I grabbed a bite at Macrina this morning. I generally avoid stopping in Belltown, hadn't walked around there for a couple of years. I was *amazed* at the number of restaurants there now, some old, some new, some in chrysalis, still others in hearse. The same thing seems to be happening in Ballard, Georgetown, Columbia City, all over.
All this made me wonder... Could it be that we have too many restaurants here? Between trends, the economy, and the sheer numerosity of places, I don't see how a *large* number of these can even HOPE to survive. Who is lending to these folks who are building out nicer places?
The pressure must be enormous. I see venerable--and very good--places like Etta's, Il Bistro, Ray's, Rover's, etc. now doing 2-for-1 and Passport deals.
Is this just "survival of the fittest", or have we reached a critical mass where sustained success cannot be easily rewarded?
93A Pike Street, Seattle, WA 98101