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When you see a dollar store, odds are that: - it is newly built. Building a dollar store is a fairly cheap way to raise the value of undeveloped land so some l
by difu_disciple 5y ago
When you see a dollar store, odds are that:
- it is newly built. Building a dollar store is a fairly cheap way to raise the value of undeveloped land so some land owners use them as an exit strategy for declining communities.
- likely in an odd location, compared to other stores. The developers asked an inexperienced city council to rezone non-commercial land to approve the new build.
Dollar stores wouldn't be as much of an issue if they leased existing commercial space but this rarely happens.
Sub-optimal land usage can lower the chances of a depressed community from ever rebounding.