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10-16-14 Redevelopment Commission Meeting
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10/13/2014 2:19:38 PM
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, 5(jUTHF C \_ <br /> • <br /> Department of <br /> .1'',: <br /> k "EA" Community Investment <br /> �.:. �---'�•'fir <br /> Memorandum <br /> Monday, October 13, 2014 <br /> TO: Redevelopment Commission <br /> FROM: Brock Zeeb, Director of Economic Resources <br /> SUBJECT: Tapastrie Lease - 105 W. Colfax, South Bend IN. <br /> On July 10th, staff updated the commission on the proposed RFP process to award a new restaurant <br /> concept at 105 W. Colfax. Before the Commission today is a lease for Tapastrie LLC.A new small plate <br /> and wine tasting restaurant concept. DCI assembled a small panel of downtown stakeholders to review <br /> the proposals and rate them based on uniqueness, finances, management and experience. The <br /> proposed Tapastrie lease is a 40 month lease with the first 4 months offered as a stabilization period. <br /> The new tenant plans an extensive nonstructural remodel of the space to provide the look, feel and <br /> atmosphere for the new concept. The proposed rent is 3,481.00 a month plus CAM expenses. The <br /> lease is planned to begin on Nov.1 2014.Carol Meehan is here to discuss the new concept and answer <br /> any questions. Staff is requesting Commission approval of the lease. <br /> 227 W. JEFFERSON BLVD. SOUTH BEND, IN 46601 I P: 574-235-9371 I FAX: 574-235-9021 I SOUTHBENDIN.GOV <br />
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