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<br />identified in the comprehensive plan are likely to evolve as convenience retail and service
<br />locations and will have a smaller square footage of space than the TH-13 retail areas.
<br />
<br /> Table i
<br /> PRIOR LAKE SUPPORTABLE SPACE
<br /> BY MERCHANDISE CATEGORY
<br /> (Gross Leasable Area)
<br />Merchandise Category 2005 2010 2015 2020 2025
<br />Households 12,918 16,388 19,791 23,458 27,407
<br />Convenience Goods 111,500 148,000 188,000 230,900 273,900
<br />Shoppiog Goods 28,800 53,300 66,600 89,600 112,400
<br />Buildiog Materials 34,112 156,861 160,131 164,061
<br />Auto Parts & Accessories 24,000 27,000 35,000 35,000 42,000
<br />Services 48,400 66,800 88,100 113,400 135,600
<br />Health Care 48,500 65,100 82,500 109,500 133,200
<br />Other Services 18,000 24,000 30,000 38,000 45,000
<br />Total 279,200 418,312 647,061 776,531 906,161
<br />Source: McComb Group, Ltd.
<br />
<br />Retail, food service, services, and office development potential in Prior Lake is likely over the
<br />long term to include businesses that are new to Prior Lake and businesses that relocate from
<br />other locations within the community as their space needs increase. Table ii lists those business
<br />types that can be accommodated within the community as trade area households increase. This
<br />table identifies the store type, median store size, and the store size range in each category. This
<br />table includes businesses for which square footage demand cannot be quantified, but can be
<br />accommodated based on the increasing size of Prior Lake's trade area.
<br />
<br /> Tableii
<br /> PRIOR LAKE POTENTIAL RETAIL TENANTS
<br /> Square Feet Typical Size
<br />Establishment Type 2005 2010 2015 2020 2025 Median Ran~e
<br />- -
<br />Convenience Retail
<br />Supermarket X X X X 48,775 29,000 65,000
<br />Specialty Food Store X X X X 3,140 1,100 23,000
<br />Drug Store X X X X X ll,153 7,500 32,100
<br />Hardware X X X X X 7,857 3,100 25,000
<br />Liquor X X X X X 4,000 1,300 6,700
<br />Florist X X X X X
<br />Food Service
<br />Full Service Restaurant X X X X X 5,124 2,100 9,275
<br />Limited Service X X X X X 3,113 1,645 9,575
<br />Snack & Beverage X X X X X 1,500 750 2,500
<br />Convenience Store/Gasoline X X X X X 2,250 1,500 5,100
<br />Shopping Good,
<br />Women's Clothing 3,000 1,000 8,800
<br />Family Clothing X X X X 6,000 2,200 26,225
<br />Furniture X X X X X 4,860 2,400 24,200
<br />Floor Coverings X X X X X 3,826 1,100 11,500
<br />Home Furnishings X X X X X 3,500 1,800 19,200
<br />Radio, TV, Electronics X X X X X 3,013 1,400 7,100
<br /> Vll
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