Are there two many stores? Growing evidence says yes, that the retail market is unlikely to spring back and with the shift to internet spending, it's likely that we've already got more retail space than we need.
A recent article by Gruen and Gruen in Urban Land says, "Mayors and other officials who are trying to revive downtowns in small cities, they warn, had better pay attention to some demographic shifts and behavioral changes in the post-recession world."
Gen Y, they argue, doesn't shop nearly as much as previous generations, and the baby boomers are still hurting from their economic losses heading into retirement.
FULL STORY: Too Many Stores
Traditional Retail is Hanging by a Thread. What Now for Cities?
After Kaid Benfield paints a rather grim retail outlook — where even retail bastions like San Diego are going dark — he suggests a series of actions for city leaders and planners.
DC Announces ‘Office to Anything’ Adaptive Reuse Program
The program complements an existing residential conversion initiative and could yield up to 2.5 million square feet of new commercial space.
Shifts in Shopping: Transforming Malls Into Parks
Maybe zombie malls still have a second life — one with a little greenery.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service