- May 6, 2007
- Reaction score
The problem is that for businesses on the margin like Sligo, the only way to keep them in place is to do nothing at all and keep the buildings and the street frozen in time, often with owners that charge below-market rents. Sligo also benefits from a crappy space, since that's part of the character. Even if Scape were to give the owners of Sligo a space in the new building, it wouldn't be the same.The freak-out over the "lost businesses" was premature. There was never any indication that the ground-floor occupants would be forced out except for a (reasonable) fear that this would happen. As soon as this announced so many people were acting as though Burren, Sligo, McKinnon's, etc. were already gone.
This is a good opportunity to talk about policy, like cheap municipal loans to small businesses to allow them to survive temporary closure due to redevelopment.