[Neighbors] Neighbors_nobhill-nm Digest, Vol 100, Issue 1
Tandi Hufnagel
tandiwe76 at gmail.com
Tue Jun 2 12:08:09 MDT 2020
Love the beer garden and food truck idea, and think it would be beneficial
not to leave the space empty. It looks like there is a fence between the
brewery and Central? That border should be well defined, ideally with
plantings as well as fencing. There could be issues with people wandering
off Central into the beer garden.
On Tue, Jun 2, 2020 at 12:00 PM <
neighbors_nobhill-nm-request at mailman.swcp.com> wrote:
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> Today's Topics:
>
> 1. Nob Hill Neighborhood Association Board Meeting Wednesday
> Night (Gary and Melodie Eyster)
> 2. Possible temporary development of the restaurant pad at the
> deAnza Motor Lodge (Gary and Melodie Eyster)
>
>
>
> ---------- Forwarded message ----------
> From: Gary and Melodie Eyster <meyster1 at me.com>
> To: <neighbors at nobhill-nm.com>
> Cc: "'TheBoard NobHill-NM'" <theboard at nobhill-nm.com>
> Bcc:
> Date: Mon, 1 Jun 2020 12:26:04 -0600
> Subject: [Neighbors] Nob Hill Neighborhood Association Board Meeting
> Wednesday Night
>
> Friends and Neighbors,
>
>
>
> All are welcome to Wednesday night’s meeting, 6:30 pm, by Zoom. Agenda is
> attached.
>
>
>
> If you have ideas or questions reply to this email or feel free to drop
> in and out of the meeting.
>
>
>
> Will provide URL for Zoom on Wednesday.
>
>
>
> #VivaNobHill
>
> *Gary Eyster*
>
> *President, Nob Hill Neighborhood Association*
>
> *(505)991-1388*
>
> *meyster1 at me.com <meyster1 at me.com>*
>
>
>
>
>
>
>
> ---------- Forwarded message ----------
> From: Gary and Melodie Eyster <meyster1 at me.com>
> To: <neighbors at nobhill-nm.com>
> Cc: "'TheBoard NobHill-NM'" <theboard at nobhill-nm.com>
> Bcc:
> Date: Mon, 1 Jun 2020 12:32:04 -0600
> Subject: [Neighbors] Possible temporary development of the restaurant pad
> at the deAnza Motor Lodge
>
> Jim Trump of the da Anza Motor Lodge has reached out to Nob Hill
> Neighborhood Association for an expression of support for a temporary (5
> year) use of the restaurant pad at the motor lodge.
>
> Nob Hilleños are invited to reply to this email with any comments and/or
> to participate in the discussion at our NHNA board meeting Wednesday night,
> June 3.
>
> Reach Jim at 321-6493. Here is what he provided:
>
>
>
> The Restaurant Pad is targeted for a two story building that will
> complement the residential units. With the economic impact to existing
> restaurants (expected 60% to close), the marketing and demand time has
> probably been extended five years from 2020.
>
>
>
> Leaving the site vacant has concerns that impact the residential units and
> East Nob Hill activity. Therefore a temporary use being considered is an
> open beer garden with family entertainment. The design is to have
> containers for the Bar and freezer area, restrooms, and restaurant. All
> tables will be outside in the air, allowing safer surroundings.
>
>
>
> The De Anza Beer Garden will be a brewery, creating some of their own
> recipes. The balance of the beer will be guest kegs from other Albuquerque
> breweries.
>
>
>
> The De Anza Brewery will only be open Friday, Saturday, and Sunday.
> Special events may take place during the week. Hours of operation will be
> from 10 AM to 10 PM, always making sure events end prior to midnight so
> that residents and neighborhoods are not disturbed.
>
>
>
> The De Anza Brewery will not operate the restaurant, the goal is to work
> with new start up restaurants/food trucks, to give them a better
> opportunity for exposure.
>
>
>
> Large trees, colorful canopies, exterior lights will be throughout, a
> theme that supports Route 66 and the De Anza. Ping-Pong tables, Corn hole,
> and other activities will be included on site.
>
>
>
> Occupancy is expected not to exceed 50 people at any one time.
>
>
>
> This is a temporary use, not disregarding the original concept. It will
> need to gain neighborhood support and City approvals. The goal would be to
> have it operational March/April 2021.
>
>
>
> Once the pad is ready for long term development and occupancy, most of the
> De Anza Brewery improvements can be relocated to another site.
>
> A preliminary design concept is attached. Residents at the De Anza are
> very excited. The next step is to meet with the neighborhood association to
> find out if they support the concept.
>
>
>
> The Request to City:
>
>
>
> 1. Modify Development Agreement to current conditions.
>
> 2. Release the $90,000 to Anthea that was to reimburse for the
> refurbishing of the De Anza sign and securing the murals.
>
> 3. Approve the De Anza Beer Garden (once completed) as a successful
> alternative to complying with 100% of the development agreement.
>
>
>
>
>
> Financial Plan:
>
>
>
> 1. Land Cost: On a land lease, cost to cover property taxes and
> landlord’s insurance.
>
> 2. Occupants will be limited to 50 people at one time. Pro forma used
> an average of 35, which turned over four times a day during a 10 hour
> period. An average of 27 people at one time is a breakeven on the income
> expense projections.
>
> 3. Using the above assumptions, during a 3-day weekend there would be
> 420 customers.
>
> 4. Three days a week open, no special events or other income (i.e.
> shirt or growler sales) were included.
>
> 5. Each person would have two beers, cider, or wine during their
> stay. All sales are calculated at $5.00 a pint, cider, wine. Did not
> consider additional income from our brew or celebrity beer masters.
>
> 6. One Keg can generate 124 pints, used 100 pints to account for
> wasted product.
>
> 7. Assuming that 50% of the customers will spend $10.00 on food.
>
> 8. The restaurant operator would have no real estate or utility
> expense. Therefore 10% of their sales will be their lease rate.
>
> 9. Budgeted a capital investment of $140,000.00.
>
> 10. Budgeted a manager with six 30 hour employees.
>
> 11. Annual Net Operating Income with only being
> open eight months, approximately $35,000.
>
> 12. Annual Return on Investment is projected at
> approximately 25%, 100% payback of investment in four years.
>
>
>
> Nest Steps:
>
> 1. Get conceptual design.
>
> 2. Have a meeting with Nob Hill Neighborhood Association to review
> concept and get their approval.
>
> 3. Have a preliminary meeting with L.U.C.C. to get their conditional
> approval.
>
> 4. Price out the cost of construction with TLC and Pat Maloy.
>
> 5. Prove the income and expense projections with existing operator.
>
> 6. Firm up accounting rules for depreciation of this type of
> improvement.
>
> 7. Raise 100% of the capital required.
>
>
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