Quote:
Originally Posted by sdm
Yup, and expect more downtown retail to close. We needed to react years ago to sustain it, but failed. Most growth is happen in SGR and it will take some very dramatic change to get the true downtown core retail working again.
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The SGR area is surrounded by high density residential and close to universities so there are quite a few shoppers during the evening and daytime. There is some hope for retail downtown but it will take a lot of residential development similar to what is taking place in Toronto and Vancouver. It could take 10 - 20 years to transform the downtown into more of a residential/retail area, if that is really necessary. In an ideal world there would be an equal amount of retail/residential and office development throughout the city and most people would be able to walk to work or use city transit (kind of like Manhattan where few people need cars).
However, one solution would be to convert more historic downtown buildings, that are no longer practical for office use, to residential similar to what is being proposed for the National Film Board building. This would provide more residents in the downtown area and provide a use for deserted downtown buildings.