Evaluate Retail Supply and Demand.

Policy Description: 

Evaluate retail supply and demand and planned retail locations to ensure that new commercial and retail development can draw from an adequate market, rather than being too far ahead of demand.

Action Items:

Action 1:

Employ tools such as market demand analysis to evaluate major retail-based development proposals in situations where there is public investment or incentives associated with the project, or there is potential for significant impacts to existing businesses and commercial areas.

Action 2:

Conduct a city-wide retail vacancy study.