Last year the Downtown Partnership had a Downtown Retail Mix Analysis completed shedding light on our current mix of retail business downtown.
To access the complete study visit www.downtownchapelhill.com/studies. The study was written by Kyle Vangel & Sarah Osmer Vinas, UNC graduate students in the Department of City & Regional Planning.
With the current residential projects both recently completed and currently in the works there are several great opportunities to diversify downtown’s retail mix in the following retail markets:
It is well known that Downtown Chapel Hill is a great destination for foodies in the region, but our current levels of food options create a highly competitive market which lends itself to turnover for underperforming establishments.
This analysis only reflects retail analysis and doesn’t include office use, services, and many other types of space usage. The Chapel Hill Downtown Partnership is a resource to downtown property owners and managers as they seek new tenants or consider changing uses of existing space. For assistance please call 919-967-9440 or email firstname.lastname@example.org
Here is the full supply & demand analysis from the study.