CNDC BigBox Impact Study 2006 - ORD. 766-11
Big-Box Centers and Neighborhood Business Districts:Impact Analysis and Competitive StrategyMichael J. Berne / MJB Consulting, November 2006The report is designed to serve three purposes. One, it assesses the impact of Steelyard Commons and other big-box stores on two levels: one, within particular retail categories and two, on specific shopping precincts. Two, it describes formats in these particular categories that seem best able to survive within the shadow of the big-box threat, and proposes strategies that these specific precincts can adopt in an effort to return to retail relevance. Three, it details the role that the City of Cleveland should play in this area. [Note: Cleveland City Council is anticipated to pass legislation (Ord 766-11) on June 6, 2011 authorizing the Department of Economic Development to disburse funds for eligible projects for commercial development needs of the impacted areas -- There are six (really eight) neighborhoods identified in the report and therefore eligible for funds: 1) Clark-Fulton (&Stockyards), 2) Lorain Station, 3) Ohio City, 4) Old Brooklyn (&Brooklyn Centre), 5) Slavic Village/North Broadway, and 6) Tremont. The current available balance of funds is $689, 283. Future annual amounts expected to be available and authorized are estimated at $120,400.
Content
Impact Analysis and Competitive Strategy
Michael J. Berne / MJB Consulting, November 2006
The report is designed to serve three purposes. One, it assesses the impact of Steelyard Commons and other big-box stores on two levels: one, within particular retail categories and two, on specific shopping precincts. Two, it describes formats in these particular categories that seem best able to survive within the shadow of the big-box threat, and proposes strategies that these specific precincts can adopt in an effort to return to retail relevance. Three, it details the role that the City of Cleveland should play in this area.
[Note: Cleveland City Council is anticipated to pass legislation (Ord 766-11) on June 6, 2011 authorizing the Department of Economic Development to disburse funds for eligible projects for commercial development needs of the impacted areas -- There are six (really eight) neighborhoods identified in the report and therefore eligible for funds: 1) Clark-Fulton (&Stockyards), 2) Lorain Station, 3) Ohio City, 4) Old Brooklyn (&Brooklyn Centre), 5) Slavic Village/North Broadway, and 6) Tremont.
The current available balance of funds is $689, 283. Future annual amounts expected to be available and authorized are estimated at $120,400.
