Quote:
Originally Posted by TheHonestMaple
Exactly my thoughts. Sure having retail at every building is good in theory, but we need the people to support the stores first. 101 Locke is a prime example. Most of the units are still siting vacant. (although I did notice a new one went in a few weeks ago, some sort of massage place I think).
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The main issue is a supply and demand problem with retail. Because there are so few retail spaces, the units are really expensive, especially being new and sit for a long time. Toronto has had the issue where demand for commercial space is so high that only expensive franchise stores can hold many unit leases. More commercial space is good because it provides additional supply that can't be made up later. It also provides options for those living above and nearby houses to go to essential needs like dentist office, coffee shops, doctor's offices, tax offices without needing to drive, even if they have a car. I always want to see retail on first floor as a result and will continue to advocate for it. It should almost nearly be a requirement in all new multi-unit buildings on arterial roads, and I'd also like to see the occasional one in residential only areas too like you see in Toronto, Seattle, Vancouver and older areas of Hamilton.