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Old Posted Oct 1, 2011, 2:48 PM
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spaustin spaustin is offline
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Join Date: Mar 2008
Location: Downtown Dartmouth
Posts: 705
Yeah the results for office for Downtown were dismisal. We do have the NSP project which is a bit of an odd one because it shows up in stats as a loss (i.e increased vacancy in Scotia Square) without the positive bump for new office construction because it's owner occupied. The only office I can think of in the Downtown that's happened is the reno of the Free Mason Hall on Barrington, Chadrawe's small project on Spring Garden and that neat building on Agricola. Nothing significant has happened. I really think we need to put aside the 1950s idea of a Central Business District. Office won't drive the Downtown. It just can't anymore, not with the business parks offering free parking, cheaper rents, lower taxes and all sorts of municipal subsidies in the form of infrastructure improvements. Fixing those issues will be tough as it requires significant political change. The simpler way for Downtown to complete, is to get more and more people living there. When the Downtown has more people, office will then be attracted back, particularly high-end office that caters to firms looking for younger employees who want to be Downtown because the Downtown is fun and offers the lifestyle they're looking for. It seems to have worked in Toronto.
http://www.thestar.com/business/arti...oving-downtown
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