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We’ve got it!


CONTENTS 1. COMMUNITY PROFILE . . . . . . . . . . . . . . . . . . . . VISION . . . . . . . . . . . . . . . . . . . . . . . . . . . . COMMUNITY EVENTS AND ACTIVITIES . . . . . . . . . . . . EDUCATION . . . . . . . . . . . . . . . . . . . . . . . . . RECREATION . . . . . . . . . . . . . . . . . . . . . . . . . REGIONAL AMENITIES / STRENGTHS . . . . . . . . . . . . . 2. MARKET OVERVIEW . . . . . . . . . . . . . . . . . . . . . . TRAVEL TIMES . . . . . . . . . . . . . . . . . . . . . . . . . LOCAL DEMOGRAPHICS . . . . . . . . . . . . . . . . . . . MARKET AREA DEMOGRAPHICS . . . . . . . . . . . . . . . DESIRABLE TRAFFIC COUNTS . . . . . . . . . . . . . . . . . MARKET ASSESSMENT . . . . . . . . . . . . . . . . . . . . . FORD ROAD RETAIL DISTRICT . . . . . . . . . . . . . . . . MICHIGAN AVENUE DISTRICT 3. PRIORITY DEVELOPMENT AREAS . . . . . . . . . . . . . . . WHERE IS THE OPPORTUNITY? . . . . . . . . . . . . . . . . FORD ROAD PDA 1 . . . . . . . . . . . . . . . . . . . . . . FORD ROAD PDA 2 . . . . . . . . . . . . . . . . . . . . . . MICHIGAN AVENUE PDA 1 . . . . . . . . . . . . . . . . . . MICHIGAN AVENUE PDA 2 . . . . . . . . . . . . . . . . . .

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The community story. Delles ate sum acil modiaepra prat. Il idi aut omnis earitas venda voluptae et endem volorum eaque pel idis cuptae voluptas dusamustis andita suntur sequi inus rehenim necteca eperum, oditas vent laborpor ma consend eritiistiam inci sequi dolupta es doloreiur? Natenist, quo volesec aboratior mo maiorep erorit eseriasse eum del isto culparitius vendam re comnis consequ ibusam nus.


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COMMUNITY PROFILE VISION COMMUNITY EVENTS AND ACTIVITIES EDUCATION RECREATION REGIONAL AMENITIES / STRENGTHS

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5


COMMUNITY PROFILE

VISION Canton has matured from a small farming village into Michigan's 11th largest community. Canton residents enjoy a high quality of life in the community. Canton offers everything from top-quality schools and a nationally accredited police department, to a wide variety of dining and shopping opportunities. Add to that, six beautiful community parks, a stateof-the-art community center, two golf courses and a world-class theater, and you have found the perfect place to live.

The future is the present Olorios anihita tumquam ipsam, quos pa nos es sequas di omnimust, inctam incia cum et velique derchicid qui a doluptiorem vellam quiam, net as elignat atquature pratur sed et delicip sandae magnisi nctatqu aepero et quatur? Ellabor rem. Xerum volupta aut harchil luptist iorpor aboreperem hic tem fugitasped eumquo is ut et magni omnist, od moluptam nonemque dolorrovit et quatur?

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We’ve got it!

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COMMUNITY PROFILE

COMMUNITY EVENTS AND ACTIVITIES Canton Leisure Services programs are developed for people of all ages, including preschool, youth and teens, adults and seniors. Specific areas include Aquatics, Athletics, the Canton Sports Center, the B.L.O.C.K. Teen Center, the Senior Adults Program, Youth Development (Teens), Health / Wellness and Community Events, and more. The activities and programs provide opportunities for families and friends to build relationships, create a sense of belonging in the community, and positively impact the local economy.

The most prestigious award of its kind, the Gold Medal Award honors communities throughout the U.S. that demonstrate excellence in long-range planning, fiscal resource management, citizen support systems, environmental stewardship, preservation, technological integration, program planning and assessment, professional development, and agency recognition

Canton Leisure Services is the 2008 winner of the National Recreation and Parks Association Gold Medal Award for Excellence in Park and Recreation Management.

