posted 11/03/09 03:38 PM

Also coming soon to former King Cobra space: Money Tree

We've already told you about the new gay bar about to take over part
of the old home of King Cobra and Sugar (among others). The Lobby Bar
is going to have a convenient neighbor it appears. Convenient if you
need a 'payday loan' at least.
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Crap!
CRAP!
Comment by RodS
4 months ago
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RE: Crap!
For crying out loud. Why don't we just complete the trifecta and have a used clothing store and asian restaurant here as well?
Comment by ProstSeattle
4 months ago
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RE: Crap!
What's wrong with used clothing stores and asian restaurants? Or is it the combination of the two that makes you racists and anti-recycling?
Comment by --
4 months ago
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RE: Crap!
I'm horrified to find myself agreeing with - but yeah, what's wrong with used clothing stores and Asian restaurants? And, in reality, there aren't that many used clothing stores left...in that neighborhood there's only Value Village. As for Asian food, as long as it's good, you can never have too much...and, I'd take another Asian restaurant over another damn yuppie American bistro with $10 drinks, horrid acoustics and bland, expensive food. 15th and Pike has gone from edgy to being an outpost of Bellevue in two short years.
Comment by Michael Strangeways
4 months ago
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Sigh.
Payday loans should be illegal. The presence of these places is a good sign of a neighborhood that you do not want to live in...
Comment by chris
4 months ago
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RE: Sigh.
They rip-off the economically disadvantaged. Icky.
Comment by nbeen
4 months ago
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RE: Sigh.
I disagree. If the "economically disadvantaged" voluntarily use services of moneytree, their own darn fault for not saving and blowing money on alcohol, drugs, etc... they have only themselves to blame. Don't shift the blame on an legitimate service. I'd say credit card companies and insurance companies are far worse.. charging hidden fees and denying valid claims. At least with moneytree, they tell you up front rather than sticking a knife in your back and taking your money with a smile.
Comment by qp
4 months ago
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bummer...
suppose that it's consistent with having a petrol dispensary next door. Let's get rid of both at the same time in a couple of years...
Comment by mmariano
4 months ago
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Lame.
So lame...
Comment by pablocjr
4 months ago
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There's already one about three blocks away!
MoneyTree is the new Starbucks.
Comment by christopher575
4 months ago
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There goes the neighborhood
…yet more evidence of gentrification as high-priced condos push out the residents that build the neighborhood character that attracts the yuppies.



What?
Comment by gerwitz
4 months ago
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RE: There goes the neighborhood
So Yuppies need more places to get short-term loans to make it from paycheck to paycheck? That makes no sense. The supposed residents you are claiming that are being pushed out are most likely the most in need of a Moneytree.

On a positive note, it is a locally based company so most people who read this blog should be happy with that. Everyone always claims they want to support local businesses (except Starbucks).
Comment by --
4 months ago
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There's another one at Olive+Denny
That's dumb. There's already a payday loans place that opened at Olive Way + Denny a few months ago. I've never seen anyone in it. I don't know how these places think they can stay in business in Capitol Hill.
Comment by jdavin
4 months ago
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???
what. the. fuck!
Comment by zeebleoop
4 months ago
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recession
nothing like keeping your money off the books!
Comment by chris
4 months ago
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3 of these places on Cap Hill now
The one on Broadway by the Caffe Vivace has been there the longest. The one where the 1524 shoe shop on Olive just opened, pissing me off royally. And now ANOTHER one?

The industry is horribly underregulated. They charge outrageous interest on "high risk" loans to people who need emergency cash... but I'm guessing they are making a ton of money, thus they can afford to keep opening stores. Ugh.
Comment by Uncle Vinny
4 months ago
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For crying out loud!
Ugh, it's like a bad dream. Make it stop!
Comment by Swift Albero
4 months ago
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what an odd neigborhood
Capitol Hill is turning into...it's either overpriced bars and restaurants and twee boutiques patronized by yuppies and east siders or boring, bland commercial shit like MoneyTrees, Quiznos, tanning salons and Kinkos.
Comment by Michael Strangeways
4 months ago
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Ugh
A commercial, predatory business like Moneytree is a terrible fit for this neighborhood. Makes no sense. I hope they're short-lived.
Comment by meggo
4 months ago
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RE:Crap
Oh, this is rich. So now I'm a racist anti recycling clothing person? You two wtih keyboard courage are really rich. So everyody who has lived on the hill for any length of time who complains that one business that closes that is a little different and another one opens which has 15 different iterations of the same business are racists as well?

Look around the hill. We have enough pho/thai/noodle shops. We have enough cocktail lounges. We need places that we can buy some affordale socks or underwear. We need a place that like City People's used to be on 15th that we can buy household products. But I guess that makes me a racist, huh?

Really rich, you might want to put more thought into your responses people. I'm completely against these payday loans as well, but keep one thing in mind. You'd be better off using one of these than writing a 50 dollar bum check to your local bank when you consider what the overdraft fees would be. They provide a service, I just don't know that we need a 4th or 5th on on the hill.
Comment by ProstSeattle
4 months ago
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Giving Money Tree a call
Not much to ask them other than 'Why Pike?' Maybe we'll learn something about the appeal of Cap Hill for these things. Maybe there just needs to be a Money Tree on every corner.
Comment by jseattle
4 months ago
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RE: Giving Money Tree a call
Is it really so complicated? They make money, unlike a book store or most other stores everybody would like to see open, but will then never buy anything at because you can get it cheaper on Amazon.com or other websites. You want vibrant retail in your neighborhood? It's pretty simple: stop buying online. The alternative is nothing but service sector: nail shops, Money Trees, copy shops and restaurants.
Comment by ian
4 months ago
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Moneytree
There was a check cashing place near Piecora's that recently closed, so maybe they're just moving.
Comment by SeattleBrad
4 months ago
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