Commercial vacancies: no solutions

The headline here suggests insights into commercial vacancies but doesn’t actually provide them, and I think the analysis of St‑Denis Street fails to see a couple of issues.

In a recent study, some commercial streets were shown to be doing really well, largely because they serve a local clientele. But St‑Denis – between Pine and Mont‑Royal, at least – has never felt like a neighbourhood shopping street. Since the 1980s at least, it’s been a more worldly, upscale street, with no basics like a grocery or hardware store, but rather clothing, cosmetics, home decor and cafés. (Yes, there are a couple of health-food stores – expensive ones.)

But, and this is something we don’t often discuss – St‑Denis is also a highway, literally. It’s Autoroute 335. A shopper can’t easily hop from one side of the street to the other, on a whim. Cars totally dominate. You can’t close the street to traffic for a street sale, as you do on other shopping streets.

And maybe we’re beginning to find this arrangement uncongenial.