Portland : Division Street Commercial Corridor retail market analysis
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Date
2008-01
Authors
Portland (Or.)
Midway Business Association
Portland (Or.). Bureau of Planning
Journal Title
Journal ISSN
Volume Title
Publisher
City of Portland (Or.)
Abstract
In conducting this study, specific trade areas were defined. In previous market studies a concentric circle around the mid-point of the commercial corridor was an adequate trade area, however, Division Street can be characterized as having multiple commercial
centers (nodes) versus a corridor of commercial activity with both neighborhood and community-serving functions. What this means is that the commercial activity centers around major intersections along the 52 blocks of the Division Corridor currently part of this study. Four main centers (nodes) evolve along Division and they include: the intersections of 110th, 122nd, 149th, and 162nd. A drive time analysis of five and ten minutes was conducted (see Figure 5) since the corridor can be characterized as a car-oriented suburban commercial district. While retail and commercial service businesses along the Corridor serve customers beyond the trade areas selected for this study, the majority of customers are presumed to originate within the 5-minute-drive area given the predominance
of small businesses and neighborhood retailers along the Corridor. The sales gap analysis will identify gaps in the existing business mix for the neighborhood and community trade areas and identify industries where there is a surplus of goods and services. [From the document]
Description
69 pp. Bookmarks supplied by UO. Maps, charts, tables, figures, appendices. Published January, 2008. Captured March 27, 2009.
Keywords
City planning -- Oregon -- Portland, Strategic planning -- Oregon -- Portland, Portland (Or.) -- Economic conditions, Community development -- Oregon -- Portland, Division Street (Portland, Or.)