Fri Mar 06, 2015 11:06 am
It's a rare day indeed when I use the word 'ghastly' but I can find no better description for a cocktail bar called Punk Panda.
Mermaid Quay is getting very corporate nowadays isn't it? Starbucks, Prezzo, GBK, Costa, Cote, Las Igaunas, Pizza Express etc etc. All of them have menu's and decor devised by accountants.
In commercial terms I think Mermaid Quay has been a success. I'd say it's well over 90% let and has been for years now. Thats a good thing mostly but I suppose there is absolutely no pressure on the owners to remodel/regenerate and so it's unlikely that the dismal architecture will get a face lift anytime soon. I wonder if the developers regret having been so unambitious now? I'm really surprised that they didn't try to incorporate apartments into the scheme and build higher at the outset.
I wonder if they will ever seek to develop the MQ car park? In terms of income I imagine that it brings in as much per annum as 10-15 commercial units. In terms of the urban grain it acts as a barrier between MQ and the older Bay area and even after 10-15 years or so the two areas both seem cut of from each other.