Food Halls/Markets
Was wondering if any developers/investors have experience with food halls and Markets. I’ve seen many pop up lately. Are food halls very investable right now? Does anyone have experience developing them?
Hey Ny1295, what a lonely thread. I'm here since nobody responded ...so maybe one of these discussions will help:
If those topics were completely useless, don't blame me, blame my programmers...
Would have to guess that most of these places have gotten absolutely fucked lately -- where in the hell are they popping up?
We have one in an absolute tertiary market and it's getting kicked straight to hell. Not for nothing, I ate at one of the little semi-indoor semi-outdoor taco bars and it was absolute garbage. I've about had it with all of this pickled vegetable bullshit that's hip to put on everything right now. I want that thing to fail so bad.
lold
COVID aside, I think they're a great addition to existing retail assets if done right, but a strange concept on their own.
Similarly, but probably more COVID friendly, anyone have experience with cloud/shadow kitchens? One popped up near me and it seems to be successful and I'm curious if anyone has more information.
OP actually clicked submit on this in 2017 but for some reason it only posted now.
Oh that explains why he thinks a bunch of them are popping up now.
Look up Armature Works in Tampa.
We were considering one for a large, mixed-use project we were doing. COVID is drastically changing the desire for us to include one. We are pivoting into a more residential use instead.
Prior to COVID, these were very operationally intensive assets with close to zero creditworthy tenants. After COVID, you have the same issues but now there are no customers either.
When it works well, it works really well. However, in general, the risk-reward ins't there (pre or post COVID). But as a consumer, I love them.
i'm from ny and everything is good but dos toros is the best
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