Who will make downtowns succeed?
Successful downtowns require a successful retail district. Today, that retail district must be developed as a retail entertainment district to survive and thrive. So, who should that district focus on?
Again, we quote our star of the week, retail entertainment expert Michael Beyard, “The ability to reach market segments that are easily overlooked – including women, members of generations X and Y, and even baby boomers, who are getting older but not Ã¯Â¿Â½agingÃ¯Â¿Â½ – will determine whether contemporary retail entertainment developments succeed or fail in the coming years.”
Sound familiar? Economically vibrant downtowns will listen closely to this market, while others will continue to treat them as background images – and be perceived just the same.
Are cities/developers accommodating you in your downtown? Comment below…
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