More vacancies downtown

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More vacancies downtown

Submitted by Rick on Fri, 09/02/2005 - 9:16am.

The Olympian reports that Capitol City Press is moving out of downtown:

Connie Lorenz, executive director of the Olympia Downtown Association, said she met with the company earlier in the year as part of the association's efforts to create a business improvement district for the city, but she said by then it was too late to convince the company to stay downtown.

"We hate to see any long-term business leave," Lorenz said.

As many as a couple dozen vacant downtown storefronts have become an issue in recent months for neighboring businesses and tourists.

I know of at least two recent examples of significant rent increases (30%) for downtown businesses. This seems like it might have something to do with the problem. Does anyone have any more data on rents for storefronts?

empty real estate is a crime

Submitted by khaos on Mon, 09/05/2005 - 12:05am.

these empty storefronts should be used to house hurricane survivors.

catapult the propaganda

Submitted by Rob Richards on Mon, 09/05/2005 - 12:08am.

I really don't understand why people feed into or listen to The Olympian's fear-mongering. The rate of vacancy's downtown is nestled right on the national average. We're average, that means we're doing pretty well. The Olympian considers that 'urban blight'. I consider that journalistic blight.

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