HomeMy WebLinkAboutCommittee of the Whole Packet for 03/26/2018
AGENDA
Committee of the Whole Meeting
5:30 PM - Monday, March 26, 2018
7th Floor, Conferencing Center, 7th Floor, City Hall – 1055 S. Grady Way
1. Economic Development/Downtown Revitalization Update
a) Presentation
b) Retail Gap Analysis Report
2. Civic Core "Quick Wins" Recommendation on Implementation
a) Presentation
Community &
Economic
Development
Downtown Revitalization Update
Cliff Long, Director
Community & Economic Development
March 26, 2018 AGENDA ITEM #1. a)
Strengthening Partnerships
•A dedicated, well-funded, and efficient
downtown organization helps promote the Civic
Core and Downtown Vision and encourage new
businesses to locate in Downtown.
•The Renton Downtown Partnership merged
with Piazza Renton in November 2017.
•The Partnership is now an affiliate of the
Washington Main Street program. AGENDA ITEM #1. a)
Façade improvement
•Marketing the façade improvement
program to downtown property
owners
•Small façade grant program to
encourage sign improvements and
murals
AGENDA ITEM #1. a)
Small Business Support
•Help founders and small business owners
create more financially sustainable
companies
•Startup425 spring series begin Mondays in
April at the Renton Library
•Mindshare workspace in the Cortona
•Support existing businesses
•Improving storefronts and safety seminar in
May
•Sign Incentive program AGENDA ITEM #1. a)
Marketing through Arts,
Culture and History
•Placemaking
•Activating vacant store fronts
•Pop -ups & art installations
•Street Banners
•Utility Box Wraps
•Events
•Street Clean ups
•Summerfest
•Renton Wine Walk AGENDA ITEM #1. a)
Digital Marketing
Campaign
AGENDA ITEM #1. a)
Retail Master Plan
•Develop a master plan for the Civic Core and Downtown.
•Retail Attraction Strategy for Renton
•Identified Primary Retail Trade Area Gap/Opportunity Analysis
AGENDA ITEM #1. a)
PRIMARY
RETAIL TRADE
AREA
Renton,
Washington
AGENDA ITEM #1. a)
Prepared for
Community & Economic Development Department
March 2018
PRIMARY RETAIL TRADE AREA
GAP/OPPORTUNITY ANALYSIS
Renton, Washington AGENDA ITEM #1. b)
2
PRIMARY RETAIL TRADE AREA
Renton, Washington
Community & Economic Development Department | 1055 South Grady Way | Renton, Washington 98057 | 425.430.6591
clong@rentonwa.gov | www.rentonwa.gov
CLIFF LONG , ECONOMIC DEVELOPMENT DIRECTORCONTACT AGENDA ITEM #1. b)
3
SECTOR DESCRIPTION POTENTIAL SALES ACTUAL SALES *LEAKAGE/SURPLUS †LEAKAGE INDEX
44, 45, 722 Total retail trade including food and drinking places $6,971,343,483 $1,901,873,693 $5,069,469,790 0.27
441 Motor vehicle and parts dealers $856,143,548 $548,048,466 $308,095,082 0.64
4411 Automobile dealers $678,600,872 $499,653,435 $178,947,437 0.74
4412 Other motor vehicle dealers $93,491,064 $15,257,987 $78,233,077 0.16
4413 Automotive parts, accessories, and tire stores $84,051,612 $33,137,044 $50,914,568 0.39
442 Furniture and home furnishings stores $75,662,106 $213,576,946 -$137,914,840 2.82
4421 Furniture stores $37,520,184 $205,856,363 -$168,336,179 5.49
4422 Home furnishings stores $38,141,922 $7,720,583 $30,421,339 0.20
443 Electronics and appliance stores $73,786,685 $88,953,840 -$15,167,155 1.21
443141 Household appliance stores $12,709,412 $10,401,302 $2,308,110 0.82
443142 Electronics stores $61,077,273 $78,552,538 -$17,475,265 1.29
444 Building material and garden equipment and supplies dealers $303,179,679 $95,153,647 $208,026,032 0.31
4441 Building material and supplies dealers $266,696,112 $87,587,893 $179,108,219 0.33
44411 Home centers $135,701,136 $49,412,589 $86,288,547 0.36
44412 Paint and wallpaper stores $5,381,068 $1,195,639 $4,185,429 0.22
44413 Hardware stores $25,992,645 $6,260,447 $19,732,198 0.24
44419 Other building material dealers $99,621,262 $30,719,218 $68,902,044 0.31
4442 Lawn and garden equipment and supplies stores $36,483,567 $7,565,754 $28,917,813 0.21
44421 Outdoor power equipment stores $5,913,135 $3,450,019 $2,463,116 0.58
44422 Nursery, garden center, and farm supply stores $30,570,432 $4,115,735 $26,454,697 0.13
445 Food and beverage stores $645,648,294 $118,632,726 $527,015,568 0.18
4451 Grocery stores $583,055,384 $108,343,889 $474,711,495 0.19
44511 Supermarkets and other grocery (except convenience) stores $570,223,690 $106,200,675 $464,023,015 0.19
44512 Convenience stores $12,831,694 $2,143,214 $10,688,480 0.17
4452 Specialty food stores $16,982,903 $3,826,080 $13,156,823 0.23
4453 Beer, wine, and liquor stores $45,610,007 $6,462,757 $39,147,250 0.14
PRIMARY RETAIL TRADE AREA • GAP/OPPORTUNITY ANALYSIS
Renton, Washington
*Positive numbers denote leakage, negative numbers denote a surplus.
