Posted Feb 15, 2015, 4:29 PM
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Registered User
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Join Date: Jun 2010
Location: Cedar Park, TX
Posts: 1,962
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I don't know how long it's been since you've been to Austin, wwmiv, but our population density is not a problem. If businesses in prime locations aren't making it, then there's either a lack of demand for what they're selling or these buildings are charging too much for rent. But this doesn't seem to be a problem in East Austin or South Congress where ground floor retailers are thriving. There's so much foot traffic by this building that it shouldn't be a problem, given the retailer is selling something in demand.
And re: "There's no way that every project can support ground level retail", I disagree with this. More mixed-use housing developments = more jobs. More jobs = more demand for housing. It's a virtuous cycle.
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