Quote:
Originally Posted by HalifaxMtl666
Completly agree with you, but at least, Halifax has the potencial to attract quality tenants in downtown core meanwhile others cities has problems to attract them in their town... I just hope the space problems that you mentioned will be resolved in the next few years.
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It is kind of a sad situation.
I have heard that retailers approached the province when a gallery left the storefront space at the bottom of a building on Barrington but they declined to lease out the space. Instead, they are putting in offices and a boardroom, things that could go on any floor.
The rationale is that they don't want to compete with private landlords, but if that is the case then why did they purchase an unsuitable building in a retail district? Either way, if I were a landlord I'd rather have a busy commercial space next door than a blank storefront dragging down rent values.
The province has also contributed to the situation with the infirmary lands, and the city owns a lot on Barrington that they have left vacant for over a decade.
Neither the city nor the province seem to care about the downtown area.