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Local concessionaire asks Austin airport commission for rent abatement after South Terminal lease dispute
Summary
A local restaurateur who operated a concession at AUS’s South Terminal told commissioners he invested $650,000 and employs 25 people but faces losing the space after a landlord dispute; he asked the commission for rent abatement under $200,000 to bridge through the end of his contract.
Steven Shallcross, a longtime Austin hospitality operator, told the Austin Airport Advisory Commission that his company invested $650,000 to build and operate a concession at the South Terminal and now faces business and debt pressures after a lease dispute removed his landlord role and left the concession without a guaranteed place in the new terminal.
Shallcross said he opened the South Terminal concession in July 2018 after signing a lease in December 2017. He told commissioners he and his firms employ about 25 people at the South Terminal and that the concession’s “capture rate” — the share of terminal visitors who made purchases — rose from…
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