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'� �Y�e���ist for Evaluating Big Box Retail Projects <br />��r 31� �:=i�r ��+,���5�� c�i these data illusu'ate the great complexity, and possiblyunintended tonSe- <br />au+1$�es. ar •.�•� en[rv c�( Earge footprint discount retail into the groCery busineSS.Ta he�p prepare <br />t:ai x�� • ���or;�i afficaai to review proposed bigbox projects generally,we suggestcommunities <br />,� scernatically assess �he pos�UVe and negative local impatts of such pr�jetts. The following <br />izr.r.klise •, ��n� way c<> do so. (C proposes a systematic review ofthe impacLS on local w01'kerS, <br />-� �n�c�pal f�na�ces and on other key community issues. <br />{f ECONOMICAND EMPLOYMENT IMPACTS <br />�r� �Iri� will the new big-box outlet cut into existing local retail market share� <br />t:k �eec� c� inventory �h�e local retail base <br />� tihe;� market areas and market impacts <br />�hai Nill happen to the local workforce? <br />:y�k{; Assess smpacc on existinglocal rerail <br />�,liculate direcc impact of j�ib changes. lower wages <br />TMaicula[e Impacts of less medical coverage and other fringe benefits <br />�aic�,iace ripple impacts of lower wages on local economy (multiplier impacu� <br />�id! the new big-box outlet lead t o vacancies o r changes in local land use? <br />a�k ���,vc�nco��y vacant land and commercial properues <br />��tis�s5 rv-e•use or redevelopmentpossibilicies for competingsites <br />�I�i�dIC:IPAIL FINANCE IMPACTS <br />��� much will the new development cost your municipality? <br />�+SK S yervices and capical expenditures: Calculate cost of infrastruccure & utilities (i.e., <br />screets, sewer connections. water lines, etc.) <br />Traific and ocher servKe impaccs� <br />�alculace the cost of associated economic developmentincentives (e.g., m][ credits) <br />�.ssess -�+e �mpact of redevelopment zone tax-increment financing <br />H�w �i�r� will the new development really change local tax revenues? <br />"�° h� �ssess net changes iA local retail sales (e.g„ including sales lost to d�� new big box) <br />;al�,ukace net changes in sales and properry wx revenue <br />xamine �he scabiliry of the retail sales tax revenue over time <br />* � � . �}I'*'kh74�N I TY IM PA�Ct� <br />��i�l �Ix i�i�-�ox footprint possibly expand in the future! I n the same line ofbusiness? <br />� � �,�� ,�a��r future plans up front <br />2�T1111� f�dussry trends <br />� �� o r �xpans�on co�ungenaes <br />'rh� L?a�alixi�s will benefit from and/or be disadvantaged by the big-box development? <br />�• h • ti r� �•� -he d�fferences between local and regional impacts <br />�'.x til gains 7c the expense of losses in ocher cities! Must chese be mitigated? <br />�+�.� ..i�i �h�� new retail outlet affectyour community's quality oflife?For example, <br />—�� �� �•��}��� the appeal of a downtown core that you are trying to preserve or <br />..�, tAi.-� <br />�� ���r sta+ r xac�c�ons of competing rec,ailers <br />ti•t�.• �,pacc on exisung local rew�lers <br />,� '•. ;: '� �:• �' <br />�; .� _ , -. <br />