Goodwin said about 60% of his business consists of Bank ofAmerica employees who work in the Odell Building. His restaurant isbetween the building at Ninth and Tryon Streets and the TryonCenter for Visual Art.

In Charlotte as in other dense urban areas undergoingrevitalization activity, large chains with unlimited funds aremoving into the market and driving out the independent operatorssuch as Goodwin.

Goodwin's soon-to-be shuttered restaurant is not the only newsalong North Tryon Street. Renaissance Place, a 118,000-sf complexof apartments and offices at 631 North Tryon is on a 2.2-acre site,a portion of 17 acres of government-owned land. The city and countyare going over proposals from four developers, one of which couldbe chosen to create an urban village. If the redevelopment occurs,anything nearby would quickly become more valuable.

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