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Davenport City staff proposes RFP to attract restaurant tenant for former diner at Freight House
Summary
City staff reported on a commercial brokerrecommendation to keep the former diner as one unit and issue an RFP targeting established restaurants, noting major repair needs including $45,000 in flooring work and elevator and tuckpointing costs.
City staff reported that a commercial broker recommended keeping the former diner at the Freight House as a single rental unit and issuing a request for proposals (RFP) aimed at established restaurants.
The staff member who presented the item said the broker(identified in the meeting only as a staff member) told the group "it's obviously a really great space as far as, you know, size, location." The presenter said the brokeradvised the city to keep first and second floors together because of elevator access and the lack of a first-floor restroom, and to seek a tenant that could absorb build-out costs.
Why it matters: the Freight House space sits in a high-visibility downtown location, and the city's choice of leasing strategy will affect downtown foot traffic, tenant mix and near-term capital spending.
The staff member…
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