Events at a glance • Summer Camp • Summer Concerts in Canton • Wellness on Wednesday (WOW) • Community Garden • Monthly Recipe Exchange • Billiards Tournament • Family Fishing Derby

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• Healthy Summer Kick-Off Event • Mother / Son Dance • 2013 LibertyFest • Family Camp Out / Movie Night • Tiny Tot Olympics


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COMMUNITY PROFILE

EDUCATION The Canton Community is home to an excellent network of schools that includes three local public school districts, numerous private schools and academies, and various local colleges and major universities. Public School Districts • • • •

Canton Charter Academy Plymouth-Canton Community Schools Wayne Westland Community Schools Van Buren Public Schools

Private Schools • • • •

All Saints Catholic School Plymouth Christian Academy St. Michael Christian School Huron Valley Catholic School

Nearby Colleges and Universities • • • • • • • • • •

University of Michigan Cleary University Davenport University Eastern Michigan University ITT Technical Institute Lawrence Technological University Northwood University Schoolcraft College Western Campus – Wayne County Community College District

Growing an educated workforce Olorios anihita tumquam ipsam, quos pa nos es sequas di omnimust, inctam incia cum et velique derchicid qui a doluptiorem vellam quiam, net as elignat atquature pratur sed et delicip sandae magnisi nctatqu aepero et quatur? Ellabor rem. Xerum volupta aut harchil luptist iorpor aboreperem hic tem fugitasped eumquo is ut et magni omnist, od moluptam nonemque dolorrovit et quatur?

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COMMUNITY PROFILE

RECREATION

Summit on the Park

Canton Township prides itself on providing an excellent system of parks which offer a variety of activities for residents, plus a place for families to gather for picnics and other outdoor activities. Park pavilions and the gazebo in Heritage Park are available for rental by community groups and individuals. Splash Playground Cool down at Canton's new Splash Playground located in Heritage Park near Heritage Hideout. Lower Rouge Trail In an effort to meet the residential demand for more outdoor recreation, Canton constructed a new a non-motorized trail system along the Lower Rouge River.

A nationally recognized community center that showcases the best in community recreation. The Summit, as it's known in the community, continues to be a focal point in the Canton Community where Canton's diverse population can experience a wide variety of leisure experiences. The Summit serves as the "hub" for Leisure Services, providing space for recreation classes, programs, special events, information and tickets for community events and a gathering space for friends and families. The Summit enhances the local economy by providing parttime jobs, creating opportunities for networking and attracting prospective home buyers. Summit on the Park, which opened January 1996, is a 95,000 square-foot community recreation facility with a variety of amenities for guests to enjoy.

Supporting an active community • Canton Public Parks, Trails, Facilities and Historic Sites • Barchester Park • Canton Dog Park • Flodin Park • Freedom Park • Griffin Park

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• • • • •

Heritage Park Independence Park Preservation Park Victory Park Pedestrian Walking Paths


HOME OF MICHIGAN’S LARGEST SOCCER TOURNAMENT Canton is home of the Canton Cup, a premier soccer tournament drawing more than 650 teams from around the country. This premier event is one of the many community events and activities that brings the Canton community together. The tournament also provides significant economic benefit to the community over this May holiday weekend.

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COMMUNITY PROFILE

REGIONAL AMENITIES AND STRENGTHS Economic Growth

Manufacturing and R&D Leadership

Economic activity is at a 10-year high. Growth rate of 2.3 percent is tops among Midwest states and sixth-best in the nation.

Nearly 14,000 manufacturing establishments have access to one of the world's largest concentration of industrial R&D and a top-ranked research university system.

Lower Taxes

World-class Talent

A simple, fair and flat 6 percent Corporate Income Tax is among the lowest in the nation and has slashed business costs by 83 percent.

Fourth-largest high-tech workforce with more than 87,000 engineers, 70,000 R&D professionals, and 75,000 skilled tradespeople.

Business Resources

Affordable Land and Buildings

$150 million annually towards incentives and assistance, along with an additional $100 million available to loan small and midsize businesses

Over 15,000 commercial sites available for industrial, office, retail, and agricultural. Global Gateway Center of a global economic corridor located within 500 miles of half of the U.S. and Canadian population and income.

Pure Michigan Lifestyle Affordable cost of living in a state with award-winning communities, beaches, mountains, forests, parks, museums and hundreds of cultural and historical attractions surrounded by four of the five Great Lakes.

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MARKET OVERVIEW REGIONAL LOCATION TRAVEL TIMES LOCAL DEMOGRAPHIC PROFILE MARKET DEMOGRAPHIC PROFILE DESIRABLE TRAFFIC COUNTS MARKET ASSESSMENT FORD ROAD RETAIL DISTRICT - MARKET POTENTIAL MICHIGAN AVENUE CORRIDOR - MARKET POTENTIAL

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MARKET OVERVIEW

TRAVEL TIMES Canton is located in the heart of Southeastern Michigan. Situated conveniently between Detroit and Ann Arbor, Canton is a community that has it all. It is just minutes from Metro Airport, and within the 36 square miles that make up Canton, ?????

