Empty Retail in high rise buildings

18 Jun

I was biking around town this weekend and ended up passing by several ‘high rise’ buildings with empty retail at street level. It seems that these large buildings either have 5 stories of parking that help canyon-ize our streets or they preach ‘mixed use’ developments and end up just having empty store fronts because no retailer or local shop owner wants to take a risk and sign some 10 year lease agreement.

This is merely an observation and not a confirmed study but look around and see if you don’t agree…Development can be great and can at times do all that the developers promise but these days it seems less likely and it takes neighbors and residents in the area standing up and making their voices heard to ensure that no one is being taken advantage of!

Enjoy the nice weather and as always, stop and take a look around once and while.

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