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<br />Market Analysis for Downtown Redevelopment <br />City of Centerville Economic Development Authority <br />April 3, 2023 <br />Hugo <br /> <br />Traffic counts on Main Street and Centerville <br />Road determine the types of retailers who would <br />be attracted to Downtown Centerville. <br /> <br /> <br />Outlot retail developments have been popular in <br />recent years at the expense of in-line retail. <br /> <br />Lino Lakes <br /> <br />More retailers want drive-thru options. <br /> <br /> <br /> <br /> <br /> <br /> <br />Convenient parking is essential for retailers. <br /> <br />Interviews <br />Current retail rents are unlikely to support new <br />retail construction. <br />Household growth in the area is attractive to <br />retailers. <br /> <br /> <br /> <br /> <br />Page | 72 <br /> <br />