†A Leakage Index of greater than 1.0 means that the community retail sales include shoppers from outside the trade area (surplus). If the index is less than 1.0, the members of the
community are shopping outside of the community for their retail needs. AGENDA ITEM #1. b)
4
SECTOR DESCRIPTION POTENTIAL SALES ACTUAL SALES *LEAKAGE/SURPLUS †LEAKAGE INDEX
446 Health and personal care stores $176,268,951 $89,881,651 $86,387,300 0.51
44611 Pharmacies and drug stores $139,179,243 $68,886,569 $70,292,674 0.49
44612 Cosmetics, beauty supplies, and perfume stores $8,753,343 $8,199,814 $553,529 0.94
44613 Optical goods stores $8,509,612 $4,045,803 $4,463,809 0.48
44619 Other health and personal care stores $19,826,753 $8,749,465 $11,077,288 0.44
447 Gasoline stations $233,881,516 $23,746,743 $210,134,773 0.10
44711 Gasoline stations with convenience stores $176,300,825 $13,631,416 $162,669,409 0.08
44719 Other gasoline stations $57,580,691 $10,115,327 $47,465,364 0.18
448 Clothing and clothing accessories stores $165,029,003 $45,587,314 $119,441,689 0.28
4481 Clothing stores $123,889,630 $24,723,553 $99,166,077 0.20
44811 Men's clothing stores $3,105,776 $2,651,866 $453,910 0.85
44812 Women's clothing stores $15,552,785 $8,419,032 $7,133,753 0.54
44813 Children's and infants' clothing stores $5,673,394 $1,905,180 $3,768,214 0.34
44814 Family clothing stores $82,596,870 $6,394,299 $76,202,571 0.08
44815 Clothing accessories stores $5,813,351 $4,526,622 $1,286,729 0.78
44819 Other clothing stores $11,147,455 $826,554 $10,320,901 0.07
4482 Shoe stores $23,835,881 $10,158,446 $13,677,435 0.43
4483 Jewelry, luggage, and leather goods stores $17,303,491 $10,705,315 $6,598,176 0.62
44831 Jewelry stores $16,124,018 $9,956,032 $6,167,986 0.62
44832 Luggage and leather goods stores $1,179,474 $749,283 $430,191 0.64
451 Sporting goods, hobby, musical instrument, and book stores $72,311,347 $24,116,500 $48,194,847 0.33
4511 Sporting goods, hobby, and musical instrument stores $61,442,473 $23,895,735 $37,546,738 0.39
45111 Sporting goods stores $36,589,740 $18,467,412 $18,122,328 0.50
45112 Hobby, toy, and game stores $14,886,465 $3,947,614 $10,938,851 0.27
45113 Sewing, needlework, and piece goods stores $5,902,186 $1,480,709 $4,421,477 0.25
45114 Musical instrument and supplies stores $4,064,081 $0 $4,064,081 0.00
4512 Book stores and news dealers $10,868,874 $220,765 $10,648,109 0.02
PRIMARY RETAIL TRADE AREA • GAP/OPPORTUNITY ANALYSIS
Renton, Washington
*Positive numbers denote leakage, negative numbers denote a surplus.
