Axios reports:
Greyhound bus stations nationwide are closing and relocating outside central business districts after being acquired by an investment firm that rose to infamy for its acquisition and gutting of American newspapers.
Greyhound has long been the brand most closely associated with intercity bus travel in the United States. Its stations, often architecturally and culturally significant, occupy prime downtown real estate that is considered ripe for commercial and residential development.
But Greyhound’s passengers, who tend to be younger and lower-income than other travelers, now must wait at improvised outdoor pickup locations or travel to less convenient locations to catch their bus.
Read the full article. Per the piece, in some cities the new pickup locations are up to ten miles away from the original stations. In several locations, the properties have already been sold for redevelopment into hotels, offices, and condo towers. Hit the link for more about the affected cities.
Greyhound stations are leaving downtowns after sale to notorious investment firmhttps://t.co/bQPDFVsCV4
— Gregg Early (@gsearly) November 18, 2023
