Neighborhood-based retail like small corner stores accessible by a quick walk rather than a drive to a central shopping district are making a comeback. It’s in part thanks to the pandemic, which made people spend lots of time in their own neighborhood, but helped along by changes in zoning in several cities that are making it possible to open up small shops and restaurants in residential neighborhoods, mixed use that has in many places been exorcised from the zoning law by overzealous car-centric planners after World War II. The math is basic: A 1,200-square-foot shop needs to clear about $1,000 per day in sales to make rent and pay market wages, which means it’s got to be within a quarter-mile of 1,000 households, opening up a lot of parts of midsized cities to potential new shops.
Remember the old corner store? Could it be on the comeback?
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