^If you live downtown this is one of the issues that will have the greatest impact on your everyday life. We focus on this forum mostly on the physical form of the city and it's structures and spaces. However, a city is just as much about how it's populated and animated and who lives there and who has responsibility and ownership over what.
If conditions continue (and they could change if for instance we had a major property correction or recession etc.) and without some form of policy intervention, virtually every existing bar, restaurant, store, etc. in the central city you know will probably close in the next 10 years. Commercial change is "sticky" meaning reluctant to change because building owners, business owners etc. are resistant and resilient over time. But mass change of this magnitude is coming.