Quote:
Originally Posted by Innsertnamehere
CoreUrban has been trying to lease it's space on King St for years now with no success. COVID has screwed the restaurant industry a lot.
With the increase in residential population downtown over the next few years I expect commercial demand to shift to include more local services like things like dentists, barbers, banks, LCBO, Grocers, etc.
Regardless of final tenants downtown Hamilton is looking up and I can't wait to see what ends up occupying the spaces and seeing the new residents on the streets.
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King St in that section is a hard sell. All the units surrounding the Gore are vacant, banks, or franchises or quiet asian restaurants. King St there itself is loud and uninviting. With LRT making the street more pleasant, more units filling in across the Gore and thousands of new residents they'll be able to fill that space in no time. Just a waiting game. The same way Core Urban's restaurants on James N filled up immediately because the street is well trafficked by pedestrians, King St will fill once King becomes more travelled by people willing to spend some money.