Downtown post COVID

[searching1818]

How to we make downtown more vibrant and appealing?
As we hear, many companies are shrinking their footprint of square footage.
Hence, less rent paid.
Less commuters.
Less revenue for retailers.
So, any ideas please?

 

[MrDee12345]

How to we make downtown more vibrant and appealing?
As we hear, many companies are shrinking their footprint of square footage.
Hence, less rent paid.
Less commuters.
Less revenue for retailers.
So, any ideas please?

Convert as many buildings as possible into condos or apartments.

 

[Charlie_mta]

Convert as many buildings as possible into condos or apartments.

I was thinking the same. More housing downtown would make it more of a 24 hour environment, plus help ease the housing shortage.

 

[617]

So painfully obvious…eliminating parking minimums would go a long way. Instead the state wants the suburbs to build dense bc they have commuter trains that show up once an hour at peak intervals.

 

[Smuttynose]

I think part of it is just basic infrastructure investment. The Ladder District streets between Washington and Tremont are not in great shape. Better lighting, landscaping, wider pedestrian paths, masonry surfaces - all of that would go a long way.

 

[JeffDowntown]

Convert as many buildings as possible into condos or apartments.

According to a Goldman Sachs analysis, Office Building values need to drop another 50% for this to make sense in most cases. Office to multi-family residential conversions are quite expensive, often nearly on par with new residential construction per sq. ft. Older, Class B buildings with lots of bays and window wells are the best bet for conversions Newer Class A buildings with large floor plates are horribly expensive to make into something reasonable for residential.

Goldman says office buildings need a 50% price drop for residential conversion to be a real thing

Office-to-residential conversions can be costly and take longer than new construction.

fortune.com

 

[SuffolkHeights11]

How to we make downtown more vibrant and appealing?
As we hear, many companies are shrinking their footprint of square footage.
Hence, less rent paid.
Less commuters.
Less revenue for retailers.
So, any ideas please?

The city can do the following tomorrow, without seeking state approval.

1. Any business not serving alcohol is allowed to operate 24 hours a day, by right.
2. Any business serving alcohol is allowed to operate until 2am, by right.
3. Any business can offer live entertainment until 2am, by right.
4. The height of buildings is determined by the FAA and state shadow regulations.
5. Zero parking minimums.

 

[DBM]

Ask, and ye shall receive...

https://www.bostonglobe.com/2024/06...nvert-downtown-office-buildings-into-housing/

 

[Aprehensive_Words]

Convert as many buildings as possible into condos or apartments.

Don't forget hotels:

https://bankerandtradesman.com/another-option-for-vacant-office-buildings/