Drive times: Detroit - 30 minutes Ann Arbor - 20 minutes Lansing - 1 Hour 15 minutes Grand Rapids - 2 Hours Toledo - 50 minutes

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Canton is next to everything!


Connected!

Internationally Connected Canton is located within proximity to a number of regional airports. Most notably is Detroit Metro Airport which is only minutes away from Canton's primary commerce areas.

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MARKET OVERVIEW

LOCAL DEMOGRAPHICS

MARKET AREA DEMOGRAPHICS Housing

Canton is one of the premier communities within the Southeast Michigan region. As of the 2010 census, the township had a population of 90,173 making it Michigan's second largest township and eleventh largest community. Canton is one of Michigan's fastest growing communities, and has experienced healthy population and economic growth over the last decade.

Owner Occupied - 2010 70.3%

Average Home Value - 2012 $106,601

Avg. Household Net Worth - 2012

In the township, the population was spread out with 29.0% under the age of 18, 8.0% from 18 to 24, 34.9% from 25 to 44, 22.1% from 45 to 64, and 5.9% who were 65 years of age or older. The median age was 33 years. For every 100 females there were 98.0 males. For every 100 females age 18 and over, there were 96.2 males.

$464,377

Demographics Population - 2010 344,032

According to a 2007 estimate, the median income for a household in the township was $82,669, and the median income for a family was $95,267. Males had a median income of $61,570 versus $35,615 for females. The per capita income for the township was $28,609. About 2.9% of families and 3.7% of the population were below the poverty line, including 4.2% of those under age 18 and 5.5% of those age 65 or over.

Households - 2010 131,616

Median Age - 2010 38 years

$ $ $$

$

As of the 2010 census, the township had a population of 90,173 making it Michigan’s second largest township and eleventh largest community. Canton is one of Michigan’s fastest growing communities and has experienced healthy population and economic growth over the last decade.

$ $ $ $ $ $ $

$

Income

$$ $$

Median Household Income - 2012

$ $$

$51,898

Average Household Income - 2012 $65,505

Per Capita Income - 2012 $26,088

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A Place to Call Home

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MARKET OVERVIEW

DESIRABLE TRAFFIC COUNTS The Ford Road Corridor benefits from convenient regional access and significant exposure from the I-275 corridor. Ford Road is a major east-west thoroughfare through Canton Township, Westland Township, and Dearborn. Ford Road also intersects with, and has access to Interstate 275 in the eastern portion of the Ford Road Retail District. Businesses in the Ford Road Retail District benefit from the high average daily traffic volumes on Ford Road and Interstate 275.

Uniquely capturing daily neighborhood shopping, commuter traffic between Detroit and Ann Arbor, and regional destination shopping. • In 2010, the average daily traffic count on Ford Road immediately east of Interstate 275 (east boundary of Ford Road Retail District) was 47,177 vehicles (reported by MDOT). • This traffic count was similar to the 47,558 average daily cars west of Interstate 275 (0.1 mile east of Lilly Road). • The average daily traffic along Interstate 275 north of Ford Road is 118,000 vehicles and 98,100 vehicles south of Ford Road. This is significant exposure to the Ford Road Retail District.

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We’ve got it where it counts!

MULTI-DIMENSIONAL TRAFFIC PATTERNS Within Canton there are multiple traffic patterns. With the presence of IKEA, Canton is a major regional draw generating traffic trips to shop in the district. The are also both local trips and transient trips through the area, many of which are traveling to the University of Michigan located less than twenty miles away from Canton's premier commercial districts.

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MARKET OVERVIEW

MARKET ASSESSMENT In 2013 Canton Township conducted a detailed market assessment with a team of consultants to determine what the current market condition is within Canton and the surrounding region, and to identify opportunities and gaps within the marketplace. Through this analysis Canton was able to identify specific target markets that would fill the gaps and be attracted to existing developable sites within the Township. The study examined two commercial corridors within the Township, the Ford Road Corridor, and the Michigan Avenue Corridor. Each corridor is distinct in its character and mix of businesses but share one common identity; there is real economic opportunity to continue to develop these areas into high-quality prosperous areas of commerce. Retail development potential in the Ford Road Retail District and Michigan Avenue Corridor is based on an analysis of existing retail businesses and available space within each area, as well as a demographic and economic analysis of the EMA. A field survey of existing retail within the Ford Road Retail District and Michigan Avenue Corridor was conducted.

