Quote:
Originally Posted by Urbana
I am not so sure about that. You usually see those kind of circumstances in small towns. There are already tons of Walmarts in the vicinity of the east end - not to mention the existing Target that already would have had that effect if it was going to come.
|
This is more or less my thinking as well. I'm not the biggest fan of Walmart, but it is likely better from a public policy perspective for East Enders to go to one in East Liberty rather than trek out to Waterworks et al. And local consumers would likely benefit from Target getting some price competition.
There may be a few other businesses left in East Liberty that compete in that space (although off hand I am not sure what those might be), but I suspect the overall net effect on East Liberty commerce would be more crowding in than crowding out. Just anecdotally, our household certainly started spending more at other East Liberty establishments once the Target opened, because that is the sort of store that will anchor a trip for us.
Of course big picture, that is just moving around retail activity--the extra money we now spend in East Liberty is less money being spent in Monroeville, the Waterfront, and so on. But to bring the conversation full circle, it is a net win for public policy to re-concentrate some such activity where residential densities are higher, there is good public transit service, and so on. And in fact in the process of doing so in this case, apparently it is helping to finance additional residential density, which further enhances that positive effect.