
Posted in reply to the post by Karen the KAT:
I lived in Mammoth Lakes for 30 years, and I remember watching as the prime "gateway" corner property first became a Bank of America, and then a strip mall with a Safeway, laundromat, and Rexall. "Welcome to Mammoth, banking, groceries, laundry and drugs on the left"...
It was, and still is, an eyesore. The problem is that we fought it, and fought it, and eventually Safeway out-spent the county, greased the right pockets, and built it. There was plenty of time to stop it by coming up with a better idea, but instead, they tried to beat a huge company in court, and predictably failed.
This is the same issue facing Sebastopol right now, and the same in-effectual game plan. If CVS really wants that location, they will just start suing the town until it's broke. Additionally, everybody has a price, especially politicians.What's a few hundred thousand in bribe money to buy a vote or two when you are a multi-billion dollar corporation/bank? Chase is worth what, half a trillion dollars? You're not going to beat them that way, you have to have another plan.
You have to beat them to the punch, and come up with an offer to the Pellini's that puts the same amount of money in their pocket, faster.
Sebastopol is the Center of California Pinot Noir, what more logical than anchoring the property with the existing classic building turned into a co-op tasting room for small local wineries? The rest of the property can be turned into small retail spaces for restaurants and shops of a like vein.
Co-op tasting rooms are a great way for small producers to get their products into the hands of consumers without going through all the licensing, fighting your neighbors, use permits and finally building a tasting room off on some country road where it's hard to find.
Start contacting every winemaker in the area and float the idea, get somebody that wants to play property management company, and they can take the loan to Exchange Bank or such.
Maybe I could play a part in it, but I don't have any information. If somebody out there has the numbers on this property, let me know, and we can see if they come out right. What's the lot square footage, the existing zoning, the size of the improvements (buildings), the environmental concerns (It was effectively a toxic waste site for 70+ years). Do the owners want to lease or sell and what's the price?
I don't live in Sebastopol right now, but I do want to move back there from the South county area, and as a winemaker, if I had my own small brand, which I soon will, I would love to get my product into a gateway location like that, in a classic old building. The co-op up north of Healdsburg is always full of customers. Why not a place dedicated primarily to Pinot Producers?
This is the first idea that popped into my head that would bring enough businesses together to be able to come up with the money the property owner surely wants
If somebody out there has the numbers and math, post it here, or contact me.
KAT