So here's the dirt... Ordering online is killing Retail and hybrid work is killing Office demand.
The pandemic may be officially over, but workers aren't coming into offices any more than they did a few months ago.
time.com
We have got to find ways to buck this trend. Here is my list:
1. Work towards hybrid retail solutions where retail displays are much more compact and related to "style and function" with remote delivery enabled from much less expensive warehouse locations (Amazon does this from its online presence for sales); add
in situ entertainment at retail locations to engage customers (including gaming and XR potentials as well as "in person" events); encourage small, local retail operational unions whereby these unions negotiate with landlords for space consumption and lease rates, and, alternatively, gang together for collective website endeavors to promote self-images as individual pages within the context of a collective web presence -- these could be multi-layered (e.g. Area Representation (downtown Edmonton), Street Representation (104th Street), Building Representation (Milner Building) and then finally individual Retail Store Representation (Saucy Ballz & Finger Piez Eatery) whereby search engines are ordered to hit on any one of the layered Landing Pages with cross references to the other Pages.
2. Kill the trend for demising spaces in Retail components of Mixed Use Buildings -- encourage developers to standardize exterior door and window sizes so that there is complete exchangeability of locations of one versus the other.
3. Kill the Zoning trend that separates Office Functions from Residential Functions from Retail Functions from Service Functions from Hospitality and Entertainment functions (there are plenty of Building Code restrictions for adjacent spaces without codifying them in Zone categories as well. This alone would be a boon for buildings like the Empire Building, the Milner Building and the CN tower -- all looking for ways to reimagine themselves.
4. Similar to Point 3. above, allow Professional Offices to have a Residential Component so that Professionals can live and work at their office. I for one would consider working in a downtown tower if I could have my residence there as well. Klaus Hoffman (my first and only employer after post-secondary graduation) bought property on an acreage just east of Sherwood Park and on it built a residence with a large common workspace for employees. In the "Art District" in Los Angeles many loft buildings allow artists to live and work "in residence".
Add more ideas to this if you are so inclined...