Wednesday, September 12, 2007

If this is success...

I'm not sure I want a piece of it.


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From Meghan Hoyer at the Virginian-Pilot, Stand-alone Starbucks to be Portsmouth's first:
The only South Hampton Roads municipality without a stand-alone Starbucks, Portsmouth will soon be getting its own downtown outlet of the coffee chain.

The City Council on Tuesday approved plans to build a Starbucks on a vacant lot at 361 Effingham St. The property, at the corner of North Street, is on the edge of Olde Towne and on the way to the Naval Medical Center. It will feature indoor and outdoor seating, plus a drive-up window.

Starbucks will use about a half-acre of the property; the rest of the land will be used for a small, four-unit condominium, developers said in a written proposal.

Portsmouth 's only Starbucks is inside a Farm Fresh store in Victory Crossing Shopping Center.

Once it opens next spring, the Starbucks will generate about $120,000 in tax revenues, mostly through food and beverage taxes, city officials estimated. The adjacent condos will generate about $14,000 in real estate taxes.
The end of civilization as we know it.

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