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RETAIL DEVELOPMENT PROFILE

Use this guide for your retail project that is already built and operating now to provide basic information about your CDC retail development.

Share what you consider useful for other CDCs that are planning to develop retail. Think about what would have helped you to know before or as you began your project.



CDC Name:
City:
State:
Executive Director/CEO:
Email:
Phone:
Project name:

Description:

Size/Type: # Square Feet
Anchor:
Other tenants:
Site (brief description):

Acquisition steps (2-3 steps):
Clientele ( based on market assessment):
Who uses center:
Where are they located - # of miles:
How many users in 3 mile radius:
Type of retail:



Number of jobs created:
Types of jobs:

Full Time
Part Time

Percentage of jobs from local community:
Recruiting and hiring process (brief description):

CDC Board of Directors – roles
Advisory group for retail project Note special qualifications:
Development team (list all roles):
Developer (if other than the CDC):
Development Consultant (if the CDC is developer):
ROI (return on investment) retail profitability:
Implications for community (list 2-3):

Public funding (check ones you used):
  Federal
Federal Funding:  

HHS-OSC:

HUD:

Commerce:

Faith Based:

Other

  State
State Funding:  

EPA:

Commerce:

Other

 
  City
Mayor:
Department contacts:  

Economic Development:

Planning:

Engineering:

Other

 

 
Private Funding
  Private funding: banks
Funds
Foundations
Other

Problem/issues:

Access to experienced professional development help to facilitate the project with CDC director.
Time spent on the development project.
Weariness due to delays. .
Lack of experience of retail development process.
Keeping focused on the task at hand.
Keeping all supporters informed and on board, working for the project’s success.
Construction problems.
Financing problems.
Lease up of space.
Keeping up with required reporting to financial backers.
Other

   
   
   
 


 


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