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General Plan Update - City of Inglewood

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Chapter 2 Community Development<br />

<strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> Retail Leakage Analysis<br />

• Table 2.3-21 presents per capita sales in the <strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> as a ratio <strong>of</strong> those in<br />

Los Angeles County in 2004. This is provided as a measure <strong>of</strong> retail leakage from<br />

the <strong>City</strong>’s market area.<br />

• As shown in Table 2.3-21, total per capita retail sales in the <strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> were<br />

approximately 30 percent lower than those in the County <strong>of</strong> Los Angeles.<br />

• Retail categories that performed better than or near par with the County <strong>of</strong> Los<br />

Angeles included <strong>General</strong> Merchandise (1.04) and Other Retail (0.95).<br />

• Retail categories that indicated high levels <strong>of</strong> leakage included Home Furnishings<br />

(0.18), Auto Dealers and Parts (0.37), and Apparel Stores (0.43).<br />

Table 2.3-21<br />

<strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> and County <strong>of</strong> Los Angeles<br />

Comparative Per Capita Taxable Sales: 2004<br />

(Constant 2005 Dollars)<br />

<strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> County <strong>of</strong> Los Angeles Leakage Factor<br />

Apparel Stores $214 $497 0.43<br />

<strong>General</strong> Merchandise Stores 1,354 1,301 1.04<br />

Food Stores 379 436 0.87<br />

Eating and Drinking Places 737 1,244 0.59<br />

Home Furnishings 75 417 0.18<br />

Building Materials 553 817 0.68<br />

Auto Dealers and parts 708 1,899 0.37<br />

Service Stations 631 911 0.69<br />

Other Retail a 1,346 1,417 0.95<br />

Total Retail 5,998 $8,939 0.67<br />

SOURCES: Stanley R. H<strong>of</strong>fman Associates, Inc.<br />

California State Board <strong>of</strong> Equalization<br />

California Department <strong>of</strong> Finance, ES-5 Population Projections<br />

a Includes liquor stores and other ancillary stores.<br />

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

• Table 2.3-22 presents the retail market inventory for the <strong>City</strong> <strong>of</strong> <strong>Inglewood</strong><br />

compiled from the 2003 Shopping Center Directory and field surveys conducted by<br />

Stanley R. H<strong>of</strong>fman Associates, Inc in April, 2006.<br />

• There are a total <strong>of</strong> 16 shopping centers identified in the <strong>City</strong> <strong>of</strong> <strong>Inglewood</strong>, not<br />

counting strip commercial and downtown commercial along major arterials.<br />

• Retail centers in <strong>Inglewood</strong> have an estimated 1,572,788 square feet <strong>of</strong> retail space.<br />

• The newest retail development within the city is located to the east and south <strong>of</strong><br />

Hollywood Park. The Hollywood Park Marketplace, The Village at Century and the<br />

Costco/Silvercreek Properties (Century Plaza) centers have a total <strong>of</strong> over 800,000<br />

square feet <strong>of</strong> retail space—50 percent <strong>of</strong> the estimated total square footage.<br />

2.3-34<br />

<strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> <strong>General</strong> <strong>Plan</strong> <strong>Update</strong> Technical Background Report

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