Grupo Freedom is prepping the stage to redo the former Have a Nice Day space at 2020 N. Lamar St., a 38,000-sf retail and office complex tucked into the city's leading one-stop shop of clubs and restaurants. "Our overall strategy was to replace Have a Nice Day with a good, upscale club operator," says Steve Williamson, senior vice president in Dallas for Houston-based Transwestern Commercial Services.
"It's the beginning of a transformation for the parking deck," Mason Bishop, a Transwestern associate, tells GlobeSt.com. He, Williamson and Transwestern vice president Larry Jordan spent six months negotiating the deal with Grupo Freedom's local brokers, Jack Gosnell, executive vice president with UCR Urban, and Marcello Rosen, a senior vice president.
The entertainment lease fills the largest opening in the locally owned parking center. Quoted rates range from the mid- to high teens.
According to the operator's website, Mambo Cafe is the newest concept of Caribbean discotheques, fusing classical tropical music with Latin pop. The club will end up neighboring House of Blues, setting up hard-to-beat synergies to marry the West End and Victory nightlife scene. "It's going to be the most exciting thing for the nightlife business that's hit that area in years," Williamson says.
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