ebc8e.html

[jencoleslaw]

Is it just me, or is $8 million not really enough to update, rehab, reno, facelift, a building such as the arcade?

[Pseudo_Work]

jencoleslaw, on Jun 1 2008, 07:21 AM, said:

Is it just me, or is $8 million not really enough to update, rehab, reno, facelift, a building such as the arcade?

Considering most of it is priceless iron work and hardwood flooring that's not in any shape to be deemed structurally unsound or inefficient, I'd have to say 8 million dollars is plenty.

[FjmArch]

jencoleslaw, on Jun 1 2008, 11:21 AM, said:

Is it just me, or is $8 million not really enough to update, rehab, reno, facelift, a building such as the arcade?

$2 million for the demolition and 6 million to spread around for permits sounds about right.

I went in over the weekend just to take another look, most of the work would be interior demolition of the sad little food stands and I would assume the Granoff's aren't going to any great expense to refit the interior. So $8mil. should be plenty.

Edited by FjmArch, 02 June 2008 - 02:10 PM.

[mental757]

Sounds to me like its mosly HVAC and MEP upgrades, interior clearing, and maybe a coat of paint here or there.

[CtownMikey]

http://www.beloblog.com/ProJo_Blogs/bizblo...s_into_arc.html


will whatever goes in the 110 spot kind of magically have a similar completion date with this renovation and the hotel going up across the street?

the article above mentions a potential reconfiguration of the arcade.

[Garris]

CtownMikey, on Jun 2 2008, 08:48 PM, said:

http://www.beloblog.com/ProJo_Blogs/bizblo...s_into_arc.html

Good for the Johnston (strip mall hell) mayor! I'm glad someone in RI is thinking about attracting retailers and business to their communities!

- Garris

[stylin]

Garris, on Jun 2 2008, 09:59 PM, said:

Good for the Johnston (strip mall hell) mayor! I'm glad someone in RI is thinking about attracting retailers and business to their communities!

- Garris

I am also glad you brought up the subject. I find it really sad that there wasn't an effort by the Providence Foundation or the City to become envolved on the businesses that were being displaced behalf. Some reasonable and fare negotiations should have been looked into. Even as a gesture of "gee thanks for the 25 years you paid me rent kind of thing".... As I read it in the paper ......no one had any idea this was going to happen so soon...but...I bet cha they did know!!!......

[Wilton]

stylin, on Jun 4 2008, 11:10 PM, said:

I am also glad you brought up the subject. I find it really sad that there wasn't an effort by the Providence Foundation or the City to become envolved on the businesses that were being displaced behalf. Some reasonable and fare negotiations should have been looked into. Even as a gesture of "gee thanks for the 25 years you paid me rent kind of thing".... As I read it in the paper ......no one had any idea this was going to happen so soon...but...I bet cha they did know!!!......

If you mean "no one" meaning the Granoff gang, oh yea, they've known for quite a while.

If you mean "no one" meaning the tenants, NO, no one knew!
For the three Granoff has owned it not once did he communicate with the tenants. Renovations were rumored but all assumed they'd happen around them. He then gives 30 days for all to get out; nice guy.
Also note: Granoff cried about a $10.000 a month loss but neglected to mention that for those three years he never once offered anyone a lease and there were more than enough perspective tenants to fill it. His mind set is that it will make money if taken over by a single tenant. He hired a realtor who after three years quit not finding one and told him as she left to allow small businesses to move in.
I feel sorry for the people of Providence for what he may do to the nations oldest mall.
Keep an eye him.

Edited by Wilton, 16 June 2008 - 08:07 PM.

[Pseudo_Work]

stylin, on Jun 4 2008, 07:10 PM, said:

I am also glad you brought up the subject. I find it really sad that there wasn't an effort by the Providence Foundation or the City to become envolved on the businesses that were being displaced behalf. Some reasonable and fare negotiations should have been looked into. Even as a gesture of "gee thanks for the 25 years you paid me rent kind of thing".... As I read it in the paper ......no one had any idea this was going to happen so soon...but...I bet cha they did know!!!......

And for that matter, what ever happened to that ordinance that was passed that required 90 days' notice on behalf of developers before evicting tenants? Did that just go out the window? And aren't they also supposed to help find new space for them?

[Frankie811]

Wilton, on Jun 16 2008, 09:55 PM, said:

He hired a realtor who after three years quit not finding one and told him as she left to allow small businesses to move in.

Was this a transgendered person? I might know him/her. Sorry, I couldn't resist that one.

[Cotuit]

Wilton, on Jun 16 2008, 09:55 PM, said:

If you mean "no one" meaning the Granoff gang, oh yea, they've known for quite a while.

