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RECENT US-36 CORRIDOR TRENDS <br />• Housing growth driving retail development <br />• Much of this new housing is outside or on edges of Centennial Valley trade <br />area <br />2000.10 <br />Loulcalle <br />Boulder <br />,• <br />Boulder County <br />B,00mnBe County <br />00300. MR, uomnm.Ken.srwn. <br />ANCHOR RETAILERS <br />• Most of the typical larger, <br />anchor retailers are <br />already within the <br />Regional Trade Area <br />• The ones not present were <br />formerly in the Regional <br />Trade Area but left those <br />locations due to low <br />performance (e.g. Ross, <br />Sam's Club, Hobby Lobby) <br />OR as part of the chain <br />consolidations or closing <br />(Sports Authority, Great <br />Indoors) <br />MCCASLIN SUBAREA CONDITIONS <br />Vacancy rates <br />are lower than <br />surrounding <br />areas (when <br />excluding the <br />Sam's Club <br />building) <br />bare • CommunityTracle Area • Pegiorial Trade Area <br />000110 <br />RETAIL TRADE AREAS <br />ANALYSIS <br />Regional Trade Area <br />- Primary capture area for <br />retailers providing more <br />destination oriented, <br />occasional shopping. <br />Typically is a 5 to 7 mile <br />radius in size <br />Community Trade Area <br />- Primary capture area for <br />retailers providing everyday <br />shopping items, such as a <br />grocery stores <br />- Typically is a 2-mile radius in <br />size <br />MCCASLIN SUBAREA CONDITIONS <br />• The McCaslin <br />Subarea is still a <br />strong retail <br />location for <br />neighborhood / <br />community uses <br />• Rental rates are <br />higher than <br />surrounding <br />areas <br />2013 <br />2014 <br />2016 <br />�r <br />MCCASLIN SUBAREA CONDITIONS <br />SALES TAX TRENDS <br />• Nearly 6 percent annual <br />growth from 2013 to 2017 <br />• Building Materials and Eating <br />/ Drinking stores account for <br />majority of sales tax <br />generated <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 />2 <br />