planBTV Downtown & Waterfront Master Plan

Page 25

SO, YOU THINK YOU KNOW BURLINGTON? . . . LOOK AGAIN Sometimes a gap exists between perception and reality. Phase 1 of planBTV studied demographics, transportation, parking, housing, and economics to clarify the facts and more accurately understand the challenges faced by the city, as a baseline for planning.

ECONOMIC INSIGHTS es/ rvic ss r Se lne me Wel nsu Co

Co Gro nv cer en y & ien ce

273

retail businesses are located in Downtown Burlington.

13% 6% 47%

& 17% Foodage Bever

Specialty Retail

Dep

artm Stoent re

17%

Retail Mix in Downtown Burlington

7 1

The number of stores the average Downtown shopper visits after parking once.

The number of stores the average shopper visits in a suburban location such as Taft’s Corner after parking once.

100,000 to 200,000 Square Feet. of new retail can be supported in Downtown Burlington.

Burlington has managed to achieve a healthy majority of specialty retail shops, anchored by department and grocery stores, each benefitting from the presence of the other. This diversity of options and experiences is what sets Burlington apart and is key to its future success.

planBTV

25


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