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Preliminary comparision of a medium-sized city\'s downtown retail versus other comparable cities
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Preliminary Comparison of Retail Businesses of Downtown Knoxville, TN with Other Selected Similar Cities
Compulsive Analysis Volume 4
George ScottFebruary, 2010
Editor’s Notes
Data from this abbreviated presentation is derived from: Reference USA drawn during February, 2010 US Census Bureau rankings of Metropolitan Statistical
Areas (MSA) in 2007 Comparison cities were selected to reflect similarities
to Knoxville, TN based on size of MSA and judgment of Researcher
Half-mile radius of 4 cities were chosen from original 16 detailed as a preliminary sample based on concentration of retail businesses as shown in data from MS MapPoint, version 2006
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Knoxville Downtown Area of Study(Half-mile Radius of Market Square)
Source: ReferenceUSA
Selected Downtown Comparisons
Source: ReferenceUSA
Comparison
The data from the half-mile radius of each of four comparison cities was averaged
Knoxville’s half-mile downtown radius numbers were then compared to these averages
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Most Pronounced Differences
These business groups are under-represented in Downtown Knoxville compared to the averaged retail business groups of the selected four cities
Source: ReferenceUSA
4 Selected Cities’ ½ Mile Radius Have an Average of This Many More Stores in These Retail Groups
Source: ReferenceUSA
Direct Comparison Knoxville to Averages of Selected Cities
None Operating in Downtown KnoxvilleArea of Study at this time
Source: ReferenceUSA
Preliminary Study Results Knoxville’s shortfall of Retail groups compared to other 4 cities:
Apparel Jewelry* Books & News Stands* Galleries Antiques & Used Items Taverns Hobby, Crafts, Toys Gifts & Cards Home Furnishings Sports Retail* Specialty Food Retail Food, Grocery, Convenience Stores
*Downtown Knoxville Study Radius has None at this time
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Extending study area will give a more complete picture of Downtown
Recommendation
1. Enlarge study area to 1-mile radius1. Compare to 6 similar cities2. Include other business groups (Services,
Manufacturing, etc.) 3. Compare demographics of residents (age,
number of residents, income, education) within 2-mile radius
2. Attract businesses using government incentives which meet criteria agreed upon by developers and community leaders (suggestions available on request)
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Notes
Previous presentations are available free on request. Previous Compulsive Analysis PowerPoints include:
Power generation by country and energy source International comparisons of selected Health Care statistics Review of US Congressional Lobbying and Overview of
Members’ Investments Please distribute any of these slides as you wish, with attribution
to GreenMarketResearch.net. Contact us to commission a detailed study on any subject. Email [email protected] to suggest additions
to the email distribution list or to be removed from this list.
-George Scott
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