I think you hit the nail on the head there. Be nice if Atlantic Place returned to be a shopping mall as it was in the mid 70's with dozens of stores on the first three floors. I don't think that will ever happen though. It's probably much easier and cheaper to rent out the space as offices than have retail there as retail success is so sketchy.
Another thing you have to take into account too is parking. The main big complaint about avioiding downtown. Weather is another big issue too. Winter time is brutal with lack of snow clearing on sidewalks.
Overall I think the main people who shop downtown are the ones who work downtown. But once it's quitting time, all those people are gone home and downtown is empty. I worked downtown for over 20 years and would check out the shops and eateries all the time during my lunch break. I changed jobs recently and I'm no longer working downtown and haven't had the urge to go downtown now. Just not worth the hassle. Most of the specialty shops benefit mostly from walk by traffic so I don't think most people would make a special trip to downtown if they could get it elsewhere. Just the way it is.
All of the proposed condos that would have brought hundreds of people to live practically on the doorsteps of the downtown stores all seem to have fizzled. The Mix and CBC building condos are cancelled. The star of of the sea condos are in limbo. The newly finished condos at the east end of water street are mostly unsold. Don't know if the atlantic place garage condos/hotel will ever proceed with the current state of condo sales.
A lot of people like to blame the big box stores for the woes of empty retail space but I don't really feel it's their fault. The closing of O'Briens Music Store wasn't the fault of big Big box stores, it was just poor financial management unfortunately. Also, Lease rates are very high in most locations, many buildings are old and in need of upgrades that landlords (many of whom don't even live in the province) refuse to spend money on.
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Originally Posted by displacednewfie
If it were only that simple. Where I think the problem lies is with the types of stores that are downtown (the aspect that the majority of stores do not appeal to the masses) Once the court house leaves Atlantic Place I honestly think that the entire building should go back to retail and not office space. I know that may seem counter productive but something drastic has to be done if they want to keep the vibrant atmosphere.
Another aspect to this could be the fact that the economic boom is not actually as strong in NL as they want us to think.
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