Retail Attractions creates custom economic development strategies for communities that want to reach their ultimate potential. A city has only two choices; either grow or decay. Our experienced team will analyze your City, develop a marketing package, and implement a plan to entice investors to choose your City for their next project. The maximum economic development of a city including retail, other commercial, and residential development is a crucial ingredient to the overall quality of life in a community. When a citys general fund revenue is dependent on sales tax, it usually doesnt take long to figure out you better be recruiting retail.
Just as every city has distinctive characteristics, every consulting project is unique. However, these are the general strategies employed by Retail Attractions to achieve economic development and growth in your community.
- Assess the City's current situation, including both obstacles and opportunities.
- Identify sources of public funding and retail supply leakages in trade areas.
- Identify and recruit targeted retailers and retail developers to your community.
- Manage marketing efforts to attract new businesses to the City. Retail Attractions will work with the Citys designated contractor for demographics and marketing to define the trade area to insure quality and applicability of data and materials.
- Serve as a liaison between the City and the development community as needed to facilitate the process of commercial investment in the community.
- Advise and assist the City in real estate transactions, development opportunities or other processes in regard to development efforts.
- Advise and assist the City in developing incentive programs, partnerships with developers and agreements that will be to the best advantage of the City.
- Advise the City in regard to infrastructure needs that will be necessary to support each stage of development.
- Advise and assist the City in public relation efforts regarding development in the City. Retail Attractions will work with the City to keep the community informed of the process, the progress and the opportunities. This communication will present to investors a community that is welcoming and open to development, a vital component to paving the way for new development.
- Engage network contacts on behalf of the City to make sure the right people in the development community know about the opportunities in the City. Develop a plan to keep the City in front of the development community.
- Introduce City officials to network contacts to enhance the citys ability to market itself in the future.
In addition to the services previously listed, Retail Attractions, LLC is also able to provide general municipal consulting services such as strategic planning for municipalities, development of local or regional comprehensive plans, and development of water, storm water, sewer, or transportation master plans for local or regional entities.
This process has been proven. Contact us at (918) 376-6707 today to begin the journey to healthy economic growth.