Saturday in the Beaches Continued
There's trouble in paradise, there always been high retail turnover in the Beaches, but it has gotten worse over the past two or three years. A lot of retailers are either calling it a day or more moving up to Kingston Rd. Gerrard St. or the Danforth for cheaper space. I don't blame them. The big problem is rent is steep and getting steeper. My guess a few landlords who have the retail strip sewn up got greedy. The recent commercial property tax increases are probably not helping either.
Here's the challenge with the Beach, it's a desirable neighbourhood, people will pay stupid money to get a piece of heaven in the 416. My guess there's a more than a few people who are over mortgaged, you could say that with Oakville too. That doesn't help the local retailer because people aren't spending, helps to have a viable business and marketing plan too. One thing I am happy about is Bud's Coffee is still around for now.
Camera: Olympus OM-2n, Zuiko 50 f1.4 lens.
Film: Ferrania F Squared 400
Here's the challenge with the Beach, it's a desirable neighbourhood, people will pay stupid money to get a piece of heaven in the 416. My guess there's a more than a few people who are over mortgaged, you could say that with Oakville too. That doesn't help the local retailer because people aren't spending, helps to have a viable business and marketing plan too. One thing I am happy about is Bud's Coffee is still around for now.
Camera: Olympus OM-2n, Zuiko 50 f1.4 lens.
Film: Ferrania F Squared 400
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