Flatiron’s Flops and Flips
Friday, January 21st, 2005
The Flatiron building has certainly seen its share of tenants come and go over the years. The bottom floor restaurant space, once a bank, remained vacant for years before a new location of Jake’s Ice Cream (presumably a franchise) opened up with great hoopla for Georgia State’s most trendy students. But then, something happened.
The bad news: Students returned this Spring semester only to be greeted by an empty storefront where Jake’s downtown location had barely existed. Alas, this Jake’s is dead.
The word on the street: Rumor has it that this Jake’s location didn’t pay its employees. Nobody seems to really have the real scoop. Everybody seems to prefer thinking that this location never really existed.
My personal speculation: The Broad Street market has grown, but not enough for two ice cream shops. One of them had to go, and it was unfortunately the better of the two. Bruster’s, another not-so-local chain, survives in one of the retail spaces in Georgia State’s Aderhold Learning Center.
The good news: The Flatiron building quickly found a new tenant: Fogão Gaucho, a local knockoff of Dallas-based Fogo de Chão Churrascaria. Can they survive?
The new bad news: Fogão Gaucho decided it would be a good idea to cover all their windows with red curtains. When it opens, pedestrians will not get a peek of the inside, and patrons will not be able to see the people outside. This most basic design element of the new restaurant violates Rule 2: “Make the building front ‘permeable’ (i.e., no blank walls).” With the curtains, there is no connection between the neighborhood and the neighbor.
The new speculation: Whereas Fogão Gaucho is geared toward tourists and the upper crust, the business has little choice but to advertise heavily to the local convention business. Given how much support the hotels around Peachtree Center gave to the old downtown Macy’s, I’m cautiously pessimistic about Fogão’s gamble with the Flatiron.