If you mean "no one" meaning the tenants, NO, no one knew!
For the three Granoff has owned it not once did he communicate with the tenants. Renovations were rumored but all assumed they'd happen around them. He then gives 30 days for all to get out; nice guy.

I imagine no one told any of the tenants over the last several years that July 1st (or whatever) they'd be out. But it has been all over the media that they are fixing to do something there, and they've all been on month-to-month leases for some time, it doesn't take a rocket scientist to see the writing on the wall. I feel bad for the businesses that are evicted, but a month-to-month lease is what it is, if the businesses weren't comfortable with that, they should have been looking for more permanent accommodations sooner.

Pseudo_Work, on Jun 17 2008, 02:56 AM, said:

And for that matter, what ever happened to that ordinance that was passed that required 90 days' notice on behalf of developers before evicting tenants? Did that just go out the window? And aren't they also supposed to help find new space for them?

I'm not sure if that has passed and been all tied up yet. Also, it is only for developers that are looking for city subsidies, if they don't want a subsidy from the city, then the lease arrangements they had in place with their tenants prevail, i.e. month-to-month with 30 days notice.

Frankie811, on Jun 17 2008, 06:53 AM, said:

Was this a transgendered person? I might know him/her. Sorry, I couldn't resist that one.

Are you making a joke we are all supposed to get?

[riari]

I visited today to get a dose of Providence Cookies (yum). The cookie ladies said that the tenants are working together to stay a little longer at least. Jeez, Providence Cookie has been there for 28 years! Arcade was hopping on the first floor. Pay a visit and check out the historic photos on all 3 floors.

[prudence]

riari, on Jun 17 2008, 03:46 PM, said:

I visited today to get a dose of Providence Cookies (yum). The cookie ladies said that the tenants are working together to stay a little longer at least. Jeez, Providence Cookie has been there for 28 years! Arcade was hopping on the first floor. Pay a visit and check out the historic photos on all 3 floors.

providence cookie would look great in some of buff's space on westminster in a nice percentage sales lease deal that would ensure their viability. let's get something in there that people will actually go in and buy stuff and create an active environment, unlike the bizarre design without reach types.

[Frankie811]

Brussat's take on the Arcade

Don’t destroy Arcade to save it.

The Granoff brothers, Evan and Lloyd, whose family owned American Tourister, in Warren, will shortly begin renovating the Providence Arcade.

Frankie811, on Jun 20 2008, 04:40 AM, said:

Brussat's take on the Arcade

Don’t destroy Arcade to save it.

The Granoff brothers, Evan and Lloyd, whose family owned American Tourister, in Warren, will shortly begin renovating the Providence Arcade.

Can this be?

The Paolinos, father and son, have rehabilitated more buildings than they’ve demolished, at least since 1978, and in the 1990s sold their best buildings in the old commercial district, or Downcity, to another local developer, Arnold “Buff” Chace.

[Frankie811]

Arcade upgrade may be delayed until fall

Don Boehner, owner of Copacetic, a jewelry store in the Arcade in Providence, will try a new venture, merging his shop with Bette Hills’ Providence Cookie Co. at a new location on Peck Street. “Cookies and jewelry? Women who come in hear that and say, ‘What could be better?’ ” Boehner said.

Less than a week from the day when the shops in the Arcade are supposed to pack up and move out to make way for new development, it seems like business as usual in the 180-year-old indoor mall.

Edited by Frankie811, 26 June 2008 - 10:03 PM.

[Frankie811]

Arcade owners delay evictions

Six of the remaining businesses at the Arcade have been granted permission to stay in America’s oldest indoor mall until Sept. 1, a relief to business owners who expected to be kicked out July 1.

[browncoat]

I understand that the Arcade will soon be closed indefinitely for renovations.

Am I the only one who thinks there will be an "accident" during those renovations (in an all-too-familiar fashion)?

[jencoleslaw]

browncoat, on Jul 7 2008, 09:57 AM, said:

I understand that the Arcade will soon be closed indefinitely for renovations.

Am I the only one who thinks there will be an "accident" during those renovations (in an all-too-familiar fashion)?

FYI, that's not me posting under a different account.

[chaz200]

browncoat, on Jul 7 2008, 09:57 AM, said:

I understand that the Arcade will soon be closed indefinitely for renovations.

Am I the only one who thinks there will be an "accident" during those renovations (in an all-too-familiar fashion)?

Once empty I am sure it will sit there for months and then we will hear about what a safety hazard it is and has to be torn down. Of course that increases the footprint of the now vacant property and now you have the new Hampton Inn parking lot, here to service our customers for a small fee.