Quote:
Originally Posted by miketoronto
An interesting stat for people who think downtown residents are the silver bullet to downtown renewal. A study in Kingston, Ontario found that 80% of patrons to downtown restaurants, shops, and entertainment venues do not live downtown.
|
The boundaries would be a huge variable about this stat of course. (Edit...what Monkey said!)
But yes, of course. For a department store or similar, the percentage will obviously be very low. A grocery on the other hand will be the opposite typically. For office workers and tourists to have good grocery options, they need residents to provide the critical mass. And for residents to have good options for buying clothes, they need destination shoppers from around town and/or tourists.
Residents are part of the stew you need to have great retail. But just a part.