Quote:
Originally Posted by AdamNorthwest
I'd love to see this too but the market doesn't support it. Lenders and investors aren't interested in the Central City at the moment, even though conditions are improving.
I'm not sure we'll ever see a boom in this part of Downtown/Old Town like we did in the North Pearl because there isn't a well-established, thriving mixed-use neighborhood here to build off of (like the Pearl had south of Lovejoy before the 2010's). At a minimum, the east part of Downtown needs a full-sized grocery store, but not even the South Waterfront can seem to get one...
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I actually wasn't referring to the Old Town area or the part of downtown that borders it. That whole area will always be the last part to see any improvements. It was like that before the pandemic and will be like that for probably ever.
I was more referring to the rest of downtown in the 405 loop. A lot of the area west of Broadway would be ideal for large residential developments and something I could see the market supporting.
As for grocery stores, I think delivery has made that less of an issue than it used to be. Also, downtown already has access to a Safeway and Whole Foods in downtown.