2008 ANNUAL REPORT - Downtown Raleigh Alliance
2008 ANNUAL REPORT - Downtown Raleigh Alliance
2008 ANNUAL REPORT - Downtown Raleigh Alliance
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downtown retail MARKET<br />
There are over 280 street-level shops,<br />
restaurants, and service businesses operating<br />
in downtown <strong>Raleigh</strong>—96% are independently<br />
owned or operated. In <strong>2008</strong>, downtown<br />
realized a net gain of 26 street-level businesses.<br />
Michael J. Berne, MJB Consulting<br />
(NYC), is conducting a retail strategy and<br />
implementation program for downtown<br />
<strong>Raleigh</strong> (August <strong>2008</strong>-May 2009). The main<br />
goal of the program is to develop a retail<br />
vision to support existing retailers and engage<br />
new retailers that will strategically position<br />
downtown as a shopping destination. Key<br />
elements of the process include a market<br />
assessment, competition analysis, and<br />
stakeholder engagement to provide insight<br />
and context for the downtown submarket.<br />
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