1 Orleans part i, 2-4
Transcription
1 Orleans part i, 2-4
Part Three Business District Profile and Analysis of Commercial Mix FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 1 Part Three: Business District Profile and Analysis of Commercial Mix I. Commercial District Profile A. Overview In total, the Village Center encompasses approximately 600,000 square feet of commercial and institutional space “under roof” and contains approximately 189 establishments. To put this in perspective, this is more than twice the size of Mashpee Commons and three-quarters of the size of the Cape Cod Mall. Approximately 77% of the space in the Village Center is devoted to retail and services traditionally found in commercial districts or shopping centers (including personal services, food service and professional services). A small percentage of the space (6%) is devoted to community institutional uses such as the post office, library government and a few nonprofit organizations. Manufacturing and contractors comprise approximately 3% of the space and other service businesses account for 8% (including 2 motels). There are 19 vacant commercial spaces totaling approximately 38,000 square feet. Figure 3-1. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 2 B. Business Mix Retail Personal and Professional Services Orleans Village Center contains 165 retail and service establishments. Retail businesses make up two-thirds of the retail and service portion of the Village Center. The retail mix is comprised of a strong representation of art, gifts, clothing/accessories and home improvement/home furnishings along with a smaller representation of day-to-day food and drug stores. The convenience goods stores include a small supermarket, 2 bakeries, a few other small food stores and 2 drugstores. The shoppers goods stores include: a long established general merchandise store (Snow’s Home and Garden), several clothing stores, 2 shoe stores, 5 jewelers, a large discount home accessories store (the Christmas Tree Shop), 7 other smaller home furnishings stores, several special interest stores (including 2 bike shops), 2 book stores and 2 toy stores, 3 hardware/home improvement stores, an office supply store (Staples), 6 used goods shops, 2 eyeglass shops and an auto parts store. In addition, the Village Center is home to 12 galleries that feature art and handcrafted goods along with 5 specialty/gift shops. Services comprise one-third of the retail and service portion of the Center -- restaurants occupy the largest amount of space devoted to services, followed closely by professional services and lastly personal services. The Village center has 22 restaurants. There are 11 full service restaurants (9 that serve alcohol) and 11 limited service restaurants. There are 8 seafood restaurants, 1 traditional American restaurant, a pub, pizza place, deli, hamburger restaurant, 7 cafe/coffee shops and 2 ice cream shops. (A “full service” restaurant is an establishment where customers order and pay at the table.) There are 43 professional service establishments in the Village Center including 6 major banks and 4 other financial – related businesses (accountants, planners, etc). The Village Center is home to 8 legal firms, 7 real estate companies, 3 insurance businesses and 9 other professional services, mostly architect/engineering and design firms. In addition, there are 5 health care establishments including a physical therapy center and several small medical specialties (e.g., hearing center, chiropractor, audiology, psychotherapy); there are no dentists, medical centers or general medical practitioners. There are 18 personal service establishments in the Village Center -- 13 hair, nail and skin salons, 2 dry cleaners, a tailor shop, and a couple of other services such as a travel agency and video rental. Other Establishments in Downtown The Village Center has a strong presence of community institutions and nonprofits including the Post Office, Snow Library, French Cable Station Museum, Chamber of Commerce, Town Recreation Department and others. There are two motels in the Village Center, the Governor Prence Inn (56-rooms) and the Cove (47 rooms). Other service businesses include a gym/fitness center, social club and 4 auto related services. In addition, there are 8 contractors, utilities and miscellaneous businesses located in the Village Center that likely do not generate much “walk-in’ customer traffic. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 3 C. Composition Analysis Table 3 - 1. Orleans Village Center All Businesses # of Businesses GLA (S.F.) 165 8 8 8 462,362 46,273 38,760 18,158 189 565,553 # of Businesses GLA (S.F.) Share of GLA Retail 82 307,807 67% Convenience Goods Food, Liquor Drugs, Health, Beauty Florist Shoppers Goods Apparel, Footwear, Jewelry Furniture, Home Furnishings Hobby/Special Interest Sporting Goods Gifts, Party Supply, Luggage, Trophies Hardware, Bldg. Materials, Paint Home Appliances/Computer/Music General Merchandise, Department Stores Other Retail (eyeglasses, fabric, office supply, telecom.) Used Goods Auto Related Retail 7 5 2 0 75 17 8 19 2 5 3 5 1 8 6 1 42,027 23,291 18,736 265,780 46,073 51,230 28,328 2,480 8,631 40,062 7,417 33,188 33,040 12,631 2,700 9% 5% 4% 0% 57% 10% 11% 6% 1% 2% 9% 2% 7% 7% 3% 1% Services (Food Service, Personal and Professional) 83 154,555 33% Food Service and Personal Services Restaurants and Bars Beauty, barber, nails, skin Laundry, dry cleaning Tailoring, shoe repair Printing, copying, packaging, delivery