The following analyses have been conducted to identify market support for retail in the Ford Road and Michigan Avenue Retail Districts: • Economic and demographic analysis • Analysis of traffic patterns • Location of existing retail outside of the Ford Road and Michigan Avenue Districts • Interviews with local real estate and planning professionals • Interviews with area business owners and managers • Personal observations by a consulting team of market and development specialists • Analysis of consumer spending patterns in the EMA • Analysis of retail sales in the Ford Road Retail District and Michigan Avenue Corridor as well as the balance of the EMA

A 157 Square-Mile Market Area... EMA refers to a methodology to describe areas of similar economic and demographic characteristics. The EMA is the smallest area expected to contain the greatest concentration (60% to 70%) of support for most development. The EMA for Canton Township is approximately 157 square miles. EMA boundaries were selected for Canton Township based on interviews with area real estate, planning, and housing professionals, business owners, observation of field analyst. The Effective Market Area for both the Ford Road Retail District and the Michigan Avenue Corridor includes Canton Township, Plymouth, Livonia, Garden City, Westland, and Westland Township. The EMA also includes parts of Plymouth Township, Livonia Township, Inkster, Inkster Township, Superior Township, and Ypsilanti Township. Specifically, the EMA is bounded by State Route 14 and Interstate 96 to the north, Inkster Road to the east, Interstate 94 to the south, and Ecorse Road/State Route 17 and Prospect Road to the west. 24


EFFECTIVE MARKET AREA AND PRIORITY CORRIDORS

FORD ROAD RETAIL DISTRICT

MICHIGAN AVENUE CORRIDOR

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MARKET OVERVIEW

FORD ROAD RETAIL DISTRICT - HOME OF IKEA CORRIDOR DESCRIPTION A naturally occurring shopping district anchored by IKEA and home to 319 retail stores totalling 3.5 million square feet of retail

DISPOSABLE INCOME AND CONSUMER EXPENDITURES Consumers expenditures exceed $86 billion within the EMA

The Ford Road Retail District is an area located in the north central portion of Canton Township. The Ford Road Retail District is 3.4 miles long and consists of the area along Ford Road between the Canton Township line to the east and I-275 to the west.

There are three distinct market areas within Canton. This includes the entire market area, a transient traffic market area defined by pass through traffic, and the occasional traffic market area which is defined by those frequenting the area on a less frequent basis.

The Ford Road Retail District can generally be categorized as a naturally occurring shopping district. The corridor is one of two primary commercial corridors within the Township and draws local, transient and regional traffic. The corridor is also home to many national retailers including IKEA.

The retail expenditures within the EMA is $3.5 billion. The total retail expenditures in the transient traffic market area are $18.3 billion and the occasional traffic market area has total retail expenditures of $86.2 billion.

RETAIL ANALYSIS MIX (TABLE 1) In 2013, estimated retail sales within the Ford Road Retail District were $316.5 million among 195 retail stores, estimated sales in the Canton EMA were nearly $3.1 billion among 2,492 retail stores. Within the Ford Road Retail District, there are 251 existing businesses within 80 different categories. The corridor has an 8.4% vacancy rate that could be used for retail. There are also 45 non-retail businesses within the Ford Road Retail District. These include such businesses as banks, medical offices, real estate offices, and two animal hospitals.

MARKET POTENTIAL (TABLE 3) The current retail gap represents an opportunity for new retail to capture a share of a market that is spending $476 million outside of the EMA Within the EMA in 2010, the estimated total retail expenditures of $3.5 billion were greater than total sales, representing a net drain of $476 million. The $476 million gap between total expenditures and sales indicates that consumers within the EMA spend more money at retail stores outside the EMA than within the EMA. This is also an indication that the area could attract additional retailers to capture the retail drain. A significant amount of demand is not being met within the EMA at: • gasoline stations ($168 million gap) • food and beverage stores ($87.8 million gap) • clothing and clothing accessories stores ($71.5 million gap)

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• motor vehicle and parts dealers ($66.7 million gap)

Table 2 - Disposable Income and Retail Expenditures

• food services and drinking places ($40.5 million gap)

FORD ROAD COMPETES ON A NATIONAL RETAIL STAGE (TABLE 4)

Ford Road EMA Transient Traffic Occasional Traffic

Households

135,333

274,544

1,368,470

Median Income

52,471

52,224

48,859

Average Disposable Income

52,099

54,296

52,520

7.05 billion

14.9 billion

71.87 billion

3.5 billion

18.3 billion

86.2 billion

Total Disposable Income

When compared to Easton, the Ford Road Retail District outpaces Easton Town Center in nearly every category. The Ford Road Retail District is a naturally occurring shopping district with a mix of businesses that compete on a national stage. A good basis of comparison is the Easton Town Center in Columbus, Ohio which is an established town center style shopping mall that contains a mixture of retail stores which attract shoppers from a region-wide area. The Easton development is exceptionally successful and is widely known and highly regarded among retail professionals. The Ford Road Retail District oupaces and outperforms the Easton development in nearly every category.

