City staff present downtown vacancy study showing 14.6% vacancy in pedestrian core; council considers vacancy tax, registry and business advocate
City planning staff said a downtown occupancy study found a 10% overall vacancy and a 14.6% pedestrian-core vacancy; council members discussed stalled assets, prioritized permitting, vacancy registry/tax options and a proposed business advocate position to help match tenants to spaces.
The full story
City planning staff presented the findings of a downtown occupancy study to the Community and Economic Development Committee and outlined an implementation strategy that includes pilot programs and policy options to lower street-level vacancy.
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