Retail Vacancies in City Centres – Causes and Consequences: Findings from Turku, Finland
Abstract
This study examines ground-floor retail vacancies in Turku CBD in 2016–2021. It is based on a longitudinal database formed for the study, interviews, discussions with the stakeholders, and documentary analysis. The study found that three fourths of the vacancies were short-term. The long-term vacancies were spaces no longer meeting the requirements of contemporary retailing. In cases where property development was possible, planning disputes may prolong the vacancies for years or even decades.
Language: English
Page range: 44 - 56
Submitted on: Feb 3, 2023
Accepted on: Mar 17, 2023
Published on: May 31, 2023
Published by: Riga Technical University
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year
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© 2023 Heli Marjanen, Anna-Maija Kohijoki, Meri Malmari, published by Riga Technical University
This work is licensed under the Creative Commons Attribution 4.0 License.