New restrictions on aren’t a ban or a moratorium, says Councilman Matt Appelbaum. Consider them a four-month pause on new business.
And the pause deliberately was implemented as a surprise, council members say. When you’re trying to place a limit on someone, you don’t give them a heads-up so they have time to adjust, Mayor Suzanne Jones said.
Regardless of any confusion over a 120-day prohibition on new ground-floor permits for financial institutions on Pearl Street, announced last week, one thing is clear: The city’s elected officials believe Boulder’s signature commercial attraction is not as attractive as it once was, and should be.
Council members say the next few months will be used to consider policy changes that might help prevent small-scale shops and eateries from being priced out of downtown and replaced by chains, offices and banks that can afford the real estate.
There are a number of steps the council could take.
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