I don't think BW3s moving out says anything more than that they were across the street from Rosie O'Grady's, a direct competitor that is better than them in every way [[food, atmosphere, beers on tap, TVs, etc).
Of course, they'll have competition in RO, too. But such is the life of a chain with bad food.
Downtown Ferndale is a long way from "declining." There are some businesses moving out and others moving in - just like any other business district. It's also not a competitor with Corktown at all. They offer very different experiences.
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