03-15-2021, 02:13 PM
(03-15-2021, 01:49 PM)tomh009 Wrote: I'd rather have the offices there than empty space (we do have many available streetfront retail units in DTK).
While the pandemic is entirely unprecedented and predicting it's outcomes isn't easy, my best guess is that between an increase in work from home, and a resurgence in retail activity by people who have spent >1 year abstaining, plus the huge increase in people living downtown from the dozen or so condo buildings going up, that going forward, demand for retail space downtown will be growing much faster than demand for office space. There are clearly still people with money willing to bet on office demand (and I'm sure it won't be zero), but if I were betting, it would be on retail.