The big problem with a Downtown co-op, I'm told, is the same problem
faced by lots of "mom-and-pop" businesses who want to be there:
higher-than-average land costs.

And even though there are roughly 22,000 residents within the
94-35W-River ring, I wonder if that is enough to sustain an operation
that would have land-related cash-flow problems.

Personally, I've always wondered why the SuperValu (is it a SuperValu?)
over by Surdyk's in near-Northeast doesn't clean up its act a bit and
market more to downtown residents. Folks in the North Loop and
Riverfront already live closer, or almost as close, to that grocery than
to the proposed Lunds at 10th-12th Street & Hennepin.

A nicer SuperValu wouldn't serve as many downtown-area residents as the
proposed Lunds (Lunds is looking there because of the Loring Park crowd,
plus south and western commuters), but it would be a heck of a lot
cheaper, subsidy-wise. Sorta like enticing Walmart or the like into the
old Ward's space in City Center rather than buying a brand-new Target.

David Brauer
King Field - Ward 10
(Wearing citizen hat, not that of Skyway News managing editor)

> -----Original Message-----
> From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]] On Behalf
Of Many
> Crows
> Sent: Thursday, October 04, 2001 8:23 PM
> To: Mpls Issues
> Subject: [Mpls] NE Cooperative
> 
> There was an inquiry about the North East Cooperative opening next
> spring. I thought I would pass the website along to the list if anyone
> else was interested. For those who were thinking of starting a
downtown
> coop you could look at what they're doing and call them for advice.
What
> do people on the list think of a coop downtown?
>


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