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[quote=Anonymous][quote=Anonymous]You've touched on a dark side of the "mixed-use, smart-growth" projects  that we've seen recently in Washington and the surrounding area.  One reason that they start to seem indistiguishable from one another is that their financial investors all want the same things:  deep-pocketed parties with strong credit ratings to sign long term leases.  This basically means large retailers like CVS, national banks and restaurant chains.  Independently owned businesses are just considered more risky and are not as desirable when the initial backers try to flip the project.  So when a building is razed for a new mixed use project, the local, independent restaurants and shops move out and typically move on, to be replaced when the development is completed by the same old corporate retailer, financial services and restaurant groups.[/quote]

Have you been to Mosaic district? Very interesting mix of retailers - if not many indies, heavily local chains,some fairly quirky.   Ditto for Bethesda Row.   They will get more indies as the projects age.

Note that the issue of indie retailers moving OUT is only an issue when the project is built where a strip of old retail had existed (and was viable.)  Many new mixed use developments are built on old parking lots, industrial sites, etc - or on old shopping centers that had nothing but a supermarket, or had a couple of businesses that were barely hanging on (in some places car title lenders and stuff like that) [/quote]

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