COMMENT OF THE DAY: DOWN IN FRONT “Actually, ground floor retail is an uphill struggle. Apartment managers want to manage apartments. Shopping center managers want to manage retail tenants. Plus, with the slim profile of this lot…where 10 extra feet is needed for the parking…putting 50 or 100 foot deep retailers in the garage would be even worse. And, despite the claims of the poster several spots up, mixed use retail space is a very hard sell. Dallas pushed several developers to include ground floor retail in new complexes, and most of them sit idle. The fact is, Houston is capable of separating the two, so developers and retailers prefer to do so. Only in dense urban areas do retailers attempt to carve out space wherever they can find it. Despite the love affair with mixed use retail, it is still a very rare bird . . . especially in new development. . . .” [Dave, commenting on Apartment Building Replacing Tavern on Gray Won’t Have Any Retail, But Really Wants To Hug the Street Anyway]
Dense urban areas = everywhere else in the country!
Even in lowly Galveston, are there apartments upstairs and commercial/office areas downstairs.