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Business Retention and Development Committee Agenda and Packet 2018 11 05
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Business Retention and Development Committee Agenda and Packet 2018 11 05
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3/10/2021 2:09:39 PM
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12/17/2018 3:47:24 PM
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BRADPKT 2018 11 05
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iMCCASLIN SUBAREA CONDITIONS <br />Vacancy rates <br />• rates <br />are lower than <br />surrounding <br />areas (when <br />excluding the <br />Sam's Club <br />building) <br />Vacancy <br />10% <br />9% <br />8% <br />7% <br />6% <br />5% <br />4% <br />3% <br />2% <br />1% <br />0% <br />• McCaslin Subarea <br />• Community Trade Area ■ Regional Trade Area <br />I- i <br />I r- i I <br />2010 2011 2012 2013 2014 2015 2016 2017 2018 <br />Source: CoStar2nd Quarter; Economic & PlanningSystems <br />Economic & Planning Systems I Trestle Strategy Group <br />McCaslin Area Development Study I 10 <br />MCCASLIN SUBAREA CONDITIONS <br />SALES TAX TRENDS <br />• Nearly 6 percent annual <br />growth from 2013 to 2017 <br />SalesTax <br />$6,000,000 <br />$5,000,000 <br />• Building Materials and Eating $4,000,000 <br />/ Drinking stores account for $300°°°° <br />majority of sales tax <br />generated $Z'°°°'°°° <br />• The six hotels in the subarea <br />provide nearly 15 percent of <br />sales tax generated <br />• Convenience and Shopper's <br />Goods sales driven by major <br />stores (Kohl's and Safeway) <br />$1,000,000 <br />so <br />2013 2014 <br />Source: Cityot Louisville; Economic & PlanningSystems <br />2015 <br />2016 <br />2017 <br />• Other <br />• Hotel <br />• Building Material & <br />Garden <br />• Eating & Drinking <br />• Shopper's Goods <br />• Convenience Goods <br />Economic & Planning Systems I Trestle Strategy Group McCaslin Area Development Study I 11 <br />6 <br />
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