Ann Arbor Weather:
Wednesday July 17, 2019
Follow us: facebook twitter RSS feed

Encore Records

Facing an uncertain future

by Sabine Bickford

From the January, 2019 issue

The owners of Encore Records have been bracing themselves for the worst since the ground under their building on Liberty at Thompson was listed for lease last summer. The listing calls it "one of the last student high-rise opportunities in downtown Ann Arbor." Encore's yearlong lease was ending as we went to press, and Jim Dwyer, who bought the store in 2011 with his then-coworker Bill McClelland, says he has no idea if he'll be able to renew.

Under a ground lease, owners Douglas and Dolores Nollar would still own the land, but the tenant would have the right to construct a building on it. Instead of a lump sum, they and their heirs would get a long-term income--a recent ground lease on W. Stadium has a term of ninety-nine years--and the developers need less money up front. The downside is figuring out what happens to the building at the end of the lease--but none of the signers are likely to be around to worry about that.

Realtor Jim Chaconas says that the site's redevelopment doesn't have to mean the end for Encore. "I love that place!" he says. "I'd hate to see it go." But even if the owner of the new building agreed to lease to Encore--and the store could afford the rent--it would mean a long-term hiatus.

Dwyer and McClelland say that if the deal goes through, they'll try to take the award-winning record store somewhere else. "We'd like to stay downtown if we can," says Dwyer.     (end of article)

[Originally published in January, 2019.]

 



 
Bookmark and Share
Print Comment E-mail

You might also like:

Food & Beverage
Limousines
Pizza Restaurants
Nightspots: Bona Sera
Financial and Administrative
Slumber Doctor
June 2019 Fake Ad
Jay Forstner
Goats at Gallup
They'll even eat poison ivy.
Patrick Dunn
Quinn Evans Grows
Richard Hess says the news felt almost "too good to be true.
Patrick Dunn
Waterless Urinals at the Michigan League?
Question Corner: June 2019
Tim Athan
Pastries, Baked Goods, and Ice Cream Restaurants
Arbor Hospice
Ann Arborís Premier Haberdashery, Custom Suiting, Formal Attire.
spark ann arbor