Based on recent happenings, it seems to be closing it down.
Yes, the University does own the leases for a number of locations on the strip. Today, it looks as though Cheap Shots is the one to close per the Tuscaloosa News:
University of Alabama administrators are kicking a bar off the Strip because bar owners did not keep up their space, according to a university spokeswoman.
The lease for Cheap Shots was not renewed, and the bar must be out by June 30, said Cathy Andreen, director of media relations.
“The university concluded Cheap Shots was not meeting the conditions of the lease, so the university opted not to renew the lease,” she said. “We expect our tenants to be sure that all these premises are in good order, repair and condition.”
Apparently a majority of the leases run out by 2010, so who knows what The Strip will look like come then. All I know is it won’t affect me too much. I may either be out of town working or still around going to Timmerson’s Square like I always do if I feel like going out. No word on The Legacy’s response.
A return to the 1960’s for The Strip?