Video Rental Travel Other Personal Services Professional Services Health Care Finance, Insur, RE, Legal, Acctg Other Professional Services 40 22 13 2 1 0 1 1 0 43 5 29 9 82,458 60,691 12,377 4,602 1,288 2,500 1,000 72,097 8,488 51,231 12,378 18% 13% 3% 1% 0% 0% 1% 0% 0% 16% 2% 11% 3% 165 462,362 100% Retail and Services (incl. personal, prof. and food) Other Service Businesses Institutional Manufacturing, Construction, Misc. Total all Businesses Retail, Personal and Professional Service Total Retail and Services (Food, Personal and Prof.) * Gross Leasable Area FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 4 Other Service Businesses # of Businesses Entertainment, Fitness, Function Halls Hotels/Lodging Auto Related Service Total Other Service Businesses Institutions 2 2 4 8 # of Businesses Community/Government/Nonprofit Religion Schools/Education Hospitals/Large Health Centers/Nursing Homes Total Institutional Manufacturing, Construction, Misc. 7 1 0 0 8 # of Businesses Manufacturing Construction/Contractors Miscellaneous Communications Recycling Utilities/Heating Oil Other Total Manufacturing, Construction, Misc. Total Space Utilization 0 5 3 0 0 2 1 8 # Space Retail and Services (incl. personal, prof. and food) Other Service Businesses Institutional Manufacturing, Construction, Misc. Vacant Total 165 8 8 8 19 208 GLA (S.F.) 12,188 23,982 10,103 46,273 GLA (S.F.) 37,336 1,424 38,760 GLA (S.F.) 5,736 12,422 11,762 660 18,158 S.F. 462,362 46,273 38,760 18,158 38,401 603,954 % 77% 8% 6% 3% 6% 100% *FinePoint Associates. LLC completed the analysis based on business inventory data provided by Orleans Planning Department FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 5 D. Downtown Businesses by Type GENERAL MERCHANDISE SNOW'S HOME AND GARDEN GROCERY/FOOD STORES SUNRISE BAKERY PHOENIX FRUIT INC ORLEANS WHOLE FOOD STORE FRIENDS MARKET COTTAGE STREET BAKERY RESTAURANTS & BARS NONNIES COUNTRY KITCHEN JO MAMA'S COFFEE SHOP DUNKIN DONUTS HOT CHOCOLATE SPARROW CAPE CUP MOJO'S COFFEE HOLE IN ONE DONUT SHOP EMACK & BOLIO'S ICE CREAM ICE CREAM CAFÉ ORLEANS VILLA PIZZA THE LOST DOG DAN'S DELI WOODIE'S HAMBURGERS HOMEPORT RESTAURANT COOKE'S SEAFOOD ROSINA'S CAFÉ CAPT'N ELMER'S LOBSTER & FISH ACADEMY OCEAN GRILL SALTWATER GRILLE MAHONEY'S ATLANTIC BAR & GRILL LAND HO RESTAURANT YARDARM RESTAURANT CLOTHING AND ACCESSORIES FRANCES FRANCIS DESIGNS HC CLOTHING CORP D/B/A WATSON'S MENS MAGLEBEE'S CHANGES CLOTHING RAGG TIME, LTD BETH BISHOP IF THE SHOE FITS KAROL RICHARDSON THE RED BARN SAVVY ON MAIN SHOES WESTIES SHOE WAREHOUSE (OUTLET) GIGI'S SHOE STORE MAIN STREET GOURMET JEWELRY BILLINGSGATE FOX ARGONAUTA OCEANA STEPHEN GALLANT JEWELERS DESIGNS BY SR HOME APPLIANCES/COMPUTER/MUSIC COMPUTERS OF CAPE COD SURFSIDE SOFTWARE CORE COMPUTERS CAPE COD VACUUM MART, INC BARROSO TAUROS CO. HOBBY/SPECIAL INTEREST/SPORTING GOODS ORLEANS CYCLE, INC. ANNIE'S BOOK STOP MAIN STREET BOOKS LEE COIN & STAMP DKE ENTERPRISES LLC FOCALPOINT STUDIO, INC. IDLE TIMES BIKE SHOP, INC. RED BALLOON TOY SHOP FIVE STAR VENTURES LLC ART GALLERIES LOCAL CRAFTMEN 8 CUMMINGS RD LLC COASTAL CRAFT GALLERY GALLERY AT 31 MAIN, THE EASTWIND GALLERY SALTWORKS FINE ARTS ADDISON ART GALLERY JEEPERS TREE'S PLACE, INC DOUG JOHNSON GALLERY LEFT BANK ART GALLERY THE BLUE BOAT GALLERY ROWLEY ART GALLERY GIFTS/SPECILATY/FLORIST YAK ARTS THE BASEBALL SHOP HONEY CANDLE CO. GOTLAND HORSE/MOPPET SHOP PLEASANT BAY TRADING COMPANY HOME FURNISHINGS CONTINUUM ANTIQUES CAPE COD INTERIORS INC CARPETS OF CAPE COD & MORE CARDI'S FURNITURE GLADSTONE FURNITURE CHRISTMAS TREE SHOP LIGHTING SHOWROOM FinePoint Associates, LLC, Peg Barringer, [email protected] BUILDING MATERIALS/HARDWARE MID CAPE HOME CENTERS SHERWIN WILLIAMS PAINT TRUE VALUE HARDWARE DRUGS, HEALTH & BEAUTY CVS PHARMACY RITE AID PHARMACY AUTOMOTIVE RETAIL ORLEANS AUTO SUPPLY OTHER RETAIL AND USED GOODS KID & KABOODLE THE THRIFT SHOP CLOTHES DEN VINTAGE IN VOGUE THRIFT SHOP LOCAL COLOR RESALE BOUTIQUE ORLEANS OPTICAL CIACCO OPTOMETRIST MURRAY'S FABRICS STAPLES THE OFFICE SUPERSTORE MAC REED'S BAIT & TACKLE THE HOOK-UP! ADLUMIA CAPE RENTAL WORLD PERSONAL CARE/SALON OFF THE TOP RAMZI BARBER SHOP MR. KEN'S BARBER SHOP HEAVEN SCENT YOU DONNA MARIE COIFFURES HAIR DESIGN SALON NEW YORK HAIR CO. WELSTAR, LLC LIFE CENTER Page 3 - 6 IMAGE MAKERS, HAIR & TANNING COASTAL CUTS HAIR SALON FANCY NAILS ELEGANT NAILS LAUNDRY, CLEANING, TAILOR, SHOE REPAIR PERFECT FIT TAILORS 1ST CHOICE DRYCLEANERS PRESTIGE DRY CLEANERS OTHER PERSONAL SERVICES TRAVEL SPECIALISTS CLOUD 9 MOVIE RENTALS AUTO RELATED SERVICES BILL'S SUNOCO LOWER CAPE REPAIR, INC. D/B/A FRANK'S CITGO EXXONMOBIL D/B/A MOBIL #17321 CUMBERLAND FARMS #2352 ENTERTAINMENT, FITNESS, FUNCTIONS NAUSET NEWCOMERS, INC. WILLY'S GYM FINANCE, INSUR, R.E., LEGAL, ACCTG CITIZEN'S BANK TRUTH IN LENDING AUDIT AND RECOVERY SERVICES LLC. BANK OF AMERICA TD BANKNORTH SOVEREIGN BANK EASTERN MORTGAGE ROCKLAND TRUST CO INVESTMENT CAPITAL MORTGAGE, L.L.C. WHITE OAK TAX SERVICES, D/B/A H & R BLOCK CAPE COD FIVE CENTS SAVINGS BANK, INC ROGERS AND GRAY INSURANCE AGENCY CHAGNON INSURANCE NICHOLAS PANGAKIS INSURANCE MCCORMICK & MCCORMICK ORLEANS LEGAL ASSOCIATES STACIE HIGGINS LAW OFFICES PLUMB FREDERICK K LARAJA & KANAGA PC SHIRLEY LOTUFF LAW OFFICES GUZZEAU LAW OFFICES HALLISEY JOHN SHEPHERD HENRY L UNIQUE PROPERTIES REAL ESTATE, INC. WILLIAM RAVEIS REAL ESTATE KINLIN GROVER REAL ESTATE YOUR REAL ESTATE OFFICE, INC REMAX REAL ESTATE PERRY'S PROFESSIONAL SERVICES CAPE REAL ESTATE REMODELING SPORTFISHING CHARTERS