SF requires some new condo buildings to have 1st floor retail in locations with good retail potential. However, many of the 1st floor commercial space has a hard time to land a tenant and often stay vacant for a long time.
But I think when shopping mall is closed, they can build high rise condos on top of the mall and keep 1st floor for specialty retail, or recreational space. Maybe each building can have a gym, a restaurant, a kindergarten, an after school care, an assisted living, a long term care, a pet hotel, an Amazon drop store, some specialty stores.
But that would require high density and that model would a density of HongKong. Even Paris and London maybe too sparse for this model to work
Ah yes, politics. Iām a fed who works at one of the science agencies that The Donald wants to significantly cut. DC, aka Chocolate City, is OVERwhelmingly Democrat. Hilary received close to 91% of the vote in the 2016 here. Donald barely scratched 4%. Drain the swamp, eh??? Needles to say, The Donald has very little support or sympathy here. Iāll keep an eye on future political posts hereā¦
I guess time will tell all on the pop-up stores. They seem to keep it fresh by throwing weekend events to bring in more people over here. I think thereās something unique to millennials wanting an experience when they shop and Iām hopeful these gimmick pop-up stores gain traction here and other places. Maybe this similar Airbnbās strategy to offer āexperiencesā to the younger set?
How long do we expect Amazon will keep its free pass in killing retail? Sooner rather than later regulators will wake up to the fact that Amazon is putting millions out of work.
Malls screwed up the day they migrated from a place for suburban wives to a place for teenage kids. Teenage kids have LOTS of free time to hangout, but they donāt have a lot to spend.
Amazon is not only killing local retail it is also inabling shopaholicsā¦Just had a tenant move outā¦She spent herself and her boyfriend out of house and home literally. .A millienal hoarderā¦House was filthy and full of useless Amazon purchases. .They split upā¦basically because of her irresponsible spendingā¦Couldnāt afford the rentā¦Now she is broke and soon to be homeless with 2 kidsā¦Mom and Dad wonāt even help herā¦and only one of her baby daddys pay child support. .