Retail Expenditures

Table 3 - Retail Drain/Attraction Analysis

Total Expenditures

Total Sales

(Drain)/Supply

711,007,077

6 44,344,061

(66,663,016)

84,283,219

90,156,583

5,873,365

110,089,602

114,932,203

4,842,601

Building and Garden Materials 119,379,455 130,825,051

11,445,595

Motor Vehicle & Parts Dealers Furniture & Furnishings Electronics & Appliances Food & Beverage Stores

471,924,944 384,117,748

Table 4 - Shopping Center Comparisons

Ford Road

Easton

319

247

Total Square Feet

3,459,305

2,300,000

Total Retail Square Feet

3,267,556

2,177,000

191,749

123,000

Total Stores

Table 1 - Ford Road Retail District Overview

Total Stores

Number Sq/Ft

319

3,459,305

Non-Retail Stores

45

191,749

Vacant Stores

23

165,223

Total Retail Space

274

3,267,556

Occupied Retail Stores

251

3,102,333

8.4 %

5.1%

Retail Vacancy Rate

Total Non-Retail Square Feet

(87,807,196)

Clothing Stores Number Square Feet

7

54

142,804

502,000

3

2

525,827

341,000

2

2

517,415

392,000

Discount Stores Number Square Feet Department Stores Number Square Feet

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MARKET ASSESSMENT

MICHIGAN AVENUE - CROSSROADS TO UNIVERSITY OF MICHIGAN AND DETROIT METRO AIRPORT CORRIDOR DESCRIPTION The Michigan Avenue Retail District is defined as a neighborhood or convenience retail area well suited to attract convenience retailers, unique retailers, and larger format regional retailers. The Michigan Avenue Retail District is an area located in the southern portion of Canton Township. The Michigan Avenue Retail District is 4.2 miles long and consists of the area along Michigan Avenue between Hannan Road (Canton Township line) to the east and Beck Road to the west. The Michigan Avenue Retail District also includes Geddes Road north of Michigan Avenue. Although the Michigan Avenue Retail District has a variety of existing retail stores, the area generally cannot be categorized as a sub-regional shopping district. The Michigan Avenue Retail District is better defined as a neighborhood

(e.g. Target, Meijer, or Wal-Mart), convenience retail, unique retailers, rather than a destination retail district.

RETAIL ANALYSIS MIX (TABLES 1 AND 2) In 2010, estimated retail sales within the Michigan Avenue Retail District were $60.1 million among 57 stores. Within the Michigan Avenue Retail District, there are 96 existing businesses within 36 different categories. In 2013, there were 7 vacant spaces that are or could be used for retail, resulting in a 7.3% vacancy rate for retail. There was also 26 non-retail businesses within the Michigan Avenue Retail District. These include such businesses as banks, H&R Block and Edward Jones, insurance offices, medical offices including an urgent care, and a learning center.

Well suited to grow convenience retail and ... The Michigan Avenue Retail District is better defined as a neighborhood or convenience retail area rather than a destination retail district. However, Michigan Avenue is well suited for other development such as medical offices or medical businesses, office buildings, education, an auto mall and auto related business, as well as mixed use developments.

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Canton, especially their economic development team has been very helpful and instrumental in our firm’s relocation to their community. Canton’s geographic location, resources, and pro-business environment were a perfect fit for an alternative energy company like Danotek. - Frank Alex (CFO - Danotex Motion Tech.)


POSITIONED FOR AUTOMOTIVE SALES

Table 2 - Michigan Avenue Retail District: Store Types

Within the EMA, there were $600 million worth of expenditures at automobile dealers and only $535 million of total sales equating to a net drain of over $63 million.

Auto

Number

Total Sq Ft.

Average Sq Ft.

10 88,974

8,897

Bar

1

5,005

5,005

Beauty Salon

1

2,500

2,500

Beauty Supplies

1

3,200

3,200

Car Wash

1

4,367

4,367

Cell Phone Store

4

9,469

2,367

Check Cashing

1

1,350

1,350

Cleaners

1 2,200

2,200

Cleaning

1 1,500

1,500

Clothing & Accessories

6

41,643

6,941

Computer Repair

1

1,250

1,250

Convenience Store

8

24,959

3,120

Copy Store

1

1,250

1,250

OPPORTUNITIES TO BUILD ON THE EXISTING WAREHOUSE AND LIGHT MANUFACTURING CLUSTER

Day Spa

1

1,750

1,750

Department Store

3

362,661

120,887

Electronics

1 2,500

2,500

Greenhouse

1 35,873

35,873

Michigan Avenue is well suited for flex-space development that could incorporate such uses as a showroom, offices, warehouse space within the same building. The flex office segment is growing within the area, with a variety of small, flex-spaces already within the corridor, including a 500k square foot center at the south end of Michigan Avenue.

