Quote:
Originally Posted by Roquentin
I think it's true that not every new development needs to or should include commercial space. Retail bays might be out of place in a building like Escala, say.
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I agree with this, but I do think that no new development should have a front door with three blank walls on the other side. Escala avoids this by integrating townhouses on the street level. These are especially common in downtown Vancouver and it makes the street scapes feel alive, safe and human scale.
At the same time, does anyone know the cost of having commercial bays sit vacant for a couple years? I understand that the initial construction cost may be higher. I imagine the main expense may be opportunity cost (main floor commercial displaces main floor amenities which may in turn eliminate a few units on the second floor).
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