We are a non-metro city of about 30,000. I am doing some research on requiring large retailers (say...over 25,000 square feet or another arbitrary number) to have a redevelopment or reuse plan should the business ever leave that particular site. Have any of your communities done this in the past?
I see the benefit but question the enforcement techniques. How will the developer know what will work in the future? Should they be required to change the facade for easier development of smaller businesses? How can the city afford to demo a large building if these are not met, etc? We've dealt with escrow accounts in the past and it was a nightmare so we want to stay away from that.