SNOW'S FUEL OIL & LP GAS BELL ATLANTIC TELEPHONE CO. HEALTH CARE ORLEANS PSYCHOTHERAPY ASSOCIATES DEVEUVE CHIROPRACTIC MASS AUDIOLOGY HEARING CENTER OF CAPE COD RHCI REHABILITATION CENTER OTHER PROFESSIONAL SERVICES EAST CAPE ENGINEERING ARCHITECTURAL DESIGN INC. SURROUNDINGS, INC ALINE ARCHITECTS GREEN EARTH BLUE WATERS RE-CREATIONS INTERIOR DESIGN CONNECTED, INC BACK OFFICE CONKLIN & DEDECKER COMMUNITY, GOV., NONPROFITS, INSTITUTIONS ORLEANS SNOW LIBRARY ORLEANS POST OFFICE ORLEANS CHAMBER OF COMMERCE FRENCH CABLE STATION MUSEUM ORLEANS TOWN RECREATION DEPARTMENT BIG BROTHERS BIG SISTERS LOWER CAPE OUTREACH COUNCIL ORLEANS CHURCH BUILDING FOUNDATION OTHER BUSINESSES GOVERNOR PRENCE MOTEL THE COVE (MOTEL) HOMES BY SISSON, INC REYBURN ASSOCIATES BUILDER VON THADEN BUILDERS, INC. LEESIDE CONSTRUCTION CO INC MIKE SMITH BUILDER & FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 7 E. Business Clusters and Linkages The presence of significant linkages between businesses is an important aspect of a good business mix. This should be considered when exploring opportunities for new businesses. Identifying existing business linkages and clusters that already exist in a commercial district can reveal existing customer patterns as well as point to potential opportunities for new related businesses. In addition, when creating a plan to recruit new businesses, sometimes it is necessary to attempt to recruit several types of “linked” business at the same time (e.g. cluster of restaurants, several women’s apparel and accessory shops, several home furnishing stores, etc.) Sometimes businesses are linked because they provide crossover-shopping opportunities for customers. In other words, a customer might be likely to patronize several of the businesses in a cluster in order to purchase related goods or services (e.g. shoes and clothing) or to complete several transactions during the same shopping trip (e.g. bank, post office, drugstore). Or, the businesses might be linked because they serve similar market segments, customers with common characteristics (i.e., interests, needs, tastes, lifestyles, buying behavior). Business can also be linked because they provide comparative shopping opportunities. In this case, a grouping of businesses can attract more customers than a single business because the consumer can explore a greater variety of options in the same shopping trip and because an area sometimes gets known for offering a certain type of good or service. The business district appears to have several business clusters including the following. Market Segment Clusters • • • Tourists and Seasonal Visitors/Residents Health & Environment Conscious Consumers Grandparents, Children & Families Crossover/Comparative Clusters • • • • • • • Restaurants & Entertainment Specialty Foods Women’s Clothing & Accessories Art Galleries & Gift Shops Home Improvement & Furnishings Recreation/Sporting/Biking Healthcare The following table highlights many of the clusters in the district along with some examples of business types that might be able to feed off the customer traffic and complement/expand the clusters. The table is presented in two parts -- part one lists market segment clusters and part 2 includes crossover and comparative cluster. The table is intended to be illustrative, not an exhaustive list of clusters or opportunities. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3-8 Table 3 – 2 (Part 1). Existing Market Segment Clusters Tourists & Seasonal Visitors/Residents 2 motels Many restaurants Art galleries and gift stores Novelty discount store (Christmas Tree Shop) Shoe Outlet Women's clothing & accessories Health & Environment Conscious Consumers Adlumia (eco friendly home & personal products) Orleans Whole Food Farmers Market Phoenix Fruit Willy's Gym Grandparents/Children & Families 2 toys shops Gotland Horse and Moppet Shop 2 ice cream shops 2 Book stores Willy's Gym Potential Complementary Business Opportunities Entertainment (e.g., movies, performance theatre, etc.) Attractions, museums Cultural art center/community center Additional restaurants, galleries & specialty shops Earth-friendly/ "Green" products/services Healthy food restaurant/organic, Vegetarian restaurant Organic products, recycled products Yoga studio, Pilates studio Fruit Smoothies/Frozen Yogurt Shop, Berry Freeze/Pinkberry Eco-friendly fashions, organic cotton, etc. Candy shop Children’s clothing Science/education toy/game store FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 9 Table 3 – 2 (Part Two) Existing Comparative/Crossover Clusters Restaurants & Entertainment Several restaurants, many coffee shops, ice cream shops "Browsing Retail" -- art galleries, jewelry, gift shops, book stores French Cable Station Museum Potential Complementary Business Opportunities Restaurants/venues with live music Additional restaurants especially types not represented (e.g., Mexican/Taqueria/Burrito, Thai, Sushi, Mediterranean, Tapas, Wine Bar, healthoriented/organic) Outdoor/sidewalk dining Entertainment (movies, performance theatre, etc.) Attractions, museums Events (e.g. Festivals, First Friday) Specialty Foods Orleans Whole Food Candy shop 2 bakeries Main Street Gourmet (local jams, sauces, gourmet foods, wine, etc.) Women's Clothing & Accessories Several women's clothing stores 2 shoe stores Several jewelry Stores Jewelry & fashions at galleries (e.g., Left Bank) Art/Craft Galleries and Gift Shops 12 art/craft galleries - paintings, sculpture, tiles, wearable art, jewelry, furnishings