Quote:
Originally Posted by TheHonestMaple
As someone who didn't live in Hamilton during this time, would you be able to explain what the 'dark ages' were like. I heard it was bad. But how bad?
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Retail closures, restaurant scene hanging by tendrils of melted cheese, payday loan outlets opening in droves, and corporate residents pulling the chute to relocate to suburban office parks in Burlington, Oakville, Mississauga, etc.
It was a slow freeze from about the mid-1980s to mid-90s, with more things on the streets dying at first, but once Jackson Square started losing businesses and the Eaton/City Centre became like a mausoleum, things were at their worst. Office vacancy rates were north of 20% at one point, maybe even 25%+