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The core problem: Cities’ downtowns are hollowing out as suburbs bustle

Wednesday, November 23, 2022

The study conducted by the Canadian Chamber of Commerce’s Business Data Lab shows a new economic pattern emerging in metropolitan areas across Canada; smaller towns and suburbs within commutable distance of major metropolitan cities are witnessing a growth in traffic. Cities, such as Niagara Falls, Trois-Rivieres and Kingston, are expected to experience a surge in Foot Traffic, leading to a rise in economic activity and business opportunities, including the emergence of more services like restaurants and retail stores.

Source: The Globe & Mail

Author: Vanmala Subramaniam

Published: November 23, 2022

+ Trois-Rivieres
+ Frontenac Mall
+ Niagara Square
+ Pickering Ridge
+ Confederation Mall
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  • Who We Are
    • About
    • Leadership
    • Bayfield News
  • What We Do
    • Management Principles
    • Asset Management
    • Property Management
    • Construction & Development Management
    • Lease Origination & Management
  • What We Did
    • Our Accomplishments
    • Redevelopment
    • Intensification
    • Market Timing
    • Greenfield Development
    • Strategic Transformations
    • Expansion & Remerchandizing
  • Portfolio
    • Portfolio Summary
  • Leasing
  • Our Impact
  • Contact Us