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Key West proceeding with brewery proposal

With a major development agreement in place and a new partner in the mix, plans to transform the old Waterfront Market on the Key West Bight into a working brewery, pub, restaurant and venue are quickly materializing.

Jan. 1, 2013 - PRLog -- Local restaurateur Chris Schultz (The Porch and 2 Cents) came up with the concept, teamed up with Joe Walsh (Mangoes, Caroline's, Jack Flats, Fogarty's and Red Fish Blue Fish) and in July gained Key West City Commission approval to go forward with the Caroline Street development.

In the early 1990s, the bight, running from Trumbo Point down Caroline Street and around to the end of Greene Street, was going through a rocky transition from decades as a commercial fishing hub into an uncertain future of dwindling business and blight.

Now, there's a harbor walk and signs that tout the historic working-waterfront element. There are also diverse restaurants and bars, retail stores and attractions that have one thing in common: They pay rent to the city.

That's because beginning in 1996, city officials created the Community Redevelopment Agency to oversee the bight, Caroline Street and, non-contiguously, parts of Bahama Village. The city's senior property manager, Marilyn Wilbarger, picked up on the bight's redevelopment history as supporting the $2 million investment.

January 2nd, 2013, Key West, Florida Keys. Per Fred Mullins and Team Mullins, Key West’s top producing Real Estate Team. “It's great to see this moving ahead due to the importance of what this will add to our local economy.

When asked to elaborate on why this is good for Key West, Fred further remarked, “Several reasons. For one, this will  result in more income for our local businesses through more exposure and marketing of everything Key West has to offer.  And two, it will provide more jobs, meaning more rentals will be needed. This helps our investors who buy homes to use as an income source.

Fred Mullins has more than 15 years of cross functional experience in real estate, international asset management and construction management. He has been a part of the management team for several Fortune 100 companies, including AT&T, Visa, FPL and C. B. Richard Ellis. His responsibilities have included real estate / property management portfolios of more than 9 million square ft. and international responsibilities in more than 10 countries.

Fred holds an MBA, B.S., real estate license, mortgage broker’s license, USCG Master Captains license and commercial pilot’s license.

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Source:Fred Mullins
Location:Key West - Florida - United States
Tags:Key West, Real Estate, Homes And Condos
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