Quote:
Originally Posted by mhays
--For Milwaukee to hit 1,000,000, a lot of cheap commercial strips would need to become apartments.
--Typically new buildings look for proven tenants with deep credit, often chains, because a risky retail lease might actually lose the landlord more money than an empty storefront.
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That's not really true in NYC. I've seen bike repair shops, daycare, veterinarians, etc. occupy commercial space in brand new buildings.
Quote:
Originally Posted by mhays
--A lot of people would insist on driving to the nearest place with easy parking, possibly further away than before.
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This seems unlikely. Everyone that I know with a car in my area walks to one of the dozens of grocery stores around here rather than driving 12 minutes to Wegmans, which has a parking lot.
Quote:
Originally Posted by mhays
--Dense cities often have far less retail square footage per capita than average because it costs more per square foot, and any long-term vacancy is a likely densification site.
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Less retail footage perhaps, but more options. Americas retail space per capita is bloated because of large footprint malls and big box stores built on cheap land. I can buy just about everything within a 10 minute walk that most people in America can within a 20 minute drive.
Quote:
Originally Posted by mhays
Milwaukee still has bowling alleys...Seattle just has one, which lives on high food and drink bills.
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Yes, NYC probably has fewer than 10 left in the entire city, and yes, the economics of bowling alleys don't really make sense in the city anymore. I'm not really sure they ever made sense for cities, tbh. They take up too much space for their economic output in a city like NYC.