Baseball Shop, Yak Arts Oceana Home Improvement & Home Furnishings Snow's Home & Garden 2 hardware stores, Mid Cape Home Center Several interior designers, architects and contractors Curtains store, floor coverings store, lighting store 2 furniture stores, antique store, home accessories Many galleries with paintings, sculpture, home accents Day Spa, Massage, Medi-Spa Additional women's fashions & accessories Beauty supply/Cosmetics/Hair products Yoga studio, Pilates studio Wearable art – jewelry, scarves, clothing Affordable luxury, high quality small purchases Bath soaps, lingerie, linens Home accessories/accents Eco-friendly products for the home Antiques Linens, luxury bed & bath Pottery/dishware Recreation/Sporting/Biking Goods 2 Bike Shops Bait & Tackle Shop Sporting goods/sporting apparel Water sports related, golf related Health Care Rehab Center, Chiropractor, Psychotherapy, Optometrist 2 drugstores Additional healthcare services (especially seniororiented) Dentist FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 10 II. Analysis of Business Mix Compared to Other Commercial Centers A. Shopping Center Typology and Comparison One way to analyze a business district is to examine its size and tenant mix and then compare this data to information we can obtain about successful shopping centers of comparable size. In this section, we are only analyzing the retail and service portion of the business district; we are not including institutional uses (community, government, etc.). To begin, it is helpful to identify the type of center that the business district most closely resembles. The Urban Land Institute distinguishes several types of shopping centers as illustrated below. Type of Shopping Centers3 Type of Center Convenience Approximate Size (sq. ft.) < 30,000 Neighborhood 30,000 – 100,000 Community 100,000 – 500,000 or more Power Center 250,000 1,000,000 Regional 300,000 – 1,000,000 Super Regional 500,000 – 1,500,000 Tenant Types Population Support Personal services (beauty, laundry) & convenience goods (food, drugs), possible mini market anchor Personal services and convenience goods for day to day needs; often dry cleaning, beauty shops, small restaurants and take-outs In addition to personal services & convenience goods, wider range of soft lines (apparel) and hard lines (appliance, furnishings). Often has discount department/variety store or super drug in addition to supermarket. No full department store, but may have strong specialty stores. A Super Community Center is over 250,000 sq. ft. Community Center that contains ≥4 categoryspecific, off-price anchors of 20,000 sq. ft. or more; typically electronics, sporting goods, home improvement, furnishings, etc. General merchandise, apparel, furnishings. Indepth variety of retail, services and recreation facilities, may have 1 – 2 department stores Extensive variety of general merchandise, apparel, furnishings, services & recreation facilities. 3 or more department stores. 3,000 – 40,000 40,000 – 150,000 150,000 + 300,000+ The type of center that Orleans Village Center most closely resembles is a Community Shopping Center, or more specifically a Super Community Center. The following section of this report compares the tenant mix to a typical community shopping center. It should be noted that the Village Center is unique in that it serves a visitor/seasonal population along with year round residents (and many of the businesses are not open year round), however, we have compared it to typical shopping centers and national averages as there is no specific database available for seasonal shopping centers. 3 Dollars and Cents of Shopping Centers: 2008, Urban Land Institute, Washington, DC 2008 FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 11 B. Mix of Convenience Goods, Comparison Goods and Services To start, we can compare the Village Center to typical community shopping centers by reviewing the broad categories of convenience goods, shoppers goods and services. Definitions for these terms are provided below. Convenience Goods: Goods that are needed frequently and therefore purchased where it is most convenient -- goods that people buy often and don’t travel far to acquire (e.g., food, drugs, health and beauty aids. People purchase near home, work or temporary residence when traveling. Shoppers Goods: Goods which consumers are willing to spend more effort to acquire and typically involve comparison shopping. (e.g. clothing, furniture, electronics, sporting goods, etc.) Personal Services: Services required on a frequent basis and acquired where it is most convenient (e.g. dry cleaners, beauty/barber/nail salon, etc.) People purchase near home, work or temporary residence when traveling. Professional Services: Services such as financial, insurance, legal, medical, dental, etc. As the following chart indicates, the Village Center has a strong concentration of retailers. The fairly high percentage of retailers (two-thirds of the retail & service business) compares favorably with many other downtowns although the percentage of retail in the Village Center is still somewhat lower than the national average for shopping centers. Conversely, when compared to typical shopping centers, the Village Center contains a higher percentage of professional service businesses. This would be expected to some degree, as central business districts often contain more services than other commercial shopping centers. The Village Center has a large proportion of shoppers goods (approximately 