So far, none of the participants have chosen to make the temporary store permanent, but that’s the ultimate goal.
“That’s our hope,” said Sarah Wiebenson, director of economic development for the Downtown Denver Partnership and representative for Pop-Up Denver. “Ultimately, they will be given the runway to success and time to build their customer base without paying base rent.”
Landlords are happy with the results, Wiebenson said, but it means they’re not collecting rent on the property.
“Having human traffic in and out of the pop-up improves the visibility of the tenants paying the leases next door. It also shows the viability of a space that may have been empty for quite some time.” she said.
Landlords retain the option of replacing them with paying tenants if they find a pop-up.
Vacant stores are becoming a serious problem in areas like the 16th Street Mall that rely on office workers for weekday traffic and business. The remote work revolution brought on by the pandemic has been great for white-collar workers who can shorten their commute and work from the comfort of their home office, but the restaurants and shops they used was not great. to spend their money.
The emptiness of the 16th Street Mall creates many problems for the businesses there. At a recent event on homelessness hosted by the Colorado Chamber of Commerce, downtown his Denver vice president of his partnership, Beth Moiski, said public perceptions of safety in downtown his Denver were becoming increasingly problematic. I said it is.
“It is that person who is talking to himself…. They may not be in touch with me at all, but it makes you uncomfortable when you walk by them or when they walk by you. And that’s how people feel insecure,” Moyski said during a panel discussion.