Archive for April, 2009

Richmond’s War on Nightlife (Cont.)

Wednesday, April 15th, 2009

War on nightlife? What war on nightlife?

The city is set to propose new rules for nightclubs and music venues in River City. Now where have we heard that tune before?

This week’s Style Weekly back page essay, penned by yours truly, takes a look at these new nightlife ordinances and recounts some of the “backstory” behind Richmond’s never-ending war on nightlife. I also manage to get in a dig at Chesterfield County, which is currently engaging in a “Footloose”-like war on dancing.

The Style Back Page begins:

A new promotional video commissioned by the Greater Richmond Partnership pays tribute to the city’s “live and vibrant music scene.” Venture Richmond’s Web site does the same: “Downtown Richmond has been attracting both local and national artists, performers and musicians for years and today a lot of Downtown’s vibe and energy comes from them.”

So what do you do with your downtown vibe? Naturally, if you are Richmond, you try to shut it off.

A few years ago, just as the National Theater and Toad’s Place were opening, the Wilder administration prepared a little housewarming gift. It proposed a series of laws that would have given the city the power to close down any club with little due process, and sought to actually penalize music venues for holding successful shows. Club owners were to “submit a plan for traffic and crowd control in and around the establishment to the police no later than seven days prior to the event” if they believed their show would be a success. Police then had to approve the concert.

Those loopy edicts — forcing club owners to be mind readers and to hope against last-minute ticket sales — were shelved. But City Hall is still determined to do something about all of this nightlife being championed in the tourist brochures.

A soon-to-be-proposed ordinance seeks to define nightclubs separately from restaurants and would require new music venues and promoters to file for a $1,100 conditional use permit in order to hold events — sorry Mr. Clapton — after midnight. Existing clubs would not have to adhere to this rule, and venues that feature disc jockeys and recorded music would be particularly affected.

There’s at least one common-sense notion in the proposed new rules: Clubs would have to file a management plan with the city that covers everything from noise to trash collection to security. It’s a reasonable idea, but why should clubs have to pay the city an exorbitant sum to file such a plan?

Read the whole thing right here.

… and it should be noted that Richmond’s unofficial slogan, “The City That Fun Forgot,” was first coined way back in 2002, in a two-part Richmond Magazine feature article by Harry Kollatz and Richard Foster. I wish I had a .pdf of this piece to link to because it is still relevant. Harry makes reference to it here and here over at his blog, The Hat.

Ukrop Haul Nukes 140 Jobs

Sunday, April 5th, 2009

Here’s the rundown on the fabulous moolah that the Ukrop boys will be pocketing as a result of selling First Market Bank to Union Bankshares. The payout to First Market Bank shareholders is to be made with Union Bankshares common stock (Nasdaq ticker: UBSH), which closed at $17.03 per share on Friday afternoon. So, the dollar value of the Ukrops’ payout, currently pegged at about $64 million, will fluctuate until they sell. Below is Saverichmond’s summary of the information from Union’s most recent SEC form 8k (the final page shows you First Market’s shareholders):

sellout4

Keep an eye on UBSH filings to see when they cash out, which I bet will be as soon as they are allowed. Like me and a spoon and a $7 pint of Ukrop’s chicken salad (and not the low-fat, sissy kind, mind you), most of it will be gone in the blink of an eye. Chest….on….fire….must…..have…..Prilosec…..

The two firms combined have received $93 million in bailout funding from the U.S. Treasury’s Troubled Asset Relief Program (TARP) for struggling financial institutions. Given the recent deterioration in the financial position of both banks, Saverichmond believes this transaction would not have been possible at all, or could have only proceeded at a much reduced price, in the absence of the taxpayer subsidy. By now, both firms would probably have been asked by their regulator to raise new capital - with terms far more onerous, and which would have diluted ownership.

So, as you ponder the greatness that is Jim Ukrop, keep in mind that this transaction that enriches him so, done with your tax dollars, will result in 140 job losses.

From the RTD (R.I.P.):

Union Bankshares employs 670 people, including 93 at its mortgage operations. First Market employs 370 people.

From RichmondBizSense:

Union First Market Bankshares Corp., as the new entity will be named, will have 900 employees, according to company representatives who spoke at a news conference Monday morning.

Well done, Banksters.

Tick… Tick… Tick…

Wednesday, April 1st, 2009

safety-last

Who cares if private fundraising is way, way, way down… ?

and why worry that the place won’t have an executive director until after it opens… ?

and why should local arts groups be concerned about where their promised arts endowment is… ?

Just relax.

The publicity stunt is here.

From a press release:

Artists announced for September 12-13 Grand Opening;
Clock on Broad Street starts ticking away time until doors open

RICHMOND – One-hundred and sixty-five days: The countdown is on to the Grand Opening of Richmond CenterStage, with a brand new clock on Broad Street that will tick away the moments until the September 12th grand opening of the world-class performing arts complex.

“The opening of Richmond CenterStage has been a long time coming, and the cultural impact this facility will bring to the city is within sight,” said Jim Ukrop, Chairman of the CenterStage Foundation, the fundraising arm of the performing arts center. “When CenterStage opens this year, it will become the cornerstone of this up-and-coming arts district in Virginia’s capital city.”

The Countdown Clock and signage measure 8 feet high by 16 feet long, and contain 1,280 digital LED lights. The 120-pound clock, designed by Chester-based Holiday Signs, will stand on the CenterStage construction site until the Grand Opening, 165 days from today. The clock was unveiled by school-age local performers.

Yeah, I hear a ticking sound all right. But it’s not a clock.

UPDATE: Several readers have contacted us with questions about all of this. No, the above is NOT an April Fool’s Joke. As much as it might read like one.

Today’s Richmond Times-Dispatch reveals even more absurdity. The paper reports that CenterStage planners and municipal enablers were comparing downtown Richmond to “Beirut” at their sparsely-attended publicity event yesterday — um, no, actually it’s “Bosnia,” folks — while admitting in public that this is not an arts-first endeavor but a bald-faced attempt by corporate bigwigs to spruce up both their downtown real estate and previous taxpayer-supporting boondoggles they’ve championed.

And — how typical for these dudes — they still don’t get it that the downtown arts community is doing pretty good without their arts center. In fact, they seem to think that an arts center that hasn’t even opened yet (a project that has wasted $11 million in public money on nothing but empty promises) is somehow responsible for the success of Curated Culture’s “First Friday” artwalk — a grassroots arts endeavor which was started eight years ago.

O-o-o-kay!

As for their reference points…

The reformed Lebanese capital of Beirut has had its share of awful times, but today it is actually considered a worldwide destination for the arts and nightlife, and was just named to the top of the list of the world’s “Best Places to Visit” by the New York Times. If you’ll recall, the last time the Times wrote about Richmond, it was to tell the outside world that River City had a crazy mayor and a dysfunctional government.

Yep, those in charge of hyping Richmond’s ongoing “Bridge to Nowhere” have clearly disengaged themselves from reality. In today’s RTD article, CenterStage chairman Jim Ukrop is also quoted telling reporters that this arts center project is one of the reasons why Richmond has a new Federal Courthouse.

I don’t suppose any of the reporters on hand were able to ask followup questions. Someone needed to inform Mr. Ukrop that the Federal Courthouse opened last year. Meanwhile, when it comes to an arts center, all we’ve gotten so far is a Digital time ticker… and not-so-fond memories of a $21 million hole in the ground.

Historical revisionism? Try HYSTERICAL revisionism. And you are paying for it.