Corbett Restaurant Group In The Boston Globe

FOR RESTAURATEURS, THERE’S STRENGTH IN CLUSTERS

Are too many restaurants in one area competition? 

Several restaurant groups in Boston have found their destiny in density, opening eateries in clusters along one block or square. And they’ll argue that they’re not cannibalizing their business, but building on it.

Read what Corbett Restaurant Group President, Todd Smith tells The Boston Globe about how it helps, not hurts restaurants.

DUDLEY SQUARE RESTAURANT SPACE

City’s plan for a big new Dudley Square eatery by Feb. stalls but one of Boston’s busiest restaurant real estate brokers wonders if the city was equally inexperienced.

“They really should have offered more incentives, like landlords do in the private space,” said Todd Smith, the owner of Corbett Restaurant Group. “That’s a big project. It’s a tough sell.”

Smith said big public investments in Dudley have not gone unnoticed by private investors. But he estimated that building out the large restaurant space would cost more than $2 million, limiting the pool of potential operators.

This article was originally posted by The Boston Globe here.