†A Leakage Index of greater than 1.0 means that the community retail sales include shoppers from outside the trade area (surplus). If the index is less than 1.0, the members of the
community are shopping outside of the community for their retail needs. AGENDA ITEM #1. b)
5
PRIMARY RETAIL TRADE AREA • GAP/OPPORTUNITY ANALYSIS
Renton, Washington
SECTOR DESCRIPTION POTENTIAL SALES ACTUAL SALES *LEAKAGE/SURPLUS †LEAKAGE INDEX
452 General merchandise stores $699,095,391 $218,667,677 $480,427,714 0.31
4522 Department stores $99,094,439 $20,195,800 $78,898,639 0.20
4523 Other general merchandise stores $600,000,952 $198,471,877 $401,529,075 0.33
453 Miscellaneous store retailers $108,929,912 $68,946,462 $39,983,450 0.63
4531 Florists $2,832,619 $1,398,475 $1,434,144 0.49
4532 Office supplies, stationery, and gift stores $18,354,269 $10,395,550 $7,958,719 0.57
45321 Office supplies and stationery stores $9,904,252 $5,910,164 $3,994,088 0.60
45322 Gift, novelty, and souvenir stores $8,450,017 $4,485,386 $3,964,631 0.53
4533 Used merchandise stores $27,233,272 $15,242,110 $11,991,162 0.56
4539 Other miscellaneous store retailers $60,509,752 $41,910,327 $18,599,425 0.69
45391 Pet and pet supplies stores $15,797,641 $11,577,007 $4,220,634 0.73
45399 All other miscellaneous store retailers $44,712,111 $30,333,320 $14,378,791 0.68
454 Non-store retailers $2,918,639,839 $97,795,354 $2,820,844,485 0.03
722 Food services and drinking places $642,767,214 $268,766,367 $374,000,847 0.42
7223 Special food services $52,834,682 $4,213,032 $48,621,650 0.08
7224 Drinking places (alcoholic beverages)$27,360,521 $21,243,790 $6,116,731 0.78
7225 Restaurants and other eating places $562,572,010 $243,309,545 $319,262,465 0.43
722511 Full-service restaurants $288,044,434 $107,444,348 $180,600,086 0.37
722513 Limited-service restaurants $211,080,716 $129,816,716 $81,264,000 0.62
722514 Cafeterias, grill buffets, and buffets $5,317,805 $2,137,949 $3,179,856 0.40
722515 Snack and nonalcoholic beverage bars $58,129,055 $3,910,532 $54,218,523 0.07
*Positive numbers denote leakage, negative numbers denote a surplus.
†A Leakage Index of greater than 1.0 means that the community retail sales include shoppers from outside the trade area (surplus). If the index is less than 1.0, the members of the
community are shopping outside of the community for their retail needs. AGENDA ITEM #1. b)
6
DESCRIPTION DATA %
Population
2023 Projection 290,982
2018 Estimate 270,841
2010 Census 236,880
2000 Census 206,061
Growth 2018 - 2023 7.44%
Growth 2010 - 2018 14.34%
Growth 2000 - 2010 14.96%
2018 Est. Population by Single-Classification Race 270,841
White Alone 119,859 44.25%
Black or African American Alone 39,720 14.67%
Amer. Indian and Alaska Native Alone 1,635 0.60%
Asian Alone 76,800 28.36%
Native Hawaiian and Other Pacific Island Alone 2,459 0.91%
Some Other Race Alone 12,881 4.76%
Two or More Races 17,487 6.46%
2018 Est. Population by Hispanic or Latino Origin 270,841
Not Hispanic or Latino 241,847 89.30%
Hispanic or Latino 28,993 10.71%
Mexican 21,058 72.63%
Puerto Rican 1,081 3.73%
Cuban 360 1.24%
All Other Hispanic or Latino 6,495 22.40%
DESCRIPTION DATA %
2018 Est. Hisp. or Latino Pop by Single-Class. Race 28,993
White Alone 11,778 40.62%
Black or African American Alone 811 2.80%
American Indian and Alaska Native Alone 494 1.70%
Asian Alone 528 1.82%
Native Hawaiian and Other Pacific Islander Alone 126 0.44%
Some Other Race Alone 12,385 42.72%
Two or More Races 2,872 9.91%
