- change ups
Restaurateur Gets More Time
In return, Gilmore Collection President Gregory Gilmore agreed to raise the company's performance bond for the project by $10,000 to a total of $30,000. The extension was the third the firm received, since it bought the building from the city in 2003.
Gilmore said he tried to develop a full-service restaurant at the building with a rooftop dining area, but the cost to do that became too expensive. He told the city he had already invested $252,000 and 160 hours into project, and would need to spend another $300,000 to finish it.
The company originally planned to invest a total of $300,000 in the Red Ball Jet Café, the name chosen for the restaurant. But the firm realized it would have a difficult time recouping that investment with only 900 square feet of year-round indoor space and 735 square feet of seasonal dining space on the roof.
Second Ward commissioners Rick Tormala and
"He is going to have a business there in a few months," said Bliss. "Everyone agreed that they were in favor of him going forward and of increasing the performance bond."
"His good name is involved in this also, and he wants to see it done. They wanted to give him a chance, and we have limited control over this," said Tormala.