A developer wants to transform a bank into a shopper's delight. Could this be the development that transforms the area into a 24/7 urban CBD?
"Could a lease by one of the world's high-fashion retailers provide the long-awaited key to unlocking Wall Street's perennial retail freeze, and beyond that, to thawing out the district's commercial cold spell?
Years before the attacks of 9/11 destroyed the popular retail concourse at the World Trade Center, boosters of downtown Manhattan had pushed hard, but with little success, to bring better, bigger and more exciting stores to the Financial District. The scarcity of restaurants and high-quality shopping outlets hurt both office and residential growth. As financial services firms migrated to Midtown Manhattan and to the World Financial Center, with its self-contained restaurants and shopping, the 9-to-5 quality of street life has been exacerbated by the absence of residents in the historic Wall Street core. The non-shopping environment has been a major obstacle to transforming the area into a 24/7 urban CBD."
Thanks to Peter Slatin
FULL STORY: Selling Spaces On Wall St

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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

San Francisco Suspends Traffic Calming Amidst Record Deaths
Citing “a challenging fiscal landscape,” the city will cease the program on the heels of 42 traffic deaths, including 24 pedestrians.

Adaptive Reuse Will Create Housing in a Suburban Texas Strip Mall
A developer is reimagining a strip mall property as a mixed-use complex with housing and retail.

Study: Anti-Homelessness Laws Don’t Work
Research shows that punitive measures that criminalized unhoused people don’t help reduce homelessness.

In U.S., Urban Gondolas Face Uphill Battle
Cities in Latin America and Europe have embraced aerial transitways — AKA gondolas — as sustainable, convenient urban transport, especially in tricky geographies. American cities have yet to catch up.
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