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2023-06-21 EDA Packet
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2023-06-21 EDA Packet
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6/19/2023 5:15:00 AM
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Interviews <br />Mixed-Use Themes <br />Multifamily Residential ThemesRetail Themes <br />Demand for new housing comes Traffic counts on Main Street and Integration with the neighborhood <br />primarily from the immediate areaCenterville Road determine the and natural amenities is important <br />types of retailers who would be <br />Development of new housing is Parking is critical for the success of <br />attracted to Downtown Centerville <br />financially difficultmixed-use projects <br />Convenient parking is essential for <br />Demand for single-family homes These projects can be financially <br />retailers <br />and townhomes was very strong in difficult and likely require public <br />2020 and 2021 but is now starting Outlot retail developments have financing, such as TIF <br />to show signs of slowingbeen popular in recent years at the <br />Having a commercial tenant <br />expense of in-line retail <br />Higher interest rates are commitment early can improve the <br />impacting buyersMore retailers want drive-thru chances of success <br />options <br />Even with the large number of new Horizontal mixed-use might work <br />rental units coming into the market, Convenience retail will not work in better in Centerville <br />there is still demand for rental downtown <br />housing <br />Homegrown restaurants and <br />Assisted living and memory care breweries may present an <br />managers are concerned that there opportunity for Downtown <br />is too much new productCenterville <br />Downtown Redevelopment Market Analysis – Summary of Findings <br />14 <br />Centerville City Council <br />May 10, 2023 <br /> <br />
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