City B & O Espresso Isn’t Going Anywhere
posted by April 2 at 16:22 PMon
Belmont & Olive
“We haven’t moved forward with any permanent plans because of the real estate climate,” says John Stoner, who owns the B&O property. “We’re in no hurry [to redevelop] unless the climate’s perfect.”
Of course, the B&O was never really going away. Stoner had been working with B&O’s owners to keep the coffee shop on the bottom floor of the 72 unit building which would have been built on the site.
For now, Stoner is focusing on developing other properties, and he doesn’t know when he’ll restart the B&O but, he says, “If we thought the [economy] was perfect today, it would [still] be two years until the store was demolished.”