EDITORIAL: An economic silver lining

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

For every piece of bad economic news, there’s a corresponding opportunity. That’s the
case with retail real estate, which is increasingly vacant as retailers nationwide feel the pain of consumers
who have all but gone into hiding.

That means real estate is priced to move, and in Indianapolis
local restaurant operators have been snapping up spaces that once-powerful national chain restaurants would’ve
paid big money for in better times.

The local eateries are suffering along with everyone else, but those that have
the wherewithal are taking a chance by expanding into bargain-priced locations. It’s good to see the likes of Café
Patachou, Ambrosia and Barley Island Brewing growing their local presence.

Local restaurants make a city unique,
creating a sense of place that can’t be duplicated. We hope the local restaurants succeed with their new ventures.•

__________

To comment on this editorial, write to ibjedit@ibj.com.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In