Is Tambaleo in Trouble Because of Developer?

To whom it may concern,
    I am co-owner of Tambaleo, located on the corner of Third and Bowie. My partner and I have known of the potential redevelopment of this lot for a while, and would like to create awareness of what this project could mean for our business. Tambaleo has been operating for just over 2 1/2 years and is a very profitable and growing business. We have invested a considerable amount of money in this property along with an immeasurable amount of time. With our renewal option, which we plan to execute, we have about 2 1/2 years remaining on our lease contract. This puts us well beyond the estimated start date of the project and we have yet to have a conversation with the developer regarding the future of our business. We showed profits in our first year of business and doubled revenues in our second. Currently we are trending to show more than a 30% increase in year three from year two. With more than $100,000 invested in lease hold improvements and ongoing renovations along with 14% of our gross earnings being allocated to the highest sales tax rate in the state, we are astonished to have found ourselves in such a vulnerable position. Having achieved a strong and profitable business the intention has always been to negotiate a longer-term lease contract and continue what we have worked so hard to build. It is truly disheartening to see projects like this take shape without giving any consideration to the businesses that will be destroyed in the process.