Tuesday, January 27, 2009

Thanks for nothing, Home Depot

Haven't had time to say much lately, but today's news that the Yardbirds is being closed by the Despot is something of a blow to the town.

The financial analysis that supported incorporation did not include Yardbirds sales tax revenue, because it was closed over the time the analysis looked at. Supporters had been hoping that this realization would calm any willies people felt, because there would be more revenue than projected because of the store.

Well, not now, unless someone else puts something in; and I doubt the Despot will let another store in serving the same audience, wanting to shuffle people down to San Ramon or up to Concord.

The Despot is also closing the Expo stores, so we shouldn't take it too personally, but this isn't a help.