Quote:
Originally Posted by rustyp
What proof is there SS downtown needs revitalization ? Let's take a good look around. Every postage stamp of vacant land around SS is being bought up and new businesses being built at breakneck speed. Highways being widened. New developments going up - literally up. Land around SS is so scarce they need to build high rises.
Another hypothesis might be the developer is charging beyond what a Mom and Pop business can afford to pay for rent and MOM and POP still be profitable. Don't forget their model is to minimize most larger corporations/franchises on their domain. No lack of people here from 5 - 9 pm. Lack of two hour happy hours, lack of hard libation for HH, Lack of good restaurants and an abundance of businesses that are not much more than novelty shops.
And the answer is - 7 apartments will save SS from doomsday.
Reviatization from what ? A self inflicted wound. - Bunch of BS.
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I never said SS was failing and needed re-vitalizing, just responding to those who claim it is failing and providing information community development experts has found to work.
Think about your statement that the developer charges too much rent. How does any successful business think that is better to lose revenue because their ego tells them the property should rent for more than the market will bear? Does that make any sense? Has the Morse family not been successful?
It probably wasn't a smart idea to build office/retain space on a second floor but even the best developers make errors. I'll go back to my experiences working in downtown Nashville. There is an area called the Arcade, a restaurant/shopping area that is roofed over for weather protection and has a second floor. Most of the space on the second floor was vacant because people didn't want to wait for the elevator or use the stairs.
As far as 14 parking spaces being taken by apartment residents, that is like a 5 gallon bucket of water taken out of one of the retention ponds. As I stated earlier there are plenty of parking spaces within a short walk of the square. Many people could benefit from the exercise.