Caribou Coffee Company closed its West Franklin Street location in December to divert business to the East Franklin Street Caribou, Gwyn said.
“The store was doing quite well when they opened it, but a lot of their customers started going to the one down on Estes because it has parking and is more convenient,” he said.
Gwyn said he’s still looking for a business to lease the space Caribou once occupied, but he’s had several inquiries and is confident about the prospects.
“I’m sure somebody will come along with a good idea,” he said. “The sooner the better for everyone. Nobody wants a dark space.”
He said one such promising bid wanted to turn the space into a barbecue restaurant but failed to secure appropriate financial backing.
“You don’t want something that students can’t afford,” he said.
Gwyn said he’s looking for a restaurant to occupy the space.
“I’d like to see a place come in that offers what students want and isn’t really expensive,” he said. “The space lends itself to a business that can thrive on a pedestrian orientation. Hopefully it’ll be successful and stay there a long time and serve the students.”