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!' WARREN & ASSOCIATES
<br />3. Determining the Planning Area's sales for 2015 and 2020. Since sales inflow from non -
<br />Planning Area residents, including those who work there, is measured for a specific
<br />location, no net inflow has been applied to this forecast.
<br />4. Converting retail sales to square feet based on sales per square feet data by type of retail.
<br />Based on this method, the Planning Area currently has an estimated retail demand of nearly
<br />850,000 square feet (Table 22). Retail demand is expected to increase to 1.04 million square feet
<br />by 2015 and 1.28 million square feet by 2020, an increase of 437,378 square feet.
<br />Table 22: Supportable Retail Square Feet, Planni
<br />akeries /Dairies
<br />Restaurants
<br />Building Material Dealers
<br />Discount Stores
<br />Other General Merchandise
<br />Pharmacies
<br />Clothing Stores
<br />Department Stores
<br />Office Supplies & Stationery
<br />All Other
<br />Source: Warren & Associates
<br />84,094
<br />103,804
<br />127,456
<br />43,361
<br />9.9%
<br />101,767
<br />125,619
<br />154,241
<br />52,474
<br />12.0%
<br />70,622
<br />87,174
<br />107,037
<br />36,414
<br />8.3%
<br />159,495
<br />196,876
<br />241,734
<br />82,239
<br />18.8%
<br />117,042
<br />144,474
<br />177,392
<br />60,350
<br />13.8%
<br />28,006
<br />34,570
<br />42,447
<br />14,441
<br />3.3%
<br />30,197
<br />37,275
<br />45,768
<br />15,570
<br />3.6%
<br />53,165
<br />65,625
<br />80,578
<br />27,413
<br />6.3%
<br />39,576
<br />48,852
<br />59,983
<br />20,406
<br />4.7%
<br />164,284 202,788 248,9931 84,7091 19.4%
<br />Discount Stores are expected to make up 18.8% of the total demand, or 82,239 square feet.
<br />Another supermarket and a number of new restaurants could also be supported.
<br />March 2010 APPENDIX D: HALUP MARKET ANALYSIS 32
<br />AUGUST 2010
<br />Attachment number 2
<br />G -1 Page 441
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