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General Plan Update - City of Inglewood

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3.4 Sectoral Clustering in the <strong>City</strong> <strong>of</strong> <strong>Inglewood</strong>............................................................................ 36<br />

3.5 <strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> Compared with the Los Angeles County Economy........................................ 39<br />

CHAPTER 4 – MARKET CONDITIONS AND TRENDS ............................................................................. 40<br />

4.1 <strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> Taxable Sales: 1994 to 2004....................................................................... 40<br />

4.2 <strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> Taxable Retail Sales Trends: 1994 to 2004 .................................................. 41<br />

4.4 Comparative Taxable Retail Sales......................................................................................... 43<br />

4.5 <strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> Retail Leakage Analysis ............................................................................. 45<br />

4.6 Retail Market Inventory in the <strong>City</strong> <strong>of</strong> <strong>Inglewood</strong>...................................................................... 46<br />

4.7 Retail Market Lease and Vacancy Rates: 2006....................................................................... 46<br />

CHAPTER 5 – REAL ESTATE TRENDS.................................................................................................... 49<br />

5.1 Building Activity.................................................................................................................... 49<br />

5.2 Housing Value ..................................................................................................................... 52<br />

5.3 Multi-Family Rental Market.................................................................................................... 54<br />

CHAPTER 6– LOCATIONAL AND ECONOMIC OPPORTUNITIES .......................................................... 55<br />

6.1 Los Angeles International Airport........................................................................................... 55<br />

6.2 Tourism and Lodging........................................................................................................ 56<br />

6.3 Hollywood Park.................................................................................................................... 57<br />

6.4 The Forum .......................................................................................................................... 57<br />

6.5 Downtown ........................................................................................................................... 57<br />

APPENDIX A............................................................................................................................................... 58<br />

APPENDIX B............................................................................................................................................... 60<br />

Stanley R. H<strong>of</strong>fman Associates, Inc. ii Economic Conditions and Trends<br />

April 20, 2006<br />

<strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> <strong>General</strong> <strong>Plan</strong> <strong>Update</strong>

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