2. The Bureau of Downtown Development administers an economic development program targeting Wisconsin’s historic commercial districts. Bureau staff provides technical support and training to Wisconsin communities that have expressed a grass roots commitment to revitalizing their traditional business districts using a comprehensive strategy based on historic preservation. Rationale.
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5. Market Demand & ER Demand for Goods & Services Sales Rents Value Source: Hyett-Palma, Inc. & The Real Estate Services Group
38. Weigh supply against demand Retail Supply (Square Feet) Retail Demand (Square Feet) Retail Mix Analysis Survey and Focus Group Research Trade Area Demographic and Lifestyle Analysis Competitiveness of Existing Trade Area Stores Assessment of Retail Opportunities Analysis of Non-Local Market Segments (Tourists, Workers) Consumer Behavior in Store Category Competitiveness of Existing Regional Stores
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43. What do you do with the information? Opportunities for market growth MARKET ANALYSIS PROMOTION BUSINESS RETENTION & RECRUITMENT PROPERTY DEVELOPMENT
44. Case Study Market Report College Towns Identify Opportunities for growth
84. Who Serves on the ER Committee - The Team Attorney Realtor Manager Banker Insurance Agent Local Executives City Official Downtown Retailer Accountant Downtown/ Historic Commercial District
Steps in ER: I Real Estate Development 2 Business improvement and expansion 3 Recruiting new uses such as retail, government, services 4 Share information with consent of board and in cooperation with the organization committee
From a publication entitled “Real Estate and Retailing” which is available in our library.
Steps in ER: I Real Estate Development 2 Business improvement and expansion 3 Recruiting new uses such as retail, government, services 4 Share information with consent of board and in cooperation with the organization committee
Steps in ER: I Real Estate Development 2 Business improvement and expansion 3 Recruiting new uses such as retail, government, services 4 Share information with consent of board and in cooperation with the organization committee
Steps in ER: I Real Estate Development 2 Business improvement and expansion 3 Recruiting new uses such as retail, government, services 4 Share information with consent of board and in cooperation with the organization committee
Specific store categories NAICS 5 digit Not product type Quantitative demand supply Qualitative
Small Scale Industry: publishing, telecommunications, assembly operations Small Scale: Matching fund grant pool Low interest revolving loan fund
Small Scale Industry: publishing, telecommunications, assembly operations Small Scale: Matching fund grant pool Low interest revolving loan fund
Small Scale Industry: publishing, telecommunications, assembly operations Small Scale: Matching fund grant pool Low interest revolving loan fund
Small Scale Industry: publishing, telecommunications, assembly operations Small Scale: Matching fund grant pool Low interest revolving loan fund
Small Scale Industry: publishing, telecommunications, assembly operations Small Scale: Matching fund grant pool Low interest revolving loan fund
Small Scale Industry: publishing, telecommunications, assembly operations Small Scale: Matching fund grant pool Low interest revolving loan fund
Small Scale Industry: publishing, telecommunications, assembly operations Small Scale: Matching fund grant pool Low interest revolving loan fund
Small Scale Industry: publishing, telecommunications, assembly operations Small Scale: Matching fund grant pool Low interest revolving loan fund
Small Scale Industry: publishing, telecommunications, assembly operations Small Scale: Matching fund grant pool Low interest revolving loan fund