submitted by Tom Linehan
I spoke with Julia Akin, President of The Frisco Shop, on Friday about Walgreen's intentions to purchase the corner property at Burnet and Koenig. She confirmed that negotiations are underway and is encouraged. Frisco's recently met with the broker and everything appears to moving along as planned. For Frisco, it's good news.
Julia said they will likely open up in another location, one that will better accommodate their needs. The current building which they have been in for 53 years is no longer well suited for their operations. It needs updating. Julia sees the prospective sale of the property as a win-win. It's currrently owned by two elderly sisters from Seguin who no longer have an interest in the property and need to sell it. She says Walgreens has been very good to work with and indicated their willigness to meet with the neighborhood to discuss their plans. The recent press about the sale has caused problems for Frisco, both in terms of employees who fear being out of job sometime soon and loyal patrons who fear the restaurant is closing altogether. The fact is, Julia said they are probably a year away from any change occurring. More to come.
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