Here in Seattle, new buildings are required to be mixed-use in many areas. But there seems to be a glut of commercial tenants for the locations. About 3 out of 5 of these buildings seem to fill up quickly with residential tenants (and rising rents!), condo owners or even offices, but with their ground-floor commercial facilities lying empty for years.
Most of these buildings have parking around and in front of them, and are in convenient areas, but they still seem to lie empty, while the big-box stores and mega-lots still persist. Even with favourable zoning, it seems like there may be other economic or selection factors at play.
I do wish the spaces could be used more creatively in the meantime, it'd be great to have some pop-up galleries for example.
But there seems to be a glut* of commercial tenants for the locations.* [emphasis added]
Did you, perhaps, mean the opposite of "glut," maybe "shortage" or "paucity?" The subsequent sentence seems to suggest that there aren't enough commercial tenants.
Comments
Here in Seattle, new buildings are required to be mixed-use in many areas. But there seems to be a glut of commercial tenants for the locations. About 3 out of 5 of these buildings seem to fill up quickly with residential tenants (and rising rents!), condo owners or even offices, but with their ground-floor commercial facilities lying empty for years.
Most of these buildings have parking around and in front of them, and are in convenient areas, but they still seem to lie empty, while the big-box stores and mega-lots still persist. Even with favourable zoning, it seems like there may be other economic or selection factors at play.
I do wish the spaces could be used more creatively in the meantime, it'd be great to have some pop-up galleries for example.
But there seems to be a glut* of commercial tenants for the locations.* [emphasis added]
Did you, perhaps, mean the opposite of "glut," maybe "shortage" or "paucity?" The subsequent sentence seems to suggest that there aren't enough commercial tenants.