* … RETAIL: Duane Keathley is one of the smartest folks in town on the subject of commercial real estate, and Tuesday I spent an hour picking his brain on First Look with Scott Cox. Some factoids from my conversation with the senior partner at Cushman Wakefield: At one point the first Dollar General store on North Chester and China Grade Loop was one of the highest performing stores in the chain;
Panama Lane west of Highway 99 is set to explode with new retail over the next few years; East Hills Mall is "in play" as the new owners decide whether to raze it or revive part of it; there is new retail planned for Brimhall and Allen roads; and the average size of a BevMo! (beer and wine retailer) is about the size of Trader Joe's. And finally, at one point the relatively new Golden Corral on Ming Avenue was the No. 2 performing outlet in the chain.
* … MORE RETAIL: Reader Joe Chavez wrote asking if there are plans by any big retailers to set up shop in the Northeast. According to Keathley, likely not. Most of them are looking west, and southwest, where the average incomes are higher and there is more "day traffic," meaning more places of employment where workers may shop at lunch or after work.
* … IMMIGRATION: It looks like there may be a breakthrough on immigration reform. News reports say the House Republican leadership will be holding a three-day retreat during which Speaker John Boehner will issue his position on including a path to citizenship or legal status for illegal immigrants along with tighter border security. This is a huge issue in California, of course, where the political pressure has been intense on House Republicans to get something done. Protests at the local office of House Majority Whip Kevin McCarthy have become an almost weekly event, but it remains to be seen if the new Republican stance is enough for a true breakthrough with the Democratic controlled Senate.
* …. DROUGHT: The drought being played out in California is serious stuff, and now it looks like the Republicans are using it as a political issue. Central Valley Republicans hosted House Speaker John Boehner last week to criticize environmental laws that divert water from farmers to engendered species. As Boehner said, putting fish over people is a "crazy idea" where he comes from. As the drought intensifies there is little doubt that House Republicans will continue to seize on it as a hot issue. Stay tuned.
* … MORE DROUGHT: On the local front, you may have noticed the GET buses wrapped with messages encouraging water conservation. It's all part of a campaign by the non profit Water Association of Kern County to encourage water conservation in Kern County. The six buses will run for six months and they advertise a website - www.wakc.com - where people can find lots of ways to conserve water.
Showing posts with label retail activity. Show all posts
Showing posts with label retail activity. Show all posts
Tuesday, January 28, 2014
Sunday, January 26, 2014
Crabfest pulls in 450 people to raise more than $250,000 for the St. Francis Parish, and Terry Maxwell tests the patience of his constituents
* ... CRABFEST: A record 450 people turned out for the annual Rib and Crabfest to benefit the St. Francis Parish. This event has grown so popular (getting in is akin to scoring tickets to the Super Bowl) that Monsignor Craig Harrison had to move it to the old satellite wagering barn at the Kern County Fairground. Harrison told me the Parish expected to clear $250,000 from the Friday evening event. Among those I spotted there were Mikie and Dan Hay, Lisa Kimble Edmonston and husband Craig, Trevor and Annalise Townsend, Ken and Renee Carter, Day Raytis, Kristie Spitzer, Robin Mangarin Scott, Don and Patty Houchin, Jim and Beverly Camp, Jeff and Stephanie Pickering, Brian and Katie Kirschenmann and many others.* ... BCHS: You have to love the print advertising for Bakersfield Christian High School that features beaming young people wearing sweat shirts of the colleges they will be attending: USC, UCLA, Cal Poly, Georgia Tech, Pepperdine among others. A picture like that speaks to the success of BCHS in sending our young people off to school.
* ... MAXWELL: My colleague Lois Henry nailed it in her Sunday column about the Quixotic city councilman Terry Maxwell, who is ignoring the majority of residents in his own Ward 2 in opposing those who want cul de sacs on the "tree streets" at 24th Street. Maxwell holds to his own beliefs, if nothing else, but only time will tell if there will be a political price to pay.
* ... RETAIL: With so many new retailers lining up to move to Bakersfield - BevMo!, Nordstrom Rack, Sprouts Farmers Market among them - what does that say about the state of our economy? On Tuesday, I will be chatting with commercial real estate broker Duane Keathley about new retail activity and what that means for 2014 and beyond. Catch us on First Look with Scott Cox on NewsTalk KERN 1180 or live on bakersfield.com beginning at 9 a.m.
* … GOOD FORM: Ruth Darrington passed along this example of good form from an incident last week at the Albertson's on Mount Vernon. "A friend of mine and I were supposed to meet for lunch when I received a call from her telling me she had been in an accident at the Albertson's parking lot on Mt. Vernon. I rushed to the site and found her standing next to the Albertson's manager, Jeff Albitre. She was quite shook up and stood there as the paramedics checked her vitals. I don't know all the details, but what I do know is that this young man took it upon himself to talk to her insurance company and made sure that each person involved gave the insurance representative the information needed and then arranged for a tow. This whole process took almost 2 1/2 hours and is something that she would have had a difficult time doing. My friend and I would like to thank Jeff for his assistance, compassion, and willingness to give the highest caliber of customer service."
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