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  Demographic Trends Now Favor Downtown  
 

May 22, 2009

Demographic Trends Now Favor Downtown


By: Sam Duffey

As the population shifts toward the commercial hubs of the city as the MSNBC article linked below suggest, there will be a need for additional commercial services.  Retailers, service related companies, and even an additional office or two.  In Birmingham the downtown condominium market has had a number of up's and down's.  It seems like one day the hype is bright and the next day brings the auctioneer.  However, if the premis of this article is true, a steady population shift will certianly have an effect on downtown market areas.  If the population is solid and true, then the commercial uses will likely follow.