Greg Ashe08/07 03:05 PM
GD Gearino of the News & Observer wrote an article about Village Motor Werks that was published April 2005. The following is a response from a reader of that article that I feel hit the nail on the head as regards new developments within the beltline. But before you read that text I would like to assure the kind people who were concerned about where VMW would go, that we are indeed still here! We’ve relocated to 234 South Boylan Avenue ( across the bridge entering Boylan Heights ) so come see us when you can.
919 832 0899 .(JavaScript must be enabled to view this email address)
Regards,
Greg Ashe dba Village Motor Werks
G.D. Gearino raised an important and timely issue in his April 12 column “Upscale but out of balance?” when he colorfully recounted the travails of an auto repair shop trying to survive inside the Beltline.
There’s more to the dwindling of everyday services inside the Beltline than what kinds of businesses property owners want, though. The first problem is size: the current basic retail business model calls for enormous stores. We don’t have that many square feet downtown, so can retailers come up with a business model that’s profitable in fewer than a zillion square feet?
The second problem is that specialty retail can generally pay higher rent than basic services. Property owners (especially absentee owners such as real estate investment trusts) demand the greatest return on their investment and aren’t required to offer a portion of their space at a rate that a basic service (auto repair, grocery, etc.) can afford.
The danger isn’t, as Gearino said, having downtown turn into a “yuppie theme park.” The danger is that a downtown without basic services won’t support a resident population. It’s great to see all the condos going up and more people living here. But if we all have to drive to suburbia to stock up on everyday supplies, get our cars fixed and so on, there’s no point living in town.
If the business owners, property owners and city government can’t find a way to keep a thriving set of basic services downtown, there’s a ton of investment poised to be lost.
Bill Brideson
Raleigh
published Wed, Apr.27,2005 News & Observer
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