This new residence will add 300 students living across the street from the plaza starting May 2024. Time to start a new restaurant, grocery, medical clinic, retail, ect. The existing Jamaican restaurant is subletting their unit so a new owner can re-establish in this space. Over $200,000 was spent in renovations including all permits and fees. A liquor license has been applied for and it would be transferable. | The plaza has parking for 22 cars plus there is metered parking on the Catherine street side of the plaza. A Redevelopment/Demolition clause is in the standard form of all leases. The first 5 years of all leases are exempt of such clause. If the redevelopment clause is enforced in any subsequent 5 year terms, then the Tenant will always be given twelve (12) months notice to vacate the premises. |