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Downtowns are dead, dying or on life support, says expert with over 50 years of researching urban policy
Fortune ^ | 9/25/23 | John Rennie Short and The Conversation

Posted on 03/11/2025 12:10:43 PM PDT by DallasBiff

The hollowing out of U.S. cities’ office and commercial cores is a national trend with serious consequences for millions of Americans. As more people have stayed home following the COVID-19 pandemic, foot traffic has fallen. Major retail chains are closing stores, and even prestigious properties are having a hard time retaining tenants.

The shuttering of a Whole Foods market after only a year in downtown San Francisco in May 2023 received widespread coverage. Even more telling was the high-end department store Nordstrom’s decision to close its flagship store there in August after a 35-year run.

In New York City, office vacancy rates have risen by over 70% since 2019. Chicago’s Magnificent Mile, a stretch of high-end shops and restaurants, had a 26% vacancy rate in spring 2023.

(Excerpt) Read more at fortune.com ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: 2023; bidensfault; california; chicago; covid1984; crime; daniellurie; downtown; fortune; gavinnewsom; history; illinois; johnrennieshort; karenbass; londonbreed; losangeles; newyork; newyorkcity; nordstrom; retail; sanfrancisco; theconversation; wholefoods
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I know an article from almost 2 years ago, but growing up in the 60's and 70's taking the bus going downtown was a big thing.

Big department stores, restaurants, and news stands.

Malls were the death knell of downtowns, then came the internet which was the death knell of malls.

I know nostalgic and melancholy.

1 posted on 03/11/2025 12:10:43 PM PDT by DallasBiff
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To: DallasBiff

Neiman-Marcus in Dallas is closing.


2 posted on 03/11/2025 12:11:39 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: DallasBiff

I stay away from the cities because of the crime and the feeling that law enforcement would more likely arrest me for defending myself than they would be to arrest the young gentleman assaulting me.


3 posted on 03/11/2025 12:13:17 PM PDT by ClearCase_guy
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To: DallasBiff

Feral Negroes have a lot to do with it.


4 posted on 03/11/2025 12:14:25 PM PDT by Noumenon (You can evade reality, but you cannot evade the consequences of evading reality. KTF)
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To: dfwgator

Prescott is losing a Del Taco.


5 posted on 03/11/2025 12:14:29 PM PDT by Big Red Badger (ALL Things Will be Revealed !)
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To: DallasBiff
Downtowns are dead, dying or on life support

Thank you, Democrats.

6 posted on 03/11/2025 12:14:29 PM PDT by RoosterRedux ("Think AI is scary? Imagine a world run by gov't bureaucrats.")
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To: DallasBiff

Nothing, and I mean nothing... lasts forever. Including nuclear waste.


7 posted on 03/11/2025 12:14:42 PM PDT by clee1 (We use 43 muscles to frown, 17 to smile, and 2 to pull a trigger. I'm lazy and don't wish to smile.)
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To: DallasBiff
John Rennie Short is Professor Emeritus of Public Policy, University of Maryland, Baltimore County.

Fitting that the author quoted Karl Marx

Public Policy Profs and Urban Planners, are almost by definition, Marxist. They never blame government or central planning, its always the generic bogeyman "capitalism's" fault

8 posted on 03/11/2025 12:15:00 PM PDT by PGR88
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To: Noumenon

💯%


9 posted on 03/11/2025 12:15:14 PM PDT by clee1 (We use 43 muscles to frown, 17 to smile, and 2 to pull a trigger. I'm lazy and don't wish to smile.)
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To: DallasBiff
Petula Clark - very disappointed….

Find it sad to listen to songs like her “Downtown” and think how much our lifestyles and culture has changed.

10 posted on 03/11/2025 12:15:32 PM PDT by sjmjax
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To: DallasBiff

Because of foot traffic in SF from 2 years ago?

Lat time I was in Neumann Marcus - very recently- a saw a shirt for $1,000

Went to Chanel, there was a city cop assigned to the Chanel boutique where everything is locked down. And not a mall cop


11 posted on 03/11/2025 12:16:04 PM PDT by stanne (Because they were mesmerized by Obama, the man for whom this was named, whose name they left out of )
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To: DallasBiff

Petula Clark is deeply saddened.................


12 posted on 03/11/2025 12:17:43 PM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: DallasBiff

well that is what happens when you get a concentration of a certain demographic... now they are all pushed out into the burbs and the evidence they are here is the colossal amount of road side litter we see every day...


13 posted on 03/11/2025 12:17:56 PM PDT by sit-rep
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To: sjmjax

GMTA!....................


14 posted on 03/11/2025 12:18:04 PM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: DallasBiff

COVID and the dystopian fiasco that came with it was the death knell of downtowns.


15 posted on 03/11/2025 12:18:14 PM PDT by Alberta's Child ("Well, maybe I'm a little rough around the edges; inside a little hollow.” -- Tom Petty, “Rebels”)
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To: DallasBiff

The democRAT cities are handing power over to the Minority Urban Youths (MUY) Credit to Matt Bracken (TravisMcgee). Under the marxist vision, “the worse the better” as chaos will cause demand for more government control. It is a scam and you are the loser.


16 posted on 03/11/2025 12:19:03 PM PDT by MtnClimber (For photos of scenery, wildlife and climbing, click on my screen name for my FR home page.)
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To: Noumenon

Yep. Downtown is now associated with feral blacks who have no regard for life or property. Democrats constantly hinder in the redevelopment by allowing crime to flourish. St. Louis just held primaries and no republican candidates were ever mentioned. Just democrats promising the same thing and delivering zilch.


17 posted on 03/11/2025 12:21:25 PM PDT by DownInFlames (P)
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To: DallasBiff
"Downtown" is not dying in a vacuum.

"Education" is not failing in a vacuum.

"Gun Violence" is not a problem in a vacuum.

We have gone from "The Love That Dare Not Say Its Name" to "The Underlying Problem That Dare Not Be Spoken"

18 posted on 03/11/2025 12:23:13 PM PDT by Bernard (Issue an annual budget. And Issue a federal government balance sheet. Let's see what we got.)
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To: DallasBiff

High property taxes, utility rates, minimum wage hikes...

Need to figure those in, too...


19 posted on 03/11/2025 12:24:05 PM PDT by mewzilla (Swing away, Mr. President, swing away!)
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To: DallasBiff

in the 1960s, Arthur C Clarke predicted this would happen


20 posted on 03/11/2025 12:25:07 PM PDT by MNDude (Happ)
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