Owners of this swanky Bay Area shopping center have filed for bankruptcy. Could housing come next?

Three customers. Three plates of spaghetti. That was the lunch rush at Keyvan Nabavizadeh’s Italian restaurant on a recent weekday. He cooked the food, carried it to the table and cleared the plates in a dining room built for nearly 50 patrons.

It wasn’t always like this. Four years ago, when he first opened in Blackhawk Plaza, the lavish shopping center in unincorporated Danville, families packed his restaurant after catching a movie across the parking lot. Live music drifted across the plaza. Ducks circled the pond outside.

Today the theater is closed. The pond is a mess. The music is gone. And the company that owns the commercial center is in bankruptcy court and wants to sell the property, which is now managed by a court-appointed receiver. Amid the uncertainty, its tenants and neighbors are left waiting to find out what happens next at the 250,000-square-foot site, which has long lacked anchor tenants after the movie theater, supermarket and several clothing stores shut down over the years…

Story continues

TRENDING NOW

LATEST LOCAL NEWS