Wall Street has had a particularly tough pandemic with strict guidelines hobbling its operations through the past two years, ranging from CDC protocols that limited gathering in public spaces to the recent restrictions from Orlando City Hall on outdoor speaker permits – a policy that focuses on the Central Business District and not the surrounding Main Streets.
To be blunt, Wall Street simply hasn’t been allowed to host outdoor events, which is their bread and butter, in fact, the first time they were granted approval to host a street party following the beginning of the pandemic was Halloween 2021. Otherwise, the largest entertainment venue in downtown Orlando has been mostly silent this whole time while places like Central Florida Fairgrounds are free to stack their calendars.
Springman told Bungalower that he and his team have been walking a “… delicate tight rope for the past couple of years, both Wall Street and our neighboring businesses downtown. And that was further complicated by another six months of the speaker ordinance.” While Springman was clear that he didn’t want to vilify City Hall, he was adamant that the sound ordinance had pushed events out of downtown Orlando.
“It’s been next to impossible to host events with our community partners like UCF and Orlando City without an outdoor speaker permit. So they just go somewhere else in town where there aren’t any restrictions.”– JOEL SPRINGMAN
So it’s no surprise that when the owners of Gilt Nightclub approached him with an offer to take on some of his properties, Springman agreed. “They’ve got money and fresh ideas and they really want to transform the properties I sold them.” Said, Springman.
The properties in question are Sideshow, Wall Street Cantina, Waitiki, and Monkey Bar, located on the second floor above Waitiki. Springman and Wall Street will continue to operate Hooch, The Hen House, and Shine, and they are partners in the new coffee shop/mixology bar, Bellhop, with Ricky Galicia that is currently being built out in the former Subway storefront facing Orange Avenue.
“I’m really looking forward to partnering on new events on Wall Street for downtown. We’ll keep our half of the street and they’ll do theirs. Downtown needs new energy right now. We want and deserve a vibrant downtown in a 24/7 city … downtown Orlando can’t be Park Avenue. I’m really excited about the future and this new partnership will help maximize the potential of Wall Street.”– JOEL SPRINGMAN
Springman is also planning some updates for the properties he’s keeping with some renovations of the outdoor seating areas and patios to help bring people downtown even when there aren’t events taking place.
We’ve reached out to the ownership team at Gilt Nightclub to learn about their vision for their newly acquired properties but had not heard back by the time of this post.