Abstract
The Urban Land Institute (ULI) reports that for the first time in twenty-five years there is clear evidence that major retailers are showing a renewed interest in downtown, indicating "a basic shift in retail strategies." According to ULI, this shift has been brought about by a slowdown in suburban population growth, environmental pressures and overbuilding, coupled with the basic advantages of downtown including ready access, substantial populations of daytime workers, and, in many locations, reviving neighborhoods close to the central business district.
Keywords
Geography -- Law, Urban planning
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