Economic Recovery based on Parking Space Count
I guess we all use our own internal measures of life's return to normal
I use a couple:
Traffic on the Gardiner and the 427 on my way to work (we were always an exempt industry, day one)
2/
I guess we all use our own internal measures of life's return to normal
I use a couple:
Traffic on the Gardiner and the 427 on my way to work (we were always an exempt industry, day one)
2/
And I would say we are back to about 65% of Summer normal versus Zombie Apocalypse level in April
And I use office parking lot numbers in my corner of Toronto at Eglinton and Renforth
This is nowhere near 50% of normal
Some lots are big regional offices of TD and Bell
3/
And I use office parking lot numbers in my corner of Toronto at Eglinton and Renforth
This is nowhere near 50% of normal
Some lots are big regional offices of TD and Bell
3/
And those are super empty, likely all still working from home because elevators
The rest which are a mix of 6 story offices and ground level entrances mainly small businesses
Pretty empty still, buildings without elevators below 50% full and they were all packed Pre-Covid
4/
The rest which are a mix of 6 story offices and ground level entrances mainly small businesses
Pretty empty still, buildings without elevators below 50% full and they were all packed Pre-Covid
4/
What I don't know is:
Working from home?
Small business collapsed?
And it may be months before that can be determined
If WFH then more credence to a permanent shift because ground floor offices should be a safe return
Working from home?
Small business collapsed?
And it may be months before that can be determined
If WFH then more credence to a permanent shift because ground floor offices should be a safe return
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