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SHOPPING “I chose to open a business in downtown Raleigh because I’ve always loved the vibe of downtown. DTR is a vibrant, friendly, and diverse community. It’s busy and familiar. There is a healthy mix of new and growing retail as well as several established businesses. I feel that opening a business downtown is a worthwhile investment.” –CHRISTINE BRENNER, READ WITH ME

46 % GROWTH

Growth in its retail base since 2010, largest growth in any storefront use for downtown¹

40

New stores opened in downtown since 2014¹

94% of stores in downtown Raleigh are locally owned.1

7.3% 11 stores awarded retail up-fit grants from DRA since 2015

VACANCY RATE for leasable downtown retail space¹

230,000 square feet of ground floor retail space planned or under construction

$204 million in future potential retail spending by downtown residents, workers, and visitors2

GROCERY STORES As downtown gains more and more residents, over the next two years downtown Raleigh will gain three new grocery stores with locally-owned Weaver Street Market and Saxapahaw General Store both opening in 2018 and national grocer Publix opening 2019.

¹DRA: Does not include food or beverage establishments 2HR&A

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2018 State of Downtown Raleigh Report  
2018 State of Downtown Raleigh Report