Sunday, March 15, 2020

The Gathering Storm

I started this blog in April of 2011, with the intention of documenting life in the newly coined "Downtown Lakewood." As the economic crisis of 2008 faded, Belmar saw a flurry of new construction, new stores, new restaurants. Many of my hopes as a new homeowner in the area were realized, from the opening of grocery stores and cafes, to public art, festivals and concerts.

The last few years have been harder, as Lakewood became polarized between pro and anti-growth factions. Important tax measures that would have improved schools and roads have failed. Across the country, the retail apocalypse has hit cities hard, and Lakewood has been no exception. Belmar has done better than most shopping districts because it serves residents and because a walkable downtown is a social experience that can't be replaced by an Amazon order. Still, the change of ownership from Continuum to Starwood has resulted in an absentee owner who doesn't quite get Belmar, and a disturbing number of empty storefronts have recently appeared.

The sudden rise of a worldwide pandemic is now going to test Lakewood like nothing in its history. Will businesses that provide face-to-face services be able to survive with their customers sheltering in place? Will residents be able to pay their bills if their place of employment closes? Will the city's homeless population be left to fend for themselves?

And once the pandemic finally passes, how long will it take to restart the economy? What will happen to city and state tax revenue in Colorado, where the TABOR amendment has dangerously straightjacketed finances after every previous recession?

I guess we're going to find out.


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