Grocery Store

1

59,000

59,000

Gym

1 5,000

5,000

Hair Salon

3

4,000

1,333

Health Store

1

1,808

1,808

Home Improvement

1

123,518

123,518

Karate

1 2,000

Lumber Yard

1

73,711

73,711

Nail Salon

1

1,500

1,500

26

79,716

3,066

Office Supplies

1

20,200

20,200

Paint Store

1

3,000

3,000

Pet Store

1

20,419

20,419

Pharmacy

1 33,400

33,400

Pool Store

1

11,500

Michigan Avenue is well suited for automobile dealerships. Within the Michigan Avenue Retail District, there are 10 auto-related businesses, of which, 3 are new car dealerships. Within the EMA, there were $600 million worth of expenditures at automobile dealers and only $535 million of total sales. This equates to a net drain of over $63 million. Further, the Ford Road/Michigan Avenue Retail Districts capture only 6.0% of EMA motor vehicle and parts dealer expenditures. Among the new car dealerships on Michigan Avenue, Kia of Canton and Dick Scott Nissan are located within 0.2 mile of each other east of South Lilly Road. Victory Toyota is located 2.1 miles west of Dick Scott Nissan.

Table 1 - Michigan Avenue Retail District

Total Stores

Number Square Feet 122

1,449,262

26

79,716

7

11,879

Total Retail Space

96

1,369,546

Occupied Retail Stores

89

1,357,667

7.3%

0.9%

Non-Retail Stores Vacant Stores

Retail Vacancy Rate

Non Retail Business

Restaurant

11,500

24 66,560

2,000

2,773

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FORD ROAD: CURRENT BUSINESSES

5

14

Ford Road

12 13

11

15

4

16 17

4. New Towne Plaza Shopping Center

7. Target 8.

Canton Cinema

9. IKEA 10. Max & Erma's 11. Rite Aid 12. TCF Bank

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22

23

25 26

28

9

33 30

Ford Road

24 35 31 32

I-275

3. Meijer

21

29

Haggerty Rd

2. Kroger

6. JCPenney

19 20

27

N Lilley Rd

Centre Village of Canton Shopping Center

5. Lowes

7

Morton Taylor Rd

N Sheldon Rd

1.

N Canton Center Rd

1

3

18

8

10 2

6

13. Chase Bank

24. Chuck E. Cheese's, BD's Mongolian Grill

14. Jo-Ann Fabric and Craft, Once Upon a Child, DSW Design Shoe Warehouse, Kohls, Platos Closet

25. Panera Bread

15. Huntington National Bank 16. Walgreens 17. TGI Fridays 18. Fifth Third Bank 19. Applebees Neighborhood Grill and Bar 20. Boston Market 21. OfficeMax 22. Pittsburgh Paints, Hobby Lobby 23. Outback Steakhouse

26. Buffalo WIld Wings Grill & Bar 27. Dunham's Sports, Marshalls 28. Chili's Grill & Bar 29. Bed Bath & Beyond 30. Bob Evans 31. Hampton Inn & Suites 32. Life Time Fitness 33. Sam's Club 34. Walmart Supercenter

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MICHIGAN AVENUE: CURRENT BUSINESSES Geddes Road

Beck Road

Avenue Michigan 8

11

12 13 14 10

9 7 1

2

3

4

5

6

Belleville Road

ue ven A n higa Mic

S Sheldon Road

15

1. Target

6. Victory Toyota Dealer

11. Dicks Sporting Goods

2. RadioShack

7.

Bob Evans

12. Office Depot

3. Kohls

8.

The Home Depot

13. Kroger

4. Old Navy

9.

Bank of America

14. Chase Bank

5. PetSmart

10. Ruby Tuesday

15 Walmart Supercenter

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POTENTIAL DEVELOPMENT AREAS OVERVIEW OF POTENTIAL DEVELOPMENT AREAS VISION CONCEPT DEVELOPMENT PLANS FORD ROAD • FORD ROAD AREA 1 - TOWN CENTER INSPIRED RETAIL HUB • FORD ROAD AREA 2 - MIXED-USE CENTER IN THE HEART OF IT ALL MICHIGAN AVENUE • MICHIGAN AVENUE AREA 1 - FLEXIBLE TECH CENTER WITH OPPORTUNITIES TO GROW • MICHIGAN AVENUE AREA 2 - A FOCUS ON AUTOMOTIVE SALES WITH HIGHLY VISIBLE OUTPARCELS

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Opportunities for focused development!

