This shop is literally 20 ft. from the top of the elevators leading to a major station of the Athens Metro. It was among the early victims of the Greek recession. If TODs are robust, these shops were supposed to close last. Far from it. Transit ridership is higher now thatq the Greek economy is doing poorly but the artificial TOD neighborhoods are ghost-areas.
Lesson: Soul-full neighborhoods like Kalihi and Manoa can weather severe, prolonged crises, but artificial ones like Kapolei and Hoopili will likely wither or vanish. And you don't want to be walking there in the dark coming up or down the stairs of a transit station like a perfect target...
Monday, June 11, 2012
Subscribe to:
Posts (Atom)