Half-empty still? Of course it it. It's not surprising in the least to me, considering that the supporting amenities necessary to attract the types of residents to downtown Erie simply do not exist.
But, these things do not happen overnight. I think that these projects in Erie will be successful... it just takes some time for the surrounding environment to catch up. The Griswold Plaza and Union Square developments a block away from the Mercantile will support it. With a small market, convenience store, and Crazy Mocha coffee ship as part of the development in Union Square, some of the pieces are beginning to come together. It's far too early (by about 5 years or so) to render a verdict on the success of this endeavor.
Times In-Depth: Erie's struggle with downtown living
STAFF REPORT, Erie Times-News
The redevelopment of the Mercantile Building, 1401 State St., was meant to attract young professionals and others to downtown Erie to live. The project, which was marketed to potential tenants in summer 2007, boasts new condominiums and a central location.
But the Mercantile Building is half full and its management is in financial trouble. The difficulties are raising questions about the viability of the project and Mayor Joe Sinnott's push to build upscale town homes nearby, across from Griswold Park, in the Union Square redevelopment.
In Sunday's Erie Times-News and GoErie.com, staff writer Erica Erwin revisits the ambitious Mercantile Building project and what its future means to the city.
Her report is part of Times In-Depth, a regular series in which the Erie Times-News focuses on issues and events that affect you and your community
http://www.goerie.com/apps/pbcs.dll/...WS02/302259884