Summary
Santa Monica has scrapped the California Roadhouse deal for a Pier restaurant, leaving that spot’s future up in the air. If you spend time at the Pier, the promised dining option is now uncertain.
At a glance
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Impact analysis
Taxpayers may lose expected rent and sales-tax revenue from the deal, and the city could face extra costs to re-lease or maintain the vacant space.
Other Pier restaurant operators and prospective tenants could benefit if the space goes back out to bid.
California Roadhouse, its workers and investors take the hit, and Pier visitors lose a promised dining option.
Mentions & discussions (1)
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