2018 Est. Pop by Race, Asian Alone, by Category 76,800
Chinese, except Taiwanese 18,992 24.73%
Filipino 16,184 21.07%
Japanese 4,006 5.22%
Asian Indian 5,954 7.75%
Korean 2,569 3.35%
Vietnamese 17,504 22.79%
Cambodian 2,014 2.62%
Hmong 229 0.30%
Laotian 3,564 4.64%
Thai 348 0.45%
All Other Asian Races Including 2+ Category 5,436 7.08%
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILE
Renton, Washington
AGENDA ITEM #1. b)
7
DESCRIPTION DATA %
2018 Est. Population by Ancestry 270,841
Arab 1,072 0.40%
Czech 551 0.20%
Danish 1,158 0.43%
Dutch 1,716 0.63%
English 10,659 3.94%
French (except Basque)2,630 0.97%
French Canadian 1,170 0.43%
German 17,465 6.45%
Greek 549 0.20%
Hungarian 528 0.20%
Irish 10,084 3.72%
Italian 5,110 1.89%
Lithuanian 241 0.09%
United States or American 6,914 2.55%
Norwegian 6,629 2.45%
Polish 2,622 0.97%
Portuguese 269 0.10%
Russian 1,484 0.55%
Scottish 2,603 0.96%
Scotch-Irish 1,763 0.65%
Slovak 71 0.03%
Subsaharan African 9,027 3.33%
Swedish 3,193 1.18%
Swiss 365 0.14%
Ukrainian 2,988 1.10%
Welsh 873 0.32%
West Indian (except Hisp. groups)484 0.18%
Other ancestries 143,742 53.07%
Ancestry Unclassified 34,883 12.88%
DESCRIPTION DATA %
2018 Est. Pop Age 5+ by Language Spoken At Home
Speak Only English at Home 160,441 63.53%
Speak Asian/Pacific Island Language at Home 50,803 20.12%
Speak IndoEuropean Language at Home 14,072 5.57%
Speak Spanish at Home 18,475 7.32%
Speak Other Language at Home 8,754 3.47%
2018 Est. Population by Age 270,841
Age 0 - 4 18,296 6.76%
Age 5 - 9 18,124 6.69%
Age 10 - 14 16,829 6.21%
Age 15 - 17 9,513 3.51%
Age 18 - 20 8,698 3.21%
Age 21 - 24 11,862 4.38%
Age 25 - 34 39,963 14.76%
Age 35 - 44 40,091 14.80%
Age 45 - 54 37,306 13.77%
Age 55 - 64 33,600 12.41%
Age 65 - 74 22,538 8.32%
Age 75 - 84 9,946 3.67%
Age 85 and over 4,075 1.51%
Age 16 and over 214,476 79.19%
Age 18 and over 208,079 76.83%
Age 21 and over 199,381 73.62%
Age 65 and over 36,560 13.50%
2018 Est. Median Age 38.00
2018 Est. Average Age 38.39
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILE
Renton, Washington
AGENDA ITEM #1. b)
8
DESCRIPTION DATA %
2018 Est. Population by Sex 270,841
Male 134,071 49.50%
Female 136,770 50.50%
2018 Est. Male Population by Age 134,071
Age 0 - 4 9,344 6.97%
Age 5 - 9 9,213 6.87%
Age 10 - 14 8,492 6.33%
Age 15 - 17 4,837 3.61%
Age 18 - 20 4,477 3.34%
Age 21 - 24 6,092 4.54%
Age 25 - 34 20,211 15.08%
Age 35 - 44 19,944 14.88%
Age 45 - 54 18,738 13.98%
Age 55 - 64 16,406 12.24%
Age 65 - 74 10,422 7.77%
Age 75 - 84 4,443 3.31%
Age 85 and over 1,453 1.08%
2018 Est. Median Age, Male 37.17
2018 Est. Average Age, Male 37.56
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILE
Renton, Washington
DESCRIPTION DATA %
2018 Est. Female Population by Age 136,770
Age 0 - 4 8,952 6.55%
Age 5 - 9 8,911 6.52%
Age 10 - 14 8,337 6.10%
Age 15 - 17 4,675 3.42%
Age 18 - 20 4,221 3.09%
Age 21 - 24 5,770 4.22%
Age 25 - 34 19,753 14.44%
Age 35 - 44 20,146 14.73%
Age 45 - 54 18,568 13.58%
Age 55 - 64 17,194 12.57%
Age 65 - 74 12,116 8.86%
Age 75 - 84 5,504 4.02%
Age 85 and over 2,622 1.92%
2018 Est. Median Age, Female 38.83
2018 Est. Average Age, Female 39.19
2018 Est. Pop Age 15+ by Marital Status
Total, Never Married 72,063 33.12%
Males, Never Married 38,962 17.91%
Females, Never Married 33,101 15.21%
Married, Spouse present 99,742 45.84%
Married, Spouse absent 12,080 5.55%
Widowed 10,164 4.67%
Males Widowed 2,357 1.08%
Females Widowed 7,807 3.59%
Divorced 23,542 10.82%
Males Divorced 9,610 4.42%
Females Divorced 13,932 6.40%AGENDA ITEM #1. b)
