Competition could be causing the spike in rent for business owners on South Congress Ave

  • 📰 cbsaustin
  • ⏱ Reading Time:
  • 20 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 51%

South Congress Noticias

Rent,Business Owners,Austin

If you've lived in Austin for two years, or 20, you know that South Congress Avenue is one of the hottest spots in town.Some call it the heart of Austin-- from

If you've lived in Austin for two years, or 20, you know that South Congress Avenue is one of the hottest spots in town.

According to the South Congress Merchants Association, rent for business owners on South Congress has increased about 300% since the COVID-19 pandemic, leaving some store owners with the decision to vacate, or shutdown altogether. "It's gotten replaced with that corporate stuff, they might have a nice fun label on the top but then underneath it's owned by some LLC."

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 595. in MX

México Últimas Noticias, México Titulares