Think about it this way: if more high-rise apartments were built, then some rowhouses (or other inefficient [in terms of people per square foot of land] housing) could be torn down. Restaurants could be built in their places.
Thus the supply of restaurant space would increase, and the average price would accordingly decrease.
Blah blah blah. This isn't Econ 101. We have zoning laws, so no, all space is not the same.
I haven't checked, but I'm fairly certain that the Grove's location isn't zoned for residential use. In any case, I can guarantee that isn't what the owners are planning to do with the space, given its prime location on a high-foot-traffic, retail strip.
The zoning restricts the market somewhat, but it like anything else can be changed. Didn't mean to come across as patronizing above — sorry if I did.
One more thing... you may have misinterpreted my comment. The situation I'm imagining is not the case where The Grove is turned into a residential development. It's the opposite — some residential areas are razed and rezoned for business, driving down The Grove's rent.
Well. What do you know? Maybe they've actually, for once in their lives, created a product not exclusively designed to suck money out of your wallet. (1)
More specifically, OS X and iOS run what is essentially a fork of Mach 2.5, a version of Mach that came out before the BSD code was split out of the kernel into userspace (that happened in Mach 3).
A few "merges" (to use source control terminology) of newer Mach stuff into xnu (the OS X kernel), but the BSD-in-userspace stuff never came over.
Think about it this way: if more high-rise apartments were built, then some rowhouses (or other inefficient [in terms of people per square foot of land] housing) could be torn down. Restaurants could be built in their places.
Thus the supply of restaurant space would increase, and the average price would accordingly decrease.