Interesting topic to bring up Gray - How trendyness and value interact.
Seems like this area has become trendy by: its core core location to downtown, green around it (not for long after city place injects thier glass towers in lue of our golf course), 'cool' king and queen west, bono purchasing a 4k sqr foot unit, 4million $$ lofts, and of course what we all desire in our cubicals a Herman Miller.
Seems as though Clounge and 4$ rum and cokes dont fit such a mould. (alhtough i did love the patio) Shame Shame.
Apparently; Sweeny and Freed have vested interest in this street, and are (from what ive heard only by rumor) have taken the science of architecture - buildling into the landscape ie; attention to light, and detail, to bring up the area. rather than putting my cookie mould stamp generically onto the land.
Still no word on the builder in its place, but i would hope that Liberty Group (owners of clounge) would recognize such an opportunity, and play with the big boys. Time will tell.
There is something to be said with a certain formula of: pub, club, retail, cafe (le select) and lofts that create the value of the street. Elminiating (as much as i want it too) C-lounge for more residential seems to go angainst Loft 'livers' and cool.
If club is essential for increasing value, then brad j lamb should open a scotch bar in corktown to complement his lofts. ..