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Suburban Retailers Say Hello To Downtown

Posted by: Abhijeet Chavan
Thanks to: Keith Schneider
24 November 2004 - 8:00am

Home Depot finds a welcoming market in Manhattan.

What really makes Home Depot’s Manhattan arrival eye-catching is not simply the company’s attention-getting opening in September. It’s also that Home Depot is making a very big statement about the vitality of urban downtowns as new markets for suburban-based developers. Instead of Macy’s and Hudsons and other historic urban retailers moving out, it’s Home Depot and Wal-Mart and Kmart moving in. Finally, when it comes to the super store wars, the city appears to be gaining.

Full Story: Suburban Retailers Say Hello to Downtown
Source: Michigan Land Use Institute, November 23, 2004
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One of the keys to regional and local prosperity is the ability to attract and retain high-skilled people. ... Many people can, and do, choose where they want to live based on factors beyond their ability to make a living.
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