Creating an aspirational plan for the reuse of the Wausau Center Mall - - PowerPoint PPT Presentation

▶

Dec 16, 2023 228 likes •373 views

Creating an aspirational plan for the reuse of the Wausau Center Mall October 2, 2018 Update Pla c e & Ma in Adviso rs & Arc hive DS Co ntra c te d b y WE DC Pha se 1 De mo g ra phic Ana lysis Co nc e ptua l Pla n &

SLIDE 1

Creating an aspirational plan for the reuse of the Wausau Center Mall October 2, 2018 Update

SLIDE 2

Pla c e & Ma in Adviso rs & Arc hive DS Co ntra c te d b y WE

DC

Pha se 1
De mo g ra phic Ana lysis
Co nc e ptua l Pla n & Visio ning
Pha se 2 – T

ime line T BD

Re ta il Ma rke t Ana lysis
Re side ntia l Ma rke t Ana lysis
Pro F
rma De ve lo pme nt
Urb a n De sig n Pla n

SLIDE 3

Da ytime Po pula tio n – 116%
Mo de st Ne t Gro wth in 20, 30, & 60 Min Ra dii
Ne t I

nc re a se in Se nio rs 65-84 o f

20 min: +2,310
30 min: +3,326
60 min: +9,311
Ne t De c re a se o f “Wo rking Ag e ” (Ag e s 20-64)
20 min: -944
30 min: -1,571
60 min: -6,288

SLIDE 4

Ne t g a ins in 25-34 & 35-44 a g e b ra c ke ts
35-44 L

a rg e st Ga ins

20 min: +612
30 min: +568
60 min: +1,739
Ho use ho ld I

nc o me Gro wth Stro ng

20 min: +15%
30 min: +14%
60 min: +9%

SLIDE 5

Ho using - Re nt
I

nc re dib ly a ffo rda b le (<13% o f inc o me )

L
w re nt ra te s
$1.49/ sq ft a ve ra g e

fo r no n-re stric te d

Ve ry fe w “Hig h E

nd” units

$975-$1,750/ mo nth
Wa lksc o re : 61

SLIDE 6

Ho using - Own
I

nc re a sing de ma nd fo r hig he r e nd ho using

SLIDE 7

SLIDE 8

Re ta il
L

a rg e re ta il g a p

Re g io n dra ws fro m o utside
Ove rb uilt re ta il e nviro nme nt

SLIDE 9

Re ta il
L

a rg e st o ppo rtunitie s:

Re sta ura nts/ Othe r E

a ting Pla c e s

Be e r, Wine & L

iq uo r Sto re s

Othe r Misc . Sto re Re ta ile rs
Je we lry, L

ug g a g e & L e a the r Go o ds

Use d Me rc ha ndise Sto re s

SLIDE 10

De mo g ra phic s
De ma nd fo r
Se nio r-T

a rg e te d

Yo ung Pro fe ssio na ls
L
w Re side ntia l Re nt Ra te s
Re nta l De ve lo pme nt mo re diffic ult
No t muc h in urb a n fo rma t

SLIDE 11

nc re a se in Ho using De ma nd/ Va lue s

Co ndo s
Re ta il
Nic he re ta il
Mix o f use s b e yo nd ho using & re ta il

SLIDE 12

SLIDE 13

Pha se 2
De ta ile d Ho using a nd Co mme rc ia l Ana lysis
Mo re spe c ific use s a nd b re a kdo wn
Numb e rs o f units, po te ntia l re nt ra te s
Dra ft Pro F
rma
Ma rke t fe a sib ility
De te rmina tio n if inc e ntive s a re ne c c e ssa ry
Re fine De sig n Co nc e pts Ba se d o n Ma rke t Da ta

SLIDE 14