Daily Archives: July 22, 2012

The Neighborhood Economy Barometer: Starbucks

Starbucks on 47 West Flagler, in the Central Business District, not surprisingly has the least working hours of all others in Miami

I’ll have a double espresso and a glance at the neighborhood economies, please. Starbucks can provide more than an array of caffeine rich products. It can tell us a bit about the vitality of neighborhood economies. How? Hours of operation.

Starbucks and the Hood

Starbucks is an indicator of neighborhood economic activity because its operating hours, more often than not, coincide with that of its neighbors. For example, in South Beach, Sushi Samba on Lincoln Road and Pennsylvania closes at 2AM on Saturdays, a half hour after Starbucks across the street. Nearby Van Dyke Cafe opens its doors one hour after Starbucks, daily. In Brickell, Publix (in Mary Brickell Village) opens its doors a little over an hour after the nearby Starbucks, and PF Changs, right around the corner, closes at the same time as Starbucks on Saturdays and just one hour later on the weekdays. The correlations repeat wherever you go.  Continue reading

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Filed under BoB Articles, Brickell Village, CBD: Financial District, CBD: Jewelry District, Economy, Uptown: Edgewater

Relics of the Bust

The Filling Station lofts under construction in 2007 (left) and an advertisement illustrating ceiling heights, around the same time (right)

During the height of the boom, anything seemed possible. Neighborhoods that were completely derelict and unstable were touted as the next trendy place to “live, work, and play”. As the wishful thinking of developers and buyers crashed, the bust showed that the less mature (stable) areas were not ready to shake off the stigma of their former years.  Continue reading

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Filed under BoB Articles, Scrapped