57%) which bodes well for its ability to attract and retain customers. The Village Center compares favorably with other commercial centers in this regard. Establishments that sell shoppers goods are particularly important as they tend to draw customers into the area from greater distances and expand the trade area for other businesses in the district. Customers often go to an area to purchase shoppers goods and, while there, also buy convenience goods and services. The depth of shoppers good offerings is tied to the center’s ability to maintain its customer base and generate crossover shopping patronage for other businesses. The strong concentration of shoppers goods should be maintained to help ensure long term vitality of the Village Center. On the other hand, the Village Center has a smaller proportion of convenience goods. The Village Center is composed of only about 9% convenience goods compared to a national average among community centers of around one-third. There are only a few small food stores in the Village Center and no liquor store (although Friends Market and the Main Street Gourmet sells wine). Much of the demand for convenience good shopping is being addressed by businesses located outside of the Village Center. There are two large supermarkets located in shopping plazas at either end of Town that attract a strong regular draw of customers seeking day-to-day needs. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 12 Figure 3 - 2. C. Tenant Category Comparison The following chart shows the current mix of businesses in the Village Center compared to typical community shopping centers. By comparison, the categories that appear most under-represented in the Village Center are: • • • General merchandise Food Clothing and accessories FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 13 Figure 3 - 3. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 14 D. Comparison of Most Frequently Found Tenants The chart below contains a list of the most frequently found tenants in U.S. Community Shopping Centers and illustrates the extent to which these types of businesses are present in the business district. The Village Center contains most of the tenant types most frequently found in Community Centers with a few exceptions including: telephone store, general electronics store, Chinese and Mexican quick food restaurants. Table 3 - 3. Most Frequently Found Tenants in U.S. Community Shopping Centers Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Business Type Restaurant with liquor Supermarket Medical and dental Nail salon Unisex hair salon Women's ready-to-wear Bank Cosmetics/beauty supplies Family shoes Sandwich shop Telephone/Telecom store Restaurant without liquor Pizza Dollar store/novelties Dry Cleaner Electronics - general Furniture Chinese Fast Food Women's specialty Mexican Fast Food Present in Business District Yes 1 small supermarket (Friends) Yes Yes Yes Yes Yes No, but has 2 drug stores & salons Yes Yes No Yes Yes Similar (Christmas Tree Shop) Yes No, but has computer store Yes No Yes No E. Comparison with Other Downtowns For analysis purposes, it can also be useful to compare the business district being studied with other similar downtowns. The following table compares the mix of businesses in Orleans with 2 other Downtowns – Amesbury and Pittsfield. These Downtowns are not being presented as ideal models, but are simply being used for comparison because they have common characteristics to Orleans. Both Pittsfield and Amesbury are similar in size to Orleans (based on number of businesses) and have a strong concentration of arts and culture uses. Pittsfield, similar to Orleans, serves a seasonal visitor/second homeowner population along with year round residents. Compared to the other Downtowns , the Village Center appears under-represented in the following categories • Entertainment and Fitness Centers • Healthcare • Personal Services FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 15 Table 3 - 4. Business Mix Comparison with Other Downtowns Business Type General Merchandise Food Food Service/Bars Café/Coffe Shops Ice Cream/Yogurt Other Restaurants New Clothing and Accessories Shoes Home Furnishings Retail Home Appliances/Computer/Music Home Appliances Computers/Software Music Building Materials/Hardware Automotive Retail Hobby/Special Interest/Sporting Gds Art Books/Comics Collectibles Photography/Film Toys Sporting Goods Gifts/Specilaty/Florist Gifts Party Goods Luggage Trophies Florists Jewelry Liquour Drugs, Health & Beauty Other Retail and Used Goods Fabric/Sewing Office Supplies Pet Sales/Supply Beepers/Cellular Eyeglasses-Optician Other-Retail Used Goods Personal Services Entertainment, Fitness, Function Halls Financial/Insur/Real Estate Other Offices/Health Care/Prof. Serv. Health Care Other Professional Services Total Downtown Orleans Pittsfield (1st Village Center Flr. Only) Orleans Village Center Downtown Amesbury # # # 1 5 22 7 2 13 10 2 8 5 1 3 1 3 1 21 12 2 1 2 2 2 5 5 0 0 0 0 5 0 2 14 1 1 0 0 2 4 6 18 2 29 14 5 9 169 0 3 17 1 1 14 3 1 7 2 1 1 0 1 0 10 2 0 0 6 2 0 2 1 0 0 0 1 3 0 1 7 0 1 0 1 2 3 0 27 14 31 25 15 10 154 1 5 33 9 2 21 6 2 9 4 1 1 2 1 5 12 6 1 0 0 0 5 2 1 0 0 1 0 1 1 3 11 1 4 0 1 0 2 3 28 7 24 25 21 4 185 Share of Sq. Ft. 7% 5% 13% 3% 1% 9% 5% 3% 11% 2% 1% 1% 0% 8% 1% 6% 4% 1% 0% 0% 1% 1% 2% 2% 0% 0% 0% 0% 1% 0% 4% 10% 1% 5% 0% 0% 0% 1% 3% 5% 3% 11% 4% 2% 3% 100% Downtown Amesbury Downtown Pittsfield (1st Flr. Only) Share of Sq. Share of Sq. Ft. Ft. 0% 1% 4% 10% 16% 10% 2% 1% 0% 0% 14% 8% 2% 2% 0% 1% 4% 7% 1% 1% 0% 0% 0% 1% 0% 0% 6% 4% 0% 4% 5% 4% 1% 1% 0% 0% 0% 0% 0% 0% 2% 0% 0% 3% 1% 1% 1% 0% 0% 0% 0% 0% 0% 0% 0% 0% 1% 0% 0% 1% 0% 4% 3% 5% 0% 0% 1% 3% 0% 0% 0% 0% 1% 0% 1% 0% 0% 1% 14% 8% 11% 8% 21% 14% 11% 13% 6% 12% 5% 1% 100% 100% * Percentages differ slightly from Composition Analysis Table because this tables includes entertainment /fitness and function halls. