Local News

Nov 8, 2013 5:19 PM by Andrew Ellison - aellison@kristv.com

Expensive Bond Project Sits Empty: City Looking for Tenant

CORPUS CHRISTI - We're digging deeper into a project voters approved nine years ago that has sat empty since it was completed.

We're talking about the kiosks that were built next to the seawall across from the American Bank Center.

They were part of a $15.4 million project approved in the 2004 Bond Election.

It was supposed to be a great fit, serving as a location for people to grab a quick bite to eat while they walk along the shoreline, check out the fountain, or maybe visit the American Bank Center.

But no one has ever leased it out.

The city says it's come close to getting a tenant once.

It was in talks with a company called Game Time Food and Beverage a couple of years ago.

The company was going to operate the kiosk from Memorial Day to Labor Day, and Spring Break. In short, most of the peak tourist seasons, but at the last second, the city says the company backed out.

The rent would have been $200 to $300 a month to the city, and the city would have taken eight percent of the profit.

So, now the city is eager to find a tenant. It says it will negotiate on length of stay, what the company would sell, and even how much they'd pay in rent.

Basically, if you're interested, the city wants you to call.

»Comments

Top Videos

1 2 3 4

Submit News

Do you have a tip, information about a breaking news story, or a story idea for 6 Investigates? Contact the KRIS 6 News Desk at 361-884-6666 or send us an email.

Most Popular

KRISTV.COM is Social!


Click the icons above to receive News, Weather, and Sports alerts from KRISTV.COM!

Inside KRISTV.COM

Contact Us
Send us your feedback. We want to hear from you!
Photo Central
Look at photos and videos and share them!
KRISTV.COM Mobile Website
Get KRISTV.com on your mobile or PDA!
KRISTV.COM Mobile Apps
Get our mobile apps on your mobile or PDA!
Texas Lottery
See the latest winning numbers!
6 News Team
Read about your favorite KRIS-TV personalities!
FCC Online Public File
FCC Public File of Records, Reports, and more