Restaurant operators at ‘show-stopping’ venue say high rent could kill their businesses.
that makes him proud to live and work in Dallas. Beyond the Exchange food hall, the Discovery District includes several other restaurants and a green space with a 104-foot-tall video board where AT&T hosts sports-watching parties and cultural events.
Tenants are also battling two unexpected internal factors. They were told AT&T’s 6,500 on-campus employees would return to work — customers that Exchange operators were counting on for lunch or dinner sales. An AT&T spokesperson said “we have instituted return to work policies that include time in the office,” but multiple tenants say they need more customers.
McCullough said “the clock is ticking” on his restaurants and others. A few other high-profile tenants have already left since the food hall opened in 2020, including Regino Rojas , Amanda Freitag , and Val Jean-Bart . Misti Norris had a pop-up at the Exchange called Stepchild that has also ended, but it was meant to be temporary.
McCullough has a base rent of $1,771 each month, and if 18% of his sales is less than that, he still owes AT&T $1,771. McCullough said his goal is to have at least $8,000 per week in sales in order to make the math work for his business at the Exchange — so he can pay workers, buy food, pay sales tax and insurance and, ideally, make a profit.
“We’re seeing restaurants reconsidering their space, downsizing or moving out of downtown districts, given the slowdown in business lunch traffic. A lot of people are still working from home. It’s tough for a restaurant to make it in that very expensive downtown core rental space,” she said.they want the food hall to be successful. They now need to determine whether they can afford to stay.
“[AT&T] told us we can’t get our own valet, but they’re not providing valet,” Ellman said. “Imagine if you’re a 65-year-old person on a Saturday night. No valet, no parking: nowhere. I’m like, ‘Are you guys trying to put us out of business?’” In a section about unhoused people congregating near the food hall and disrupting customers’ outdoor experiences, AT&T writes, “This claim is easily proven false just by visiting the Discovery District; the security efforts there are clearly visible.”
Borga said he wanted a food stall at the Exchange, but he and management couldn’t make a deal. The AT&T team that manages the Discovery District often had frequent leadership changes, he said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
4-Alarm Fire Damages Dallas Army-Navy Thrift StoreIt took nearly 100 Dallas firefighters to get a 4-alarm fire at a Northwest Dallas strip shopping center under control Friday morning, officials with Dallas Fire-Rescue say.
Lire la suite »
Tenants in Linda Vista Apartments Served Eviction Notices, AgainLinda Vista apartment complex residents reported receiving eviction notices again after receiving them by mistake in September. This time, the eviction notice is real, and they must vacate by the end of next month.
Lire la suite »
Bladensburg tenants strike against rising rents, sewage backups, pestsThose on fixed or low incomes have struggled to keep pace after New Jersey-based Schweb Partners LLC bought the property in late March and raised monthly costs.
Lire la suite »
Hensley Field is Dallas’ most exciting development opportunityAsk most Dallasites and they would probably say they’ve never heard of Hensley Field. Perhaps the only mention of it in recent years was as the city’s “storage ...
Lire la suite »
Dallas takes step forward in prohibiting Airbnbs, VRBO short-term rentalsThe City Plan Commission broadly recommended on Thursday that Dallas prevent short-term rentals in single-family residential neighborhoods. The advisory...
Lire la suite »