Quote:
Originally Posted by refeik
Three restaurants on the Spanish Springs square have gone out of business. Plans are to transform these facilities and other future closures into apartments. In the near future I totally expect the entire Spanish Springs to be nothing more than apartments and shops. Also I find it strange that the district approved the Developer getting amenities for these apartments.
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I find your post interesting, and I can see it happening that way to a point. Is it possible that as the transformation towards apartments happens that a market will appear for more shops and restaurants?
I have no idea how many units of apartments might be created, but at some point those folks would love to have a nice square, with some food and music right in the neighborhood. Such a demand could turn into a pleasant equilibrium between local foot traffic and services. This could be a better working model going forward than what has been going on there lately. I'm not trying to be contentious, just suggesting that this could work out well for everyone.