cowboyeagle05 wrote:Fat Rabbit/PL8 closed awhile ago so the question is will they sign a new lease for that space or let it sit waiting for a property purchase.
I'm sick and tired of these properties sitting empty, which does impact the vibrancy of the neighborhood. There's a great article out in the Atlantic about the conundrum of affluent areas becoming ghost towns: https://www.theatlantic.com/ideas/archi ... cy/572911/
. There's several reasons for it, but the 3rd one really hit home and I believe will unfortunately become Uptown's future"But that brings us to the third problem: Many landlords don’t want to offer short-term leases to pop-up stores if they think a richer, longer-term deal is forthcoming from a national brand with money to burn, like a bank branch or retail chain. The upshot is a stubborn market imbalance: The fastest-growing online retailers are looking to experiment with short-term leases, but the landlords are holding out for long-term tenants."
It continues:"But the 2018 landlord waiting game is denuding New York of its particularity and turning the city into a high-density simulacrum of the American suburb. The West Village landlords hoping to lease their spaces to national chains are turning one of America’s most famous neighborhoods into a labyrinthine strip mall."
^^ This is already occurring in Central Dallas. This sums up Victory Park to a T and Uptown is next. In the same building that CityDoc Urgent Care Uptown is in (green building across from Standard Pour,
2909 McKinney Ave, Dallas, TX 75204), the front side has had a For Lease sign in the 3 years I've lived in Uptown. If you do a Google Street View history, the last time a business was there was in 2014. 4 years! This is also a major problem with Downtown surface lots. Owners just sitting on them, waiting for their big pay day. They're holding up the economic vitality of Downtown. It's time for the city to finally discourage those damn lots.