Development on Ocean Front Walk
The Ocean Front Walk has become a hot spot for
development lately. Upscale development may be the biggest threat to the
“ambiance” of the OFW, and is likely driving the removal of the
homeless, higher rents, and pressure on vendors on both sides of the Walk, more
than anything else.
A few examples
include:
• The nearly completed
massive condo project that straddles Thornton between Speedway and OFW (see
photos). A Starbucks is rumored to be an upcoming
tenant.
• The interest from
Champion Development in tearing down the “Gingerbread Court”
(formerly the Seabreeze Apts. built by Eddie Cantor), and adjacent properties
and replacing them with a 4 Seasons luxury
hotel.
• Yet another building by
Frank Murphy, two doors north from Figtree’s Restaurant which will block
the ocean view from much of the Ellison
Apartments.
• A new project at
the site of the old L&A Market (near
Dudley).
• The recent purchase by
a corporation of the 5 Rose building that houses many low-income
residents.
These are issues that will
profoundly affect our distinctly Venetian “front
door.”
–Jim
Smith
Posted: Mon - October 1, 2007 at 08:07 PM