Community Chat

[drizzellla]

Driving down the most populated and busy Street in our area. I am shocked that if there was an empty plot of land, they are now building.

Amazon is opening 2 cashierless grocery stores a few miles from one another. An Aldi's is building another grocery store down the street from another Aldi's grocery store. They already had about 5 in the area.

I don't get it. We already have numerous grocery stores across the street from one another. About a mile from my house there are 3. 

And when they are not building a grocery store, they are building a bank. I don't get it until last week we were not allowed in our bank without an appointment. You had to use the drive through and sit for 20 minutes. Suddenly there are 5 new banks being built. 

[Foxxee]

Are they expecting a population boom in your area?  Usually, businesses don't build unless they anticipate growth in the area.  

[tototwo]

I know!  They talk about a sinking economy, but it must not be where I live.  Houses and new businesses are going up by the dozens.    

[Big Joanie]

And don't forget all the Drug Store's

[Sweetbay magnolia]

There's easy money out there.  Lending rates are low, stock market portfolios have done well recently, and these big corporations can always file bankruptcy and walk away if they don't prosper.

Municipalities are looking for income.  My home property tax assessment has increased by $55,000 over the last two years.  That's huge.

[CelticCrafter]

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@drizzellla wrote:

Driving down the most populated and busy Street in our area. I am shocked that if there was an empty plot of land, they are now building.

Amazon is opening 2 cashierless grocery stores a few miles from one another. An Aldi's is building another grocery store down the street from another Aldi's grocery store. They already had about 5 in the area.

I don't get it. We already have numerous grocery stores across the street from one another. About a mile from my house there are 3. 

And when they are not building a grocery store, they are building a bank. I don't get it until last week we were not allowed in our bank without an appointment. You had to use the drive through and sit for 20 minutes. Suddenly there are 5 new banks being built. 

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There is a bank that we used to have CD's with.  I don't know if it's changed but in January you couldn't even do an appointment to get inside.  Everything had to be done through the drive up window. 

You know how long it took to close the accounts and get our money.  Sitting there, in the cold, smelling the fumes from all the other cars using the other lanes, wasting gas and having private information blasted through the whole area.

[ValuSkr]

We already went through the banks and drug stores phase - you know, one on every corner.  That ended five years ago or so.  Now, the medical industry is taking up all the air in the real estate room.  They are building new and, to a much less degree, repurposing unused retail space.  All I can say is that the industry must be making a lot of money off our insurance premiums and government reimbursements. 

[goldensrbest]

Land to build homes is expensive here,but drug stores,and banks are every where.

[deepwaterdotter]

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@Sweetbay magnolia wrote:

There's easy money out there.  Lending rates are low, stock market portfolios have done well recently, and these big corporations can always file bankruptcy and walk away if they don't prosper.

Municipalities are looking for income.  My home property tax assessment has increased by $55,000 over the last two years.  That's huge.

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This makes sense to me.

[caroln242]

In my area, it seems like every new business is a mattress store.  I already know of 5 mattress stores and just saw another one open up.  With just 67,000 people, how many mattresses can they be selling????

As the OP mentioned, every plot of land is being used up with housing developments, condos, townhouses, etc.  Pretty soon not a blade of grass will be found inside the city limits!