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Old Posted Jul 4, 2022, 2:25 AM
TheRitsman TheRitsman is online now
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Join Date: Sep 2017
Location: Hamilton
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The vacancy rate downtown is significantly below 50%. But Gore has about a 50% vacancy rate. The reason Gore is dead is somewhat a lack of residential to give the area people at night, but also the lack of anything to go to in the Gore in the evening or even day. During the day, Gore is pretty packed though, and has many business people walking around. The fact that much of the office space is vacant and commercial space is vacant with a historical lack of residential all combine to kill the space in its current form. I'd be willing to bet that Gore will look a lot different in 5 years, with many businesses planning to be filled in, more residents a stone's throw, and LRT completely transforming the vibe of the area.
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