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POTENTIAL DEVELOPMENT AREAS

WHERE IS THE DEVELOPMENT OPPORTUNITY? Two primary commercial corridors within Canton contain numerous opportunities to grow your storefront, business, company, or rooftop. The Township has identified four undeveloped or underdeveloped areas with high-profile locations within the community that have great potential for new development. Collectively they represent opportunities for residential, retail, office, light industrial and warehousing, and automotive sales.

THE FOUR POTENTIAL DEVELOPMENT AREAS ARE: 1. FORD ROAD AREA 1 TOWN CENTER INSPIRED RETAIL HUB 2. FORD ROAD AREA 2 MIXED-USE CENTER IN THE HEART OF IT ALL 3. MICHIGAN AVENUE AREA 1 FLEXIBLE TECH CENTER WITH OPPORTUNITIES TO GROW 4. MICHIGAN AVENUE AREA 2 AUTOMOTIVE SALES WITH HIGHLY VISIBLE OUTPARCELS

We’ve Done the Heavy Lifting In an effort to advance the development of these four potential development areas in the community, the Township has conducted a market assessment to understand what uses these areas can support. Taking it one step further, concept development plans were prepared that demonstrate the general vision for each development area, the target users based on market demand, and the site capacity that maximizes development potential of the site.

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FORD RD AREA 2

FORD RD AREA 1

MICH AVE AREA 2

MICH AVE AREA 1

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POTENTIAL DEVELOPMENT AREA 36

Ford Road Area 1

Town Center Inspired Retail Hub Concept Overview Target Users The Ford Road Retail District is positioned to attract and support a significant amount of new retail development.

Type Examples Anchor

Macy’s, Nordstrom

This area is in the heart of the District and is positioned directly across Ford Road from IKEA. The desirable development pattern is for a new town center style development that will serve as the premier shopping area in Canton, complement IKEA, and help define and elevate the brand of the growing District.

Clothing

Gap, Hollister Co, Forever 21, Ann Taylor, Abercrombie & Fitch, Eddie Bauer

Body Care/ Beauty Products

Bath & Body Works, Lush Cosmetics, GNC

Electronic/ Cell Phone

Apple, Verizon, AT&T, Radio Shack

Development Data

Office Supply

Office Max, Staples

Site area: +/- 17.4 acres

Shoe Store

Puma, Foot Locker, Lady Foot Locker, Red Wing Shoes, Nine West, Sketchers

Home Decor/ Housewares

Pottery Barn, West Elm, Pier 1 Imports, Crate & Barrel, Bed, Bath & Beyond

Accessories

Coach, Dakota Watch Company, Claire’s, Brighton Collectibles

Golf

Golf Galaxy, Special Tee Golf

Miscellaneous

Brookstone, Barnes & Noble, White Barn Candle Co, Wiliams-Sonoma, Tinder Box, Build-A-Bear Workshop, Hallmark, Trader Joes, Whole Foods, Lids

Restaurants

Panera Bread, Cosi, Texas De Brazil, Bone Fish Grill, P.F. Changs, Chipotle, Panda Express, Abuelo’s, Cheesecake Factory

Parking # Use Area ratio count A. Mixed Use 181,900 sf 1/250 (728) B. Restaurant 23,900 sf 1/65 (+/- 394) 1193 C. Parking Garage


Ford Road

A

B

A

A

A

C

A

A

B

A

Haggerty Road

B

A

A A

B

B

N

37


POTENTIAL DEVELOPMENT AREA 38

Ford Road Area 2

Mixed-Use Center in the Heart of It All Concept Overview

Target Users

This area is envisioned as a vibrant master planned development that supports a variety of uses. Entertainment and retail are carefully integrated and arranged around public spaces that will help to maintain and elevate real-estate values and create a sense of vitality in the area.

Type Examples Restaurants

Panera Bread, Cosi, Texas De Brazil, Bone Fish Grill, P.F. Changs, Chipotle, Panda Express, Abuelo’s, Cheesecake Factory

The proposed concept is organized in three distinct phases including retail and entertainment, professional office, and residential. Whether developed as a whole or in individual phases, this area has tremendous potential to build on the economic success of the Ford Road Retail District and neighboring IKEA.

Office

A plan for flexible professional office space (real estate, law, medical/dental, design firms, etc.)

