On Tuesday, the Antioch City Council unanimously approved the sale of the Humphrey’s building to Sean McCauley Investments, INC (SMI).
The sale of the building, located at 1 Marina Plaza, was for $1.2 million where the City of Antioch no longer is paying for operating and maintenance experiences of the Humphrey’s restaurant building and that will now fall under Sean McCauley Investments.
Furthermore, SMI has also submitted a Letter of Intent with a restaurant operator for the site to bring it back to a working restaurant. The Letter of Intent is with Randy and Lynn Tei, DBA RLW Properties for the operation of a Zephyr Grill & Bar Restaurant.
Councilman Tony Tiscareno said he saw the potential of the sale with Zephyr Grill possibly becoming the occupant but had concerns if there was a backup plan or not.
McCauley stated his preference to work with the owners of Zephyr because of their relationship but said it would be his responsibility to find others if needed.
“To answer the question, with an operator like Zephyr’s doesn’t come in, we will find someone else. I am not worried about it. I don’t think there will be a problem finding a good operator, the problem is with the building because its old,” said McCauley. “it needs to be revitalized. A restaurant owner isn’t a contractor, they want to walk into a place and say this is my vision and what I want to do. When you walk in over there that is what the missing piece is. That is the reason I am here, to fill in that missing piece. So who do we get if Randy and Lynn don’t come through, I am not really worried about it, it’s my $1.2 million I earned and I am not going to let it sit around on the Delta.”
He added the only one who should be worried about it was him because it was his money.
Mayor Pro Tem Lamar Thorpe wanted to make the motion to approve the sale because in his 5-years in being in Antioch, he has never seen the Humphrey’s building open.
Mayor Sean Wright said he was excited to see this project happen, but wanted to know why there was not a non-performance clause.
“Lets say in 3-years, and you still haven’t fixed it up, there is nothing protecting the city from you sitting on this forever,” said Wright. “As we finalize this, is there anyway to have some kind of assurance.”
McCauley replied “No” while adding they already had pulled permits, have fencing up and were ready to go.
Councilwoman Lori Ogorchock added that to put everyone at ease, “Sean MCauley Investments, if he says he is going to do it, he is going to do it. As you know, he already has lumber there and put a fence up. He will do what he says he is going to do. Every bit of my faith is in Sean.
The Council then approved the sale in a 5-0 vote.
More background Info from our Monday Report:
RLW has over 30 years of experience in the restaurant industry. They currently own and operate two restaurants in the Bay Area, Zephyr Grill & Bar in Brentwood and Zephyr Grill & Bar in Livermore; Ca. RLW is committed to revitalizing the site and operating an Antioch City Council Report November 14, 2017 Agenda Item# 4 3 elegant upscale restaurant. SMI was instrumental in RLW’s decision to launch this endeavor in the Rivertown District of Antioch. This will be their 3rd location in the Bay Area. They look forward to operating this 3rd restaurant for many years to come in Downtown Rivertown Antioch.
According to the Staff Report, One Marina Plaza The City of Antioch owns One Marina Plaza adjacent to the Antioch Marina overlooking the beautiful San Joaquin River. This site was formerly known as Humphrey’s on the Delta restaurant. The 12,432 square foot restaurant operated for many years until the ownership defaulted; the City petitioned and acquired the site through a “quiet title” action in 2014. In August of 2014 the City put out a Request for Qualifications (RFQ), and received no responses to this solicitation. After the official solicitation ended staff made further efforts to market the site.
The following are actions that staff took to solicit interest:
- Created a marketing flyer for the site and posted on the City website.
- Uploaded flyer to International Council of Shopping Center’s (ICSC) website.
- Reached out to ICSC members who develop or own restaurants and franchises.
- Reached out to “destination” restaurants or other restaurant looking to expand.
- Held tours on site with restaurant owners and restaurant brokers.
- Held meetings with County Health & Environmental, Delta Diablo Sanitary, developers, & restaurant designers.
- Advertised the site with the San Francisco Chronicle.
Prior to the current SMI negotiations and PSA, staff negotiated with Dorothy Everett and John Jernigan DBA Everett and Jones Barbecue for 16 months. These negotiations did not result in a final agreement.
For the full agenda, click here.