I don’t think it is going to do damage to the Strip like Allegheny Center, Allegheny Center was way more destructive to the surrounding neighborhood, eliminating significant buildings and creating a very weird neighborhood structure that was (and remains) confusing to navigate. The Terminal is just impacting one building that was already in disrepair. The businesses there don’t seem to have any appreciable impact on the Strip staples, and are completely different businesses in most cases.

As for its future, I agree that many of these businesses will fail in the long run, and that it will be an unsuccessful development. That being said, I don’t think the space will go to waste, and I think it is likely that it might be used in 5-10 years for the public market we all want. I view this development as just priming the pump for that, renovating the building and getting things ready for a better use once this development scheme fails.