Residential

High-end multifamily apartments/ townhomes with world class amenities that attract the creative class and baby boomers

Development Data Site area: +/- 80.0 acres Parking # Use Area ratio count A. Restaurant 32,000 sf 1/65 (+/- 570) B. Retail 23,580 sf 1/150 (157) C. Mixed Use 43,200 sf 1/200 (216) D. Office 133,200 sf 1/200 (667) +/- 1700 Provided E. Res. - MF 7.0 ac. -F. Res. - SF 18.3 ac. --

Retail Target Users Body Care / Beauty Products Electonic/ Cell Phone Office Supply

Gap, Hollister Co, Forever 21, Ann Taylor, Abercrombie & Fitch, Eddie Bauer Apple, Verizon, AT&T, Radio Shack Office Max, Staples

Home Decore / Homewares

Pottery Barn, West Elm, Pier 1 Imports, Crate & Barrel, Bed, Bath & Beyond

Golf

Golf Galaxy, Special Tee Golf

Miscellaneous

Brookstone, Barnes & Noble, White Barn Candle Co, Wiliams-Sonoma, Tinder Box, Build-A-Bear Workshop, Hallmark, Trader Joes, Whole Foods, Lids


Greenwood Driv e North Lilley Road

D

F

D

E D

F

D

C

E

d or

nf

Ha Willow Creek Drive

E

A

A

A B

ad Ro

Fernwood Street

F

B

B C

D

A

Ford Road

E

F

B

N

39


POTENTIAL DEVELOPMENT AREA 40

Michigan Road Area 1

Flexible Tech Center with Opportunities to Concept Overview

Target Users

Michigan Avenue is well suited for flex-space development. The Potential Development Area is approximately 36.5 acres and sits within the center of the corridor.

Type Examples

The site is suitable to grow a ‘tech center’ campus with a variety of users. As outlined here, the concept would integrate a variety of spaces to allow for step-up expansion within the existing campus. This would allow companies with the research and development, and light industrial industries to take their company through a business life cycle without leaving the campus.

Development Incentives • •

Flexible zoning Personal and real property abatements

Development Data Site area: +/- 36.5 acres Parking # Use Area ratio count A. Light Industry 181,900 sf 1/550 (+/- 297) B. Office 23,580 sf 1/250 (291) +/- 628 Provided

Research + Development

Pharmaceutical, medical, laboratory testing, solar, battery, automotive, industrial processes, computer hardware and software

Light Manufacturing + Services

Printing, construction, fl ooring, mattress, interior design, electric supply, furniture, lawn and garden, granite and marble

Wholesale + Distribution

Trucking, shipping, distribution, internet retail, logistics

Sports + Recreation

Batting cages, trampoline house, indoor sports


B A

A+B

South Morton Taylor Road

A+B

A+B

A

A B

B

ue

Michigan Aven

N

41


POTENTIAL DEVELOPMENT AREA 42

Michigan Road Area 2

Automotive Focus Balanced With a Mix of Uses Concept Overview

Target Users

An automotive cluster is growing in Canton. This Potential Development Area is well-positioned to attract a full-service automotive dealership to an area with high-visibility, supported by a variety of ancillary automotive uses in the corridor.

Type Examples

Balance this opportunity with the ability to integrate medical and/or educational uses on the site, and retail outparcels on South Canton Center Road, and you have a mixed-use program that can adapt to a variety of market opportunities.

Development Data Site area: +/- 15.6 acres Parking # Use Area ratio count A. Auto Retail 31,000 sf -- -B. Medical 30,600 sf 1/200 (153) C. Restaurant 11,000 sf 1/65 (+/- 184) +/- 347 Provided

Automotive Retail

Car dealership, automotive sales and repair

Medical Office

Dental, Eye Care, Speech and Hearing, Physical Therapy, Imaging, Chiropractic

Restaurants

Panera Bread, Cosi, Texas De Brazil, Bone Fish Grill, P.F. Changs, Chipotle, Panda Express, Abuelo’s, Cheesecake Factory


Old Canton Center Road

C

th

Sou nC en

Ca nto

B

C B B

B B A

ue

Mi ven an A g i h c

N 43

ter Ro ad


Home

LIVING

SAFE

INNOVATION

BUILDING

COMMUNITY

PLACE

SHOPPING

Parks SERVICES

RECREATION PLAY ENJOY

We’ve got it!

FORWARD

Green

ENJOY PEACEFUL

PROGRAMS

EVENTS

PLAN

44

Document Prepared By:

Canton Economic Development Kristen Thomas Economic Development Manager 734-394-5229


City of canton final draft