The San Martin construction is causing all kinds of disruption. It is a separate issue from the economy. I have seen mostly smaller, less well capitalized stores closing, not big chains like Kevingston. And, even though the economy is crappy, construction on new residential buildings is at a fever pitch, with new projects starting all the time. And locally owned chains are expanding at a pretty fast clip, too.
The people who have money are building apartment buildings, opening Kentucky's and Havannas and Burger places and Artesenal beer bars seemingly on every block. Its the working people who are suffering, and they are not the ones who bought Lancome in this Shopping.