✋ Remember when Little Miss BBQ announced last year it would open its third Phoenix location in the former Honey Bear’s BBQ building near the southwest corner of Central and Thomas? It ain’t gonna happen.
Owners Scott and Bekke Holmes have canceled the project due to increased construction costs and rising interest rates. The couple’s construction budget, originally $900,000, had soared $1.9 million, and rates have gone up from 3% to 7%.
‘‘This means the project would be barely profitable and if we dealt with a recession or meat costs keep going up, it puts us in a bad spot,’’ the couple posted on social media.
The location, announced in February 2022, originally had been scheduled to open last summer or, at the latest, last fall.
The Holmeses haven’t announced what they intend to do with the 2,400-square-foot building, which they bought for a reported $1.48 million.
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