Nana Journals

An anthology of some of the best writings, photos, and information pertaining to the Bangkok
nightlife featuring comments and highlights from the best blogs and websites on the subject.

Friday, June 13, 2008

Land Worth More Than Nana Plaza

The land under Nana Plaza in Bangkok is much more valuable than the rents paid by a bunch of bars.
On top of that - the big hotels in the area want it gone and they are influencing the big Thais to push it they way they want it to go. Which is gone.
Keep in mind - the same “group” that is selling out the Night Bazaar would easily sell out the plaza.
So over time I just think the place will have a hard time providing the same revenue stream that a large condo, office building or mixed use development would provide.
The Big Mango

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