RICHMOND STRIP NOT DOWN FOR THE COUNT? Real estate reporter Shaina Zucker cruises Richmond Ave., tallying up the evidence that she suggests might just point to a resurgence of that once-lively strip between Hillcroft and Chimney Rock: “30 — The number of For Lease signs visible; 4 — The number of For Sale signs visible; 6 — The number of empty lots visible; 5 — Number of active adult entertainment locations (strip clubs, novelty stores, etc.); 8 — Number of other active clubs/bars facing Richmond; 6 — Number of open fast-food locations; 20 — Number of auto sales/retailer locations; 3 — Number of active construction projects; 35,127 — Richmond at Fountain View average daily traffic volume by number of vehicles; 33,720 — Richmond at Chimney Rock average daily traffic volume by number of vehicles.” [Houston Business Journal] Photo of La Bare at 6234 Richmond: City Data
Armed with a camera, two enterprising Swamplot readers set out to document the retail carnage along South Shepherd, between 59 and the Shepherd Curve:
The sheer number of businesses that have disappeared along Shepherd in 4 months has been stupefying. This is with a large, new, empty Weingarten development at one end …and the chronically empty Shepherd Plaza at the other. Hell, we have gone from 4 Starbucks to 3!!
That’s a 25 percent reduction in mocha lattes alone. How about in some of the other sectors?
Granted, there have been some new businesses, a Hallmark store, a dance studio, and something seems to have filled the lingerie place at Welch and Shepherd, but the vacancy rate now stands at 22%!!! We counted 172 retail “units” and found 37 of them to be empty. As recently as February, I remember only about a dozen vacancies.
What are the sights?
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