If someone could predict what shopping and services would do well in a neighborhood with any accuracy, they would go work for Target or Walmart or a hedge fund.
How are you supposed to predict what to build before anyone moves in? A grocery store is easy, but the hipster main streets that people love are hard to nail down. What stores are going to seem “eclectic” and “cute” to the people who move in, without being too far out there or too “corporate”?
How many bars? What kind of bars? Is the coffee shop fine or does it need some kind of fancy tea time place?
What price point should these places target?
All of this is very hard to know without having people living in the houses who can be polled or observed to see what they’d want.
How are you supposed to predict what to build before anyone moves in? A grocery store is easy, but the hipster main streets that people love are hard to nail down. What stores are going to seem “eclectic” and “cute” to the people who move in, without being too far out there or too “corporate”?
How many bars? What kind of bars? Is the coffee shop fine or does it need some kind of fancy tea time place?
What price point should these places target?
All of this is very hard to know without having people living in the houses who can be polled or observed to see what they’d want.