City proposes new bill to revitalize vacant downtown spaces

In a recent government meeting, officials discussed a proposed bill aimed at revitalizing downtown areas by addressing the issue of vacant commercial spaces. The legislation, which mirrors a temporary measure enacted during the COVID-19 pandemic, seeks to reduce barriers in the city code that currently limit the types of businesses that can occupy these spaces.

The bill's primary objective is to increase daily foot traffic and enhance the vibrancy of downtown by attracting a wider variety of tenants. This includes allowing for more flexible space configurations, such as accommodating shallower spaces and multi-floor uses. Officials noted that certain areas of downtown have struggled with a lack of activity, and the proposed changes are designed to encourage creativity and innovation in how these spaces are utilized.

Recent data presented during the meeting highlighted the ongoing recovery of downtown following the pandemic. While foot traffic increased by 15% from 2021 to 2022, the growth rate has slowed to just 5% year-over-year in the past year. Additionally, the balance of business openings and closures remains concerning, with only nine new businesses opening compared to 21 closures since last November.

The proposed legislation would be in effect for three years and specifically target class 1 and class 2 pedestrian streets, which have street-level use requirements. It aims to expand the range of permissible uses for these spaces, drawing from successful models in other neighborhoods like Greenwood and Fremont. New categories of street-level uses would include office spaces, research and development labs, and a broader array of institutional uses, all intended to foster a more dynamic urban environment.

As the city continues to navigate the post-pandemic landscape, this initiative represents a strategic effort to breathe new life into downtown and stimulate economic activity.