Date post: | 21-Nov-2014 |
Category: |
News & Politics |
Upload: | fairfax-county |
View: | 981 times |
Download: | 5 times |
DC Vibrant Streets Toolkit:Overview and Applicability to
Fairfax Revitalization
October 22, 2012
BEGINNINGS…
MARKET ANALYSIS PLANNING BRANDING BROKERAGE INTERIORS ARCHITECTURE
process
DEFINED
VIBRANT STREET (adj + noun):
A neighborhood’s core. A retail environment that is treasured by its residents, customers and retailers whose daily actions ensure its enduring vitality.
ANALYSIS
Small-Scale Shopping StreetsCarytown • Richmond, VA
North Market Street • Frederick, MD
Main Street • Manayunk, PA
Charles Street • Boston, MA
Oak Street • Chicago, IL
Madison Park • Seattle, WA
Bethesda Row • Bethesda, MD
East Davis Street • Culpeper, VA
O’Donnell Square • Baltimore, MD
Atlantic Avenue • Brooklyn, NY
ANALYSIS
Destination Streets
Walnut Street • Philadelphia, PA
Newbury Street • Boston, MA
North Michigan Avenue • Chicago, IL
Third Street Promenade • Santa Monica, CA
Champs-Elysees • Paris, France
Omotesando Dori • Tokyo, Japan
DATA COLLECTION
Year Established
Avg Sidewalk Width
# of Blocks in Length
Public Open Space?
Streetscape Design
Located within a BID
Supported by an Assoc./Org.
Within an Historic Dist.?
Underground Utilities?
Residential Population
Median Household Inc
Daytime Population
Average Retail Rents
Condition of Ownership?
Retail Vacancy Rate
Mix of Retailers
Locals : Nationals
Civic /Cultural Anchor
Average Daily Traffic Count
walkscore
Vehicles per HH
# of Bus Routes
Subway/LR/ Streetcar Stop
Parking Facilities
FINDINGS
• 100% have an active and unifying management/representation structure.• Population, income, and employment data alone
did not ensure retail success.• Traffic counts had a “sweet spot”: 10k – 16k AADT• Small shopping streets: Avg retail rent = $18/sf;
Destination streets: Avg retail rent = $120/sf.• 100% have underground power lines.
PROCESS DIAGRAM
education
retail decision-making trees:regional home decor
Example Neighborhoods
Population: 35,000 + within 3 miles
Avg HH Inc:$50k+ within 3 miles
Min. Education:College
Competitive Environm’t:Low to Moderate
Appropriate SiteAvailable
1 2 3
39k 52k 16k
$63k
Grad College
HighLow
$83k
4,000 sf signed
retail decision-making trees:national nail salon
Example Neighborhoods
Population: 5,000+ within 1 mile
Avg Household Income:$25,000+
Daytime Population:10,000+ within ¼ mile
Competitive Environment:High
Appropriate SiteAvailable
1 2 3
32k 17k
$45k
9k 11k
High
$38k
1,200 sf signed
8k
High
1,800 sf signed
1,000 sf signed
18k
High
$82k
retail decision-making trees:regional organic grocery store
Example Neighborhoods
Population: 10,000+ within 1.5 miles
Avg Household Income:$45,000+
Traffic Count:12,500 AADT+
Applicable Incentives:Priority Development Area
Appropriate SiteAvailable
1 2 3
30k 18k
$85k
14k
$62k
27k
6,500 sf signed
22k
Yes
$44k
7k
No
MARKET DIAGNOSTIC
Neighborhood Goods & Services
Food & Beverage
General Merchandise, Apparel, Furnishings & Other
RESOURCE ALLOCATION
implementation
VISION
We want to give every neighborhood the necessary tools to create a Vibrant Street of their own, regardless of population, ethnic composition, location, income, or budget.
WEBSITE
WEBINAR SERIES
• Series• Guest experts• FREE• Market Analysis and
Neighborhood Broker Training $$$• All webinars available for
download on our website
PARTICIPANTS COME FROM…
To-date, 260 participants from 190 cities, suburbs, towns, and villages.
ON-GOING RESEARCH
• Areas in most need are the suburbs.• Not all suburbs are alike!
Vibrant Streets offers tools for 4 community typologies: incl. suburban and urban-suburban.• Vibrant Streets™ Toolkit to
be released next spring.
urban
suburban
rural
LEARNING LAB (April 29-30, 2013)
• Hands-on training. How to grow a great retail environment “from the grassroots up.”
• Developers, retailers, economic development experts, planners, market analysts.
• A new way of thinking about street retail.
• Everyone leaves with a “do this NOW!” list.
Herndon
Centreville
McLean
Annandale
VIBRANCY for FAIRFAX CO.
Fairfax
Tysons Corner, 2050
VIBRANCY for FAIRFAX CO.
Today, a vibrant retail center:1. Is driven by “experience,” perhaps
even more than commerce;
2. Impacts home purchasing decisions;
3. Creates community identity (+/-);
4. Is considered a RIGHT, not a privilege.
5. Establishes common ground, and allows stakeholders to become invested in one another.
QUESTIONS?