Arrivederci Guido’s?

August 5, 2010  |  1 Comments  |  by Ewing & Associates  |  Malibu

1993- 2010?guidos

By: Gracee Arthur

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Malibu locals and visitors alike will be sad to hear that Guido’s Restaurant may be homeless in September. The classic Italian restaurant with its cozy bar and large booths overlooks Malibu Creek in the Malibu Creek Plaza. When Steve Soboroff sold the Center in 2007 for a choice price he was quoted in the Malibu Times saying ”the new owners aren’t messing with anything.”
He also stated that the new owners had no immediate plans for rent increases and that people should not expect many changes at all. Ah, famous last words and none of them turned out to be an accurate representation of the new owner’s true plans.

Since the 2007 purchase of the Plaza most of the original tenants have left due to exorbitant rent increases demanded by the new owners at lease end. The pet store, a local real estate office, the hair salon, art framing store, pharmacy, Mexican Restaurant all gone, the bookstore may soon go, as well! Now Guido’s, a popular local eatery and gathering place is on life support with its lease ending in September.

I believe it is time for Malibu citizens to speak up with their wallets and boycott this center which is driving local merchants out of business or forcing them to undergo costly relocations to less central locations after years as valued tenants. I would love to hear resident’s comments on this topic.  I think Vassil, one of the owner’s and the host at Guido’s Malibu would appreciate our support as much as we appreciate his Bolognese!

www.guidosmalibu.com or email them at Guido’s

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