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Chestnut Hill in Philadelphia, Pennsylvania enlists assistance in helping fight vacancies.
June 24, 2010
The Philadelphia Business Today reports on some of the challenges facing Chestnut Hill lately. The recent recession is one of the reasons for the large number of vacancies appearing in the community lately. It is interesting to see the communities treat their Main Streets the way the owner of a shopping center or mall would. It is a business after all. The Chestnut Hill Community Association has hired Downtown Works, a consulting firm, to report back on strategies for improving the town's Main Street, Germantown Avenue. Also, the Chestnut Hill Business Improvement District has hired a retail recruiter to help get more stores into town. The irony is that just a few years ago folks were complaining about the influx of chain stores in the area. However, Borders has since moved out and left behind a large vacant space. Is it better to have some chain stores on your Main Street if it means having a vibrant retail center?
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