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require the amount of space that large format retail requires, and
<br /> often seek out areas with character, such as an historic downtown.
<br /> Other(cinema, 37,000
<br /> LCG projected a demand for between 30,000 and 50,000 square professional/medical,office,banks, 64,000
<br /> etc.)
<br /> feet of grocer services in the next decade. This amount of demand
<br /> 30,000
<br /> might support a new grocery store— maybe a compact, urban Food&Beverage(grocery)
<br /> 52,000
<br /> store, or existing stores could improve their facilities. As can be
<br /> seen in Figure 6, there are gaps in fresh food locations, especially 29,000
<br /> General Merchandise
<br /> within walking distance (1/4 mile) of some neighborhoods. 50,000
<br /> 18,000
<br /> Foodservice&Drinking Places 31,000
<br /> —
<br /> A. $ . t---- 10,000
<br /> t` r I Miscellaneous Store Retailers
<br /> ... .H,..ti 18,000
<br /> I
<br /> �M, arc : „� Building Materials,Garden 10,000
<br /> ,P.... 1 * .,,�00,.0.,W. •n.lu.nwn...y.,r Equipment 18,000
<br /> K�.: ,.,Fes. a,,, •,.,.,,, 10,000
<br /> �'' * S Furniture&Home Furnishings
<br /> _. _._.,�_ 17,000
<br /> Cash 4 CM.r Swart vow9,000
<br /> i Clothing&Accessories
<br /> "" 16,000
<br /> ""` �"" '� 7,000
<br /> 9 ,• \,� Health&Personal Care 13 000
<br /> r..0 " mo v
<br /> I
<br /> i r
<br /> :
<br /> .•« T - 1 \ E — - J 5,000
<br /> Electronics&Appliances
<br /> Figure 6:Fresh Food Locations(yellow is 14 mile radius) 10,000
<br /> Sporting Goods,Hobby,Book, 3,000
<br /> Music 5,000
<br /> Conservative Attainable
<br /> Figure 5:Retail Demand(square footage)by type in Metro Everett, 10-year forecast
<br /> (Source:CoStar,Leland Consulting Group)
<br /> Chapter 3,Market Analysis 5 August 29,2018
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