Comment 27391

By A Smith (anonymous) | Posted November 21, 2008 at 23:30:53

Jason, what is worse to walk by, a vacant old building, or a vibrant, yet car centric big box development?

Even though big box stores are not the ideal, perhaps they are a first step.

If property values rise in Hamilton due to ever greater demand from businesses for development, this will make low density, one story big box stores non economical. Over time, companies will look to maximize the value of their properties, which could lead to the very structures Ryan is talking about.

Therefore, the very greed that drives companies to build profitable big box stores, will eventually force them to switch to profitable high density stores.

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