Controversial Mall will not Boost Jobs or Revenue, Study Concludes

Date: 1 Sep 2003 | posted in: Retail | 0 Facebooktwitterredditmail

Developers of a massive shopping center in Leominster, Massachusetts, claim the project will create 869 new jobs and boost the city’s property tax revenue by $400,000 annually. But a study by a nationally recognized land use economist has found that the development will destroy about as many jobs as it creates and provide the city with only $51,000 in additional revenue. To put that into perspective, if the new revenue were used to cut residential property taxes, each of the city’s 17,000 households would save just $3 annually. … Read More

Los Angeles May Require Big Boxes to Pay Higher Wages

Date: 1 Jul 2003 | posted in: Retail | 0 Facebooktwitterredditmail

Hundreds of residents have attended hearings held by the Los Angeles City Council’s Economic Development and Employment Committee on ways to mitigate the negative effects of supercenters on the community. Supercenters are massive stores, primarily operated by Target and Wal-Mart, that combine general merchandise with a full supermarket.… Read More

Carbondale Voters Defeat Shopping Center

Date: 1 Jul 2003 | posted in: Retail | 0 Facebooktwitterredditmail

On July 15, citizens in Carbondale, Colorado, voted 57 to 43 percent to reject a 252,000-square-foot shopping center anchored by a Target store. The hotly debated referendum produced the largest election turnout in the town’s history. Carbondale is a community of 5,200 people in the Roaring Fork Valley between Glenwood Springs and Aspen. Carbondale has a lively downtown of locally owned businesses, including hardware, book, and clothing stores. … Read More

Thailand Adopts Local Planning to Control Superstores

Date: 1 Apr 2003 | posted in: Retail | 0 Facebooktwitterredditmail

The Thai government has issued a new directive designed to control the expansion of superstores. The measure requires provinces to establish committees to draft new planning rules that stipulate where large-scale stores may locate. The directive covers all of Thailand’s 76 provinces, except Bangkok and three other major cities, which already have zoning in place. The government estimates it will take three years to implement land use planning nationwide.… Read More

Local Stores Create Triple the Economic Activity of Chains

Date: 1 Feb 2003 | posted in: Retail | 0 Facebooktwitterredditmail

When you spend $100 at the chain Borders Books & Music, your purchase creates only $13 worth of local economic activity. That same $100 spent at locally owned book or record store generates $45, or more than three times as much local economic activity. That’s the conclusion of a new study conducted by Civic Economics and published by Livable City in Austin, Texas. … Read More

Big Box Stores Drain City Revenue, Study Finds

Date: 1 Feb 2003 | posted in: Retail | 0 Facebooktwitterredditmail

Big box retail, shopping centers, and fast-food restaurants cost taxpayers more than they produce in revenue, according to a fiscal impact analysis in Barnstable, Massachusetts. The study, conducted by Tischler & Associates, compares the tax revenue generated by different kinds of residential and commercial development with the actual cost of providing public services for each land use. Barnstable is a community of 48,000 people on Cape Cod.… Read More

British Government Rejects Big Box Sprawl

Date: 1 Feb 2003 | posted in: Retail | 0 Facebooktwitterredditmail

In a move that could derail big box development projects throughout England, Deputy Prime Minister John Prescott has rejected a bid by the furniture chain Ikea to build a 300,000-square-foot store (seven times the size of a football field) outside the city of Stockport. In a letter explaining his decision, Deputy Prime Minister Prescott said the proposed store violated several provisions of both national and local planning policy. … Read More

Eureka Develops Economic Impact Review Law

Date: 1 Nov 2002 | posted in: Retail | 0 Facebooktwitterredditmail

Citizens in Eureka, California, recently attended the third in a series of public meetings aimed at drafting an ordinance that would require big box development proposals to pass a comprehensive economic impact review before being allowed to build. "We’re trying to create a livable, walkable city," said City Councilor Chris Kerrigan, who introduced the ordinance in April. "We’ve spent millions and more than a decade trying to turn our downtown around. … Read More

New Yorkers Fight Chain Incursion

Date: 1 Aug 2002 | posted in: Retail | 0 Facebooktwitterredditmail

"We have a strong sense of community here," says Krista Wergeland, a resident of Manhattan’s Upper West Side and member of a neighborhood group working to block an incursion of fast-food restaurants and chain stores. Long known for being unique and down-to-earth, the Upper West Side is increasingly popular with national retailers like Starbucks, the Gap, and Barnes & Noble. "You wake up and ask yourself: What’s happening to the identity of this community?" said one resident. … Read More

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