Downtown Retail: Need for area shops ‘unmet’
The Dispatch wrote Need for area shops ‘unmet’
Tuesday, June 3, 2008
BY TRACY TURNER
Despite the demise of Columbus City Center, the potential for retail Downtown is strong, according to a new study released today by a Downtown property-owners’ group.
In fact, $110 million more in annual spending could be generated Downtown if more retailers took advantage of the market. The current mix of Downtown employees, residents, students and visitors, in addition to near-Downtown residents, could support an additional 450,000 square feet of shops, restaurants and service businesses in the area.
To generate more interest in Downtown retail, the group is offering retailers new incentives, including Downtown consumer demographic studies, traffic counts, access to leasing agents and encouragement, he said. Such was the draw for Terry Daniels, co-owner of CJ Daniels, 108 E. Main St.