Quote:
Originally Posted by exit2lef
Notice that I said that people are claiming they'll boycott. I'm seeing some chatter on Facebook about a boycott, along with a string of negative Yelp reviews mentioning the BID. Whether that actually translates into diminished sales remains to be seen. People tend to jump on a boycott bandwagon on social media but don't always change their habits as consumers. If friends or coworkers propose going to AT, how many people want to be the dissenter who explains the complicated BID process and AT's role in it? Likewise, many of those talking most loudly about a boycott are also mentioning that they already don't go there anyway.
Whether the boycott makes a difference or not, it would be nice if some of the leading pro-BID voices made a statement against a boycott. It would be a gracious gesture that acknowledges that a vibrant Downtown is home to a variety of opinions, even some that many Downtown advocates find objectionable. While I don't like the way that AT and its allies handled the BID process, it would probably take a revelation that the alehouse serves beer brewed with kitten blood to make me say I'd absolutely never set foot in the business ever again. The adverse Yelp reviews are likely to be eventually deleted by a site admin.
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LOL. I agree that an anti-boycott message would be nice, but that group doesn't seem to like to play nice much from the outside. Speaking of which, is The Dressing Room ever opening? I know BE Coffee is from the same owners, but it seems shady to get that much money on GoFundMe for a certain proposal and never really attempt to get it off the ground. I would also just like to see that space active.
Given our usual disagreements on retail, I thought this was interesting to learn: for financing purposes, most of the apartments going up are divided into the residential space above and "community space" on the first floor, even if the intent is to lease some/all of it. The rents of the apartments must cover the project even if the ground floor is always empty. The retail space is then marketed by your big-name realtors who price it in a way that doesn't force their other properties (i.e., Colliers Center or CityScape) to drop theirs... and, so we end up with empty spaces in what seem to be prime locations.
Other developers, like Union/MetroWest finance in a riskier manner that looks at the project as a truly mixed use building. I *think* the takeaway from that approach is that pricing the space at a bargain becomes more of a realistic option for these types of projects because unlike the others, any revenue is better than 0 revenue. I may have butchered 1 or both of these, but interesting to learn a bit more about how why there seems to be such a discrepancy between market demand and leases.
Skyline apparently converted all of their western retail space into office units, but I didn't get to take a look.