Retail Vacancies in City Centres – Causes and Consequences: Findings from Turku, Finland
: Marjanen Heli, Kohijoki Anna-Maija, Malmari Meri
Publisher: Sciendo
: 2023
: Architecture and Urban Planning
: AUP
: 1
: 19
: 1
: 44
: 56
: 2255-8764
DOI: https://doi.org/10.2478/aup-2023-0005
: https://doi.org/10.2478/aup-2023-0005
: https://research.utu.fi/converis/portal/detail/Publication/179675494
This study examines ground-floor retail vacancies in Turku CBD in 2016–2021. It is based on a longitudinal database formed for the study, interviews, discussions with the stakeholders, and documentary analysis. The study found that three fourths of the vacancies were short-term. The long-term vacancies were spaces no longer meeting the requirements of contemporary retailing. In cases where property development was possible, planning disputes may prolong the vacancies for years or even decades.