Toronto’s expansive underground retail network was prime downtown real estate before the pandemic. The PATH used to be a neighbourhood, an economy, a subculture unto itself. Has the pandemic and a hybrid work revolution humbled it for good?
, and this is a plea to resume the mundane tasks that sustain the symbiotic ecosystem — and prime real estate — of downtown.
On a good day, the PATH still offers some of the city’s best foot traffic. But the good days aren’t evenly distributed, and landlords and tenants have decisions to make. “I think every landlord is having this reckoning: It’s worse to just have the space be nothing, let’s spend a little money and make it into something,” he says.
Much of the “middle ground” has fallen away, says Jacobs. The dry cleaners, the dentists, and appointment-based services are resilient, same with higher-end retail and food. But the McDonald’s is closed in Brookfield Place, Baby Gap and Uniqlo left First Canadian Place, and MAC ended its run in Royal Bank Plaza. Many shops that remain have changed their hours.
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