Quote:
Originally Posted by stophs
The last time I was through the area (a few weeks back) all retail units on 6th Ave were occupied. I know there was a time when a number of them were vacant, but I imagine the rental rates and dropped and eventually it made enough sense for a few destination time companies to move-in (law firm).
To me, the inner-city retail market is far too fragmented - you have a few blocks with a few shops, then it disappears, then starts again. It's not convenient for people that want to walk and shop, which means fewer people are out on the streets and this hurts retailers that in turn aren't able to sell enough to cover their overhead.
I think Calgary could do with a significant increase in retail to make better connections with the fragmented small strips. If that happens, I think you would end up seeing a lot of the shops you see in places like Chinook and Market Mall want to have a street retail presence in the inner city.
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The key I think is a matter of (1) population and (2) essential goods. We can't just build retail and expect it to be successful. Retail should be built to serve a community, and there has to be a large enough local (pedestrian) population to keep businesses afloat. If there aren't enough people in the immediate area, limited-parking retail won't work. At the same time, it's important that people who live in the immediate area are not forced to look elsewhere for things like groceries, household items, and prescriptions. If they have to leave the neighbourhood for necessities, there is a high chance they will buy other goods away from their neighbourhood as well.
I've often wondered if some kind of tax break or incentive could be used to open more grocery stores and mom-and-pop drug stores, seeing as these businesses benefit other local businesses and promote pedestrian lifestyle (reduce congestion, strain on health care, etc). Better yet, bonus density or something could be given to developers who guarantee retail space for essential goods.
On a final note, downtown retailers could really benefit from attracting more parents. This is a real challenge, and I'm not sure the best way to solve it. More 4-room apartments? More greenspace and safer image? Developing adult consumer patterns independently of family goods? Position retail on arterial roads (RioCan, Macleod trail/First South/Curtis Block)? Better funding for inner-city schools? I don't know... it's a pickle.