Established-Communities Enjoying a Renaissance

Posted on Mar 23, 2015


This excellent Globe & Mail article highlights Kensington, but many of our vibrant inner-city areas are similarly experiencing a re-surge in building and commercial interest. With increased activity, it’s important for developers to stay abreast of nearby developments, community concerns and business balance.

“The study found that more people want to live in active neighbourhoods where they can be close to high-quality amenities and their workplaces. And while the study found that competition from suburban retailing is still a big challenge for downtowns, “promising trends for downtown retail are emerging… In the same way that retailers followed residents out to suburban areas in the postwar era, so too are retailers following people back into the core.”

 

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