In two articles in today’s Oregonian, one in the Business section and one from In Portland, Fred Leeson looks at downtown’s retail challenge. “Facing competition on all fronts,” the In Portland sub headline goes, “business leaders bank on the city center’s biggest transformation since World War II to win back shoppers.”
In the other article, Leeson summarizes things nicely:
“No fewer than 112 blocks will face a new transit mall set for completion in 2009. Condo towers are putting hundreds of customers steps from shops. Business leaders have a $15.3 million plan to help downtown stores compete with malls, including the new “lifestyle” centers that cater to the regions most affluent shoppers.”
These lifestyle centers are just malls with pedestrian areas outdoors instead of indoors, which is supposed to be more like a city but feels a lot more synthetic. However, they’ve been on an upswing in popularity. With more of a true […]
Published by Brian Libby
Continue reading: Downtown’s Retail Challenge(and Opportunity)
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