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 3 - 16 Part Four Business Survey FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-1 Part Four: Business Survey I. Survey Overview In June 2010, businesses in the Village Center were invited to participate in a survey. The purpose of the survey was to obtain information about business conditions and to get input from stakeholders regarding actions that could be taken to help ensure the long-term viability of the Village Center. Approximately 35% of the retail and service businesses responded to the survey. In all, 59 businesses responded. As illustrated in the following chart, based upon business type, the survey respondents are very representative of the Village Center. The vast majority of respondents (82%) represent independently owned business owners. 9% represent local chains and 9% represent other business types. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-2 II. Survey Results Importance of Visitor/Seasonal Resident Market The visitor market is vitally important to many businesses. About 2/3 of the businesses reported that they receive more that 30% of their sales from visitors/seasonal homeowners. Indeed, 40% of the businesses rely on this market segment for more than 40% of their sales. All of the art galleries rely on seasonal visitors for more than 40% of their sales. 63% of the restaurants and 38% of the retailers rely on seasonal visitors for more than 40% of their sales. 17% of respondents receive ≤ 20% of their sales from seasonal visitors (all are service businesses). FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-3 Change in Customer Count Business Conditions vary – some businesses have seen an increase in customers while for slightly more than half of the businesses, customer count has stayed the same or decreased. Approximately 1/3 of the businesses reported an increase in customer volume over the last 3 years. Customer counts have decreased for about 1/4 of the businesses and stayed about the same for another 1/4. (The balance of respondents have been in business less than 3 years.) While some retailers, restaurants and service businesses have experienced an increase in customers, none of the art galleries reported an increase. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-4 Customer Counts Customer counts vary widely in the Village Center. During the Summer Season, about 1/3 of the businesses attract more than 1,000 customers per week (in fact 20% attract more than 3,000 customers). On the other hand, around 1/3 of the businesses attract less than 100 customers per week. In the off-season, close to1/2 of the business attract less than 100 per week. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-5 In general, more of the restaurants and retailers are large customer draws while the service businesses tend to have lower customer volume. However, customer count varies widely even among the retailers and restaurants. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-6 Internet Presence and E-Commerce Over 80% of the businesses in the Village Center have websites. Approximately 30% of the businesses sell over the Internet. 4% of the businesses generate more than 20% of their sales through e-commerce. 8% generate between 6% and 20% of their sales through e-commerce and 27% generate less than 5% through Internet sales. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-7 Impact of Events on Businesses Special events have had a positive impact for some Village Center businesses (but not the majority). The Christmas in Orleans and Fourth of July Festivities have had the most positive impact with close to 40% of the businesses reporting a moderate or significant positive impact. 20 – 25% of the businesses indicated that Firebirds Baseball, Pops in the Park and the Main Street Block Party have had a moderate or significant positive impact on their business. Less than 20% of the business owners reported a positive impact from Craft Fairs, Coast to Coast Bike Tour, Marine Corps Concerts and Lower Cape Expo. Two businesses also mentioned that the August Sidewalk Sales (not presented in the question) had a positive impact. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-8 Importance of Design, Streetscape, Parking & Transportation Improvements Close to 50% of the respondents rated the following activities to be “very important”. • Improve sidewalks and street furniture • Create pedestrian/bike connection between Cove Road and Main Street Other activities that received an average rating of “somewhat” to “very important” include: • Create more parking in Village Center • Provide financing assistance for storefront/façade improvement FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-9 Importance of Business Recruitment, Promotion, Events and Other Activities More than 50% of the respondents rated the following activities to be “very important” • Encourage more year round residents to shop in the Village Center • Attract more visitors & seasonal residents • Coordinate cooperative marketing campaign & promotion • Develop a "Buy Local" Campaign