Originally Posted by Full Mountain
I noticed RBC took over the corner of the lower floor of the building the on the SW corner of 10 st and Kensington Road, another waste of prime retail space
I think future developments in main retail areas (17th, Inglewood, etc.) should be limited on the width of a single tenant and force uses that are daytime only (banks, etc.) business to utilize multiple floors (i.e. tellers and bank machines on the main level with offices above, that way the street frontage has more active uses
Its a textbook example of what Jane Jacobs talked about how in the success of a retail street lies its demise. As rents push every higher, the eclectic shops that make a street really interesting start getting forced out by the chains and high rent places like banks, which eventually crowd out anything unique and truely interesting, which in turns kills what was once the appeal of the place. Thats why Im a big proponent of using our brains instead of just allowing the market to do whatever and putting in certain restrictions on retail areas that become popular that help maintain the appeal.