Would it be any better though? Events can be subsidized to bring people to the core, but downtown's long time issue of not keeping people downtown doesn't really get solved. People come in for the events and leave when they're done. The minute the events and activation etc..aren't subsidized they'll stop happening, and we're back to where we are but with nothing permanent to show for it. My biggest issue with funding the conversions is that it competes against other residential developments.
I'm not saying residential conversion are the answer either, but it is a permanent one time cost. I don't want to see the city fund 20 conversion projects, but a half dozen can't hurt. Either that or subsidize one big project like Bow Valley Square.
I feel like a number of things need to happen for downtown to be vibrant. We need residential, we need retail, we need infrastructure improvements, we needs events and activities. We also need to deal with crime. I know some don't think it's an issue, but it is for the average person.
We're basically trying to liven up a giant office park that has crime issues. Sometimes I wonder if it is something that can actually be done, short of dumping a ton of money at it.