night club signs 5-year lease in restored building
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If restaurants and art galleries can have "rows" in Downtown, it only makes sense that nightclubs will naturally follow suite -- and we may be seeing the foundation for one already taking root.
A new "club/bar/restaurant" venue called Midway has just executed a five-year lease to occupy the ground floor of the two-story structure on Hill Street south of 9th, next to Nine Zero Seven Club and a block down from a 8th & Hill retail space which signed a similar business back in May.
According to broker David Muir of DAUM Commercial Real Estate, the new lessees currently operate several bars and clubs in Hollywood and Echo Park, though names cannot be disclosed at this time. (I already asked, it's not the guys behind The Echo.)
"Their lease contract is subject to CUP [Conditional Use Permit] approval, and the space needs to completely built out," explains Muir. "The business won't open for at least another seven months."
Mini Historic Revival
Built in 1917, the charming brick building was last home to business products purveyor United Stationers, though during that time the edifice was just another faded Downtown eyesore. For decades, brown mid-century paneling and grating covered the facade and upper level windows.
Last year, new owners acquired the property and invested to restore its original aesthetic, which fortunately wasn't destroyed by the metal veil.
The transformation is remarkable.
Today the revived structure stands with neighboring furniture store Loft Appeal to spur new development interest at the corner of 9th and Hill, anchored by the planned adaptive-reuse of the Washington Mutual Building across the street.
David Muir is a commercial broker in the Downtown area and can be reached at 213-270-2244.
-new retail deals for italian steakhouse, nightclub
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6 comments
I can’t seem to find any information on Club 909. Does anybody know anything about it?
good job maybe this could spur more restaurants and shops and then we all will sigh “Mode Who?”
well with club 907 right next door, my guess would be that it is the same owners. i think 907 is a taxi dance club. no shortage of those in this area.
It’s not the same owners from next door.
What is a “taxi dance club”?
where guys pay to have women to dance with them. wikipedia has a good article on them.
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