Other activities that received an average rating of “somewhat” to “very important” include: • Continued access to free wireless Internet • Create an organization/entity dedicated to improving success of the Village Center • Create more special events & cultural festivals • Recruit new retail businesses & restaurants to the Village Center • Recruit more arts & cultural organizations/venues • Coordinate open studio/gallery tour event • Expand farmers market FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-10 Magnet Functions More than 1/2 of the respondents indicated that they would be in favor of a Movie House or Museum to make the Village Center more attractive to customers. Pedestrian and Bike-Friendly Improvements Over three-quarters of the businesses reported that making the Village Center more walkable and bike-friendly would increase their sales. 37% indicated these types of improvements would “substantially increase sales” and 39% stated they would “moderately increase sales”. Advantages and Disadvantages of a Business Location in the Village Center Most frequently cited advantages: central, highly visible location, nearby other businesses and services such as post office and library, and foot traffic. Most frequently cited disadvantages: lack of parking (most frequent), traffic congestion and poor walking access/environment. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-11 Types of New Businesses Desired in the Village Center Several respondents were clear about wanting more retail in the Village Center -- more places to shop as opposed to services. One respondent said: “Tying up retail space for services deflates the walking shopability of the VC.” The most frequently mentioned desirable businesses include: movie theater, sidewalk cafes/outdoor dining, candy shop, antique shops and community center/cultural art center. Several people made comments about wanting small retail shops, unique, “one of a kind” shops and specialty stores. Comments about Potential Village Center Improvements Many people made suggestions about what could be done to improve the Village Center. Several people said that the Town should be more consumer-friendly and business –friendly (including regulations and business assistance). Several respondents offered ideas for coordinated promotional activities and events to attract customers ranging from developing a website business directory to a Car Show and Holliday Cookie Stroll. Many respondents stressed the importance of creating an aesthetically pleasing and more pedestrian-friendly environment (e.g., sidewalk improvements, cross walks, streetscape, benches, flowers, gas lights, etc.) A few people mentioned the need to resolve parking issues. One person suggested a Trolley and another suggested expansion of public parking behind Gotland and Ragg Time. A couple of people mention the need to expedite the Town water and sewer project. One business owner volunteered to help with developing a long term vision for the Village Center. Respondents made the following comments. • • • • • • • • • • • • • 6A/Main St. is a barrier. Dangerous and death defying to cross. Light changes after ones first step. What are the rules? A semi annual car show might draw some people.. An Orleans Village Center Web Site/Page listing the names & locations of the Business to help customers plan ahead. This would be a great place to list "special events" happening in Town. Better looking side walks... Flowers!!! Change Main street to make it more "consumer friendly." Add decorative street lighting, encourage merchants to stay open later, plan activities for the Main Street area. Have a block party every weekend or weekdays in July and August. Define the village center boundaries/geographically; keep on with the project until completion DON'T run events in town during peak times. We have asked for many years NOT to have 4th of July parade on Saturday. It KILLS business for the entire day and stops retail for 3 to 4 hours. Many of our businesses do not want to support a town or the Chamber if this continues. Expedite the town water and sewage project Fund any outcomes of this planning process to actual make the changes Gas lights, brick side walks, open later establishments. Gas street lights Gimmicks don't work. Owners of the run down buildings should have a little pride and take care of their properties. Lower rents will bring business to town. Neither of these things can be rectified by a survey. Enforce the existing sign code. Great work! Keep going Orleans needs this! FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-12 • • • • • • • • • • • • • • • • • I don't think we should be too hard on ourselves. . . we are a seasonal community and we just need to get through eight weeks of craziness. You can't please everybody all the time. I think closing down portions of the street and making it more walker friendly would increase business. Improve landscaping; flowers in season Keep up the good efforts Major issue is to get a better parking area-connect to Middle School or something. Have the storefront at the sidewalk and not behind a parking area. Make it a walking village with a painted line on sidewalk business to business, especially Rt 6A Orleans Mixed use development that includes housing/apartments. Wish you could get rid of the gas stations... Monthly events that incorporate the whole town would encourage more people to come. Events that may also entail food & spirits. Also if the transportation center idea (listed above) is done so that it encourages local access giving people the ability to easily get from one side of town to the other for year-rounders and local seasonal/week renters. Please note that the idea was left blank in the multiple choice above to emphasize that how it is done is the key to whether it is a good improvement or bad improvement to the town. More benches, umbrellas, "theme" festivals. More of the businesses offering outside sales and promotions that would bring the outside shopping flavor to the downtown. Advertise Orleans and the VC, make a commercial about what Orleans and the VC has to offer to bring more attraction to the town. They are not going to come to us unless they are asked to come. There is a lot that is available and there are many businesses that are doing well despite the economic times. We are competing with other towns for this additional market share. We need businesses that can draw visitors into our market that are good operators and are open year round Much more residential in town. Building a community starts with people living and walking to serve their needs. GOT TO HAVE TOWN SEPTIC. This will enable to build out for more affordable housing in town. Municipal parking expansion, for example behind the Gotland Horse/Ragtime building on Main Street would be great. The WORST IDEA by far (not that you asked) would be to prohibit cars from Main Street to convert it to a pedestrian zone. I've seen it mentioned by the Planning Board, but it would be devastating to Village Center businesses. Also, even though I've only received one link to this survey, I own two businesses on Main Street. Thanks!! Need to direct more traffic into downtown. Need to include those business's on 6A in the downtown core. A couple crosswalks on 6A would be great. Improved sidewalks on 6A Need to help every business grow. Provide consultant network. I am working on this with the Cape Cod Chamber now. Need to have business growth friendly regulations. Consider longterm plan to develop the right mix of stores in VC with close parking and encourage walking, develop a mini Mashpee Commons approach rather then using up space for residential living. If Mid-Cape is sold then develop a mixed use retail and relocate the right mix of businesses now outside of VC. More outside cafes, seating areas, musical events. I would like to help with long-term vision. Sid Snow No additional regulations. Encouraging people to do something does not work. Relax parking restrictions. Parking is an issue. Businesses working as a group. Place a very high emphasis on tasteful aesthetics!!! Flower pots, lighting, graphics, etc. More important than sign dimensions, etc. You only get to make a first impression once. FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-13 • Regarding #17. Making the center bike friendly is more of a safety issue, as visitors on bikes do not carry a wallet for spending. Walkers do. Bikers might pop in but do not purchase for lack of being able to carry parcels, and lack of $ on them while biking. An Idea For The Holidays: VC businesses get together and select a weekend after Thanksgiving for a cookie stroll. Each business offers 1 type of Holiday cookie for sampling AND the recipe. Make it so that strollers collect the recipe cards and if they collect a card from each participant, they are entitled to % off at any 1 of the shops. This way they get to see/visit all the shops and in the end get a "reward" %off at 1 of the shops. Brings the merchants together and the patrons to stroll all around town. • • • • • • • • Idea #2: A trolley like the Chatham Bars Inn. The Orleans Visitor Trolley would circulate throughout the VC and outskirts of the center and continuously pick up and drop off people from 10am to 5pm during July and August only. This would be great to get people in & out of shops and restaurants all day long. Parking and pick up points could be better utilizing the parking lots of Staples plaza, the lot behind Westies, Stop & Shop and Shaws lots. Trolley signs could be made for designated areas in the lots and publicized through the chamber maps etc... Merchants could help sponsor the trolley for a week. This could also work well for when the galleries have opening nights. Visitors could easily get from one gallery to the next. This could be paid for by the participating galleries. The primary business organization, the Chamber of Commerce, has not exhibited the marketing skills or desire to improve business in Orleans. The town is not business friendly at all--to much interference by town depts. (esp. board of health)--with too much time and personnel and not enough to do except to micro manage The village center should have more of a park feel with paths that connect different areas and parking lots. cafe style dining should be encouraged and the fact Main St. can be closed down with out interrupting traffic flow in the town should be capitalized on. Town should offer financial assistance in the betterment of the currently available parking lots. Transportation to cross town on Main St between Nauset Beach and Rock Harbor to capitalize on our beaches!!! Trash bins- there are barely any in the center Try to make it more cohesive and user friendly for shoppers and diners...it's very disjointed We seem to be unfriendly that's what I hear. Tourist is a four letter word unless you own a biz. We love when it becomes a circus obnoxious or not its $$$ FinePoint Associates, LLC, Peg Barringer, [email protected] Page 4-14