Gentrification is Everywhere

Written by Jim the Realtor

May 24, 2019

Many will lament the redevelopment of downtown Carlsbad, but it is happening everywhere as big money takes over.  It’s not just the look that’s changing either.

The old Sears at UTC is being completely re-purposed, and new companies that never existed before are coming in to provide services we didn’t even know we needed.

Carmel Valley’s Del Mar Highlands is adding 120,000sf of upscale retail tenants to compete with the One Paseo mixed-use project across the street.  Horton Plaza is getting re-worked, Mission Valley has already transformed, and surely other old parts of town will get upgraded in the near future.

There doesn’t seem to be any way to stop it either.  Let’s make the best of it?

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4 Comments

  1. jason h

    Although the concept of co-working will probably persist (just as it has existed before this current tech bubble) I would specualate that when we look back years from now it will become obvious that too much co-working space was created and it was extremely correlated to the entire tech wave we are now going through.

    In the past office space had long locked in leases now when the economy turns these spaces are going to suffer mightily just like hotels as both are dependent on their customers coming in every day with no leases…

  2. Rob_Dawg

    > There doesn’t seem to be any way to stop it either. Let’s make the best of it?

    There used to be these “tools” called zoning, and CEQA and EIRs and TDM (Traffic Demand Models) but now there is too much money on the other side of the formula. More importantly our local electeds and planners are becoming a generation that has been indoctrinated in a culture of dense urban mixed use transit oriented public spaces car hostile deciders.

  3. Jim the Realtor

    a culture of dense urban mixed use transit oriented public spaces car hostile deciders.

    What a culture!

  4. Rob_Dawg

    Whilst in D.C. last month we used nothing but free and pay public transit, Lyft and shanks ponies. Walking over 4 days was more than 40 miles. There’s a new four branch bus system, DC Circulator, that hits all the tourist spots. The Metro has easy payment and bulk options. Lyft/Uber is saturated with capacity. Good for them. That’s a Century plus of subsidies and a promise of incredible subsidies forever going forward. Don’t let the special cases stand in for sustainable development patterns.

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