Good point, Adam. I think we have to take the longer view of downtown. 10 years ago there was no one living downtown except for the homeless, some retirees in the Cathedral Towers and Stephen Dare. Now, we have probably 2000 people downtown with many more residences on the way with the Strand, Peninsula, San Marco Place, and the Barnett all slated to come on line soon. Also, we have several other new projects in the pipeline which will add new residents. Add to this the fact that Springfield is much farther around than before and has many new and affluent residents who want to spend money downtown.
Also, the entertainment options downtown 10 years ago beyond drinking a beer on the street from a paper bag were non-existent. Today, there are more than a half-dozen bars and new restaurants (not including the Landing). Not great, but a good start. So, I know everyone wants instant gratification and is frustrated by speculators like Hionides holding things back, but we have come a long way. Imagine the downtown of 2017. I think it will be pretty amazing. I am optimistic.