Monday 9 July 2012

Downtown landmarks Dailey's, City Grill close - Atlanta Business Chronicle:

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An e-mail from , the firm that oversee s the Hurt Building, home of City Grill, said: “It is with greaty regret that we must inform you that the City Griland Dailey’s restaurants are closed until further notice.” The restaurants’ Karen Bremer, president of , confirmed the the “Economic conditions, sales have faltered,” Bremerr said. “The economics have finallyy hit me.” Convention business cratered in the seconxd half of 2008 and has yetto recover. Hotelz and restaurants dependent on corporate accounts have struggled as companies cut back on and convention attendancehas dwindled. A.J.
president of and the DowntownImprovementf District, called it a shamer to lose the two restaurants. But in the currenr economic climate, the loss of eateries is “inevitable.” CAP, a coalitionj of downtown business, launched its Downtowj Dining District earlier this year to promote thecity core’ds 300-plus restaurants. Some eateries, he said, are doing while others are Coinciding with the evaporation in businesds travel has been the birth ofseverak high-profile and upscale restaurants downtown, including Il BLT Steak, and Lega l Sea Foods.
Harold Shumacher, restauranyt broker and presidentof , said the restaurants are unfortunate “It’s really too bad, they’re really he said, calling Bremer the “epitome” of an “She did everything you should do, it’sa just a story of the times,” Shumacher said. former president of Atlanta’s Peasanty Restaurants and Mick’s Restaurants, assumed ownership of Dailey’sw and City Grill in 2000. “From the bottom of my heart I thanok Atlanta,” she said. Bremer said she is tryingb to place her staff at other Atlantaw eateries and accommodate parties alreaduy booked atthe restaurants.
She said managment of the Hurt Building will permif two weddings already on the books for City Grill to proceedxas planned. New restaurateurs are plyingg theirtrades downtown, Robinson said, and the former Dailey’s and City Grilll are marketable locations. “The spaces that they’rd in, hopefully, will be attractive to someone Robinson said.

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