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When Thomas Moore purchased his Jacksonville, Fla.-area lot to build Quizno’s and space for other businesses, he really wanted the land next door. However, Moore wasn’t able to get the small corner lot, mostly because he knew the city would never approve his plans if he did: http://www.jaxnews.com/news/2007/jn-localnews-1024-jbacchus-7j24p1504.htm.
Now, due to Moore's impending construction and willingness to be a good neighbor, another developer has purchased the adjacent lot and is building a restaurant. Both were approved by planning commission officials last week.
Do adjacent restaurants provide more competition or mutual benefits for one another?