9
DESCRIPTION DATA %
2018 Est. Pop Age 25+ by Edu. Attainment
Less than 9th grade 12,106 6.5%
Some High School, no diploma 11,278 6.0%
High School Graduate (or GED)40,590 21.6%
Some College, no degree 38,852 20.7%
Associate Degree 16,576 8.8%
Bachelor’s Degree 46,200 24.6%
Master’s Degree 15,946 8.5%
Professional School Degree 3,271 1.7%
Doctorate Degree 2,701 1.4%
2018 Est. Pop Age 25+ by Edu. Attain., Hisp./Lat.
No High School Diploma 5,592 35.24%
High School Graduate 4,349 27.41%
Some College or Associate’s Degree 3,639 22.93%
Bachelor’s Degree or Higher 2,287 14.41%
Households
2023 Projection 106,303
2018 Estimate 99,295
2010 Census 87,927
2000 Census 77,923
Growth 2018 - 2023 7.06%
Growth 2010 - 2018 12.93%
Growth 2000 - 2010 12.84%
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILE
Renton, Washington
DESCRIPTION DATA %
2018 Est. Households by Household Type 99,295
Family Households 65,685 66.15%
Nonfamily Households 33,610 33.85%
2018 Est. Group Quarters Population 2,095
2018 Households by Ethnicity, Hispanic/Latino 7,652
2018 Est. Households by Household Income 99,295
Income < $15,000 7,084 7.13%
Income $15,000 - $24,999 5,919 5.96%
Income $25,000 - $34,999 6,726 6.77%
Income $35,000 - $49,999 10,470 10.54%
Income $50,000 - $74,999 15,919 16.03%
Income $75,000 - $99,999 13,997 14.10%
Income $100,000 - $124,999 11,530 11.61%
Income $125,000 - $149,999 8,415 8.48%
Income $150,000 - $199,999 8,911 8.97%
Income $200,000 - $249,999 4,397 4.43%
Income $250,000 - $499,999 4,180 4.21%
Income $500,000+1,748 1.76%
2018 Est. Average Household Income $105,370
2018 Est. Median Household Income $80,963 AGENDA ITEM #1. b)
10
DESCRIPTION DATA %
2018 Median HH Inc. by Single-Class. Race or Eth.
White Alone $88,141
Black or African American Alone $51,231
American Indian and Alaska Native Alone $61,420
Asian Alone $91,297
Native Hawaiian and Other Pacific Islander Alone $83,076
Some Other Race Alone $47,948
Two or More Races $86,804
Hispanic or Latino $54,419
Not Hispanic or Latino $83,572
2018 Est. Family HH Type by Presence of Own Child.65,685
Married-Couple Family, own children 21,219 32.30%
Married-Couple Family, no own children 26,165 39.83%
Male Householder, own children 2,403 3.66%
Male Householder, no own children 3,060 4.66%
Female Householder, own children 6,932 10.55%
Female Householder, no own children 5,905 8.99%
2018 Est. Households by Household Size 99,295
1-person 25,287 25.47%
2-person 30,358 30.57%
3-person 16,948 17.07%
4-person 13,881 13.98%
5-person 6,782 6.83%
6-person 3,230 3.25%
7-or-more-person 2,808 2.83%
2018 Est. Average Household Size 2.71
DESCRIPTION DATA %
2018 Est. Households by Presence of People Under 18 99,295
Households with 1 or More People under Age 18:34,111 34.35%
Married-Couple Family 22,599 66.25%
Other Family, Male Householder 2,962 8.68%
Other Family, Female Householder 8,180 23.98%
Nonfamily, Male Householder 278 0.82%
Nonfamily, Female Householder 92 0.27%
Households with No People under Age 18:65,184 65.65%
Married-Couple Family 24,793 38.04%
Other Family, Male Householder 2,482 3.81%
Other Family, Female Householder 4,661 7.15%
Nonfamily, Male Householder 16,495 25.31%
Nonfamily, Female Householder 16,753 25.70%
2018 Est. Households by Number of Vehicles 99,295
No Vehicles 6,487 6.53%
1 Vehicle 30,579 30.80%
2 Vehicles 38,627 38.90%
3 Vehicles 16,218 16.33%
4 Vehicles 5,026 5.06%
5 or more Vehicles 2,358 2.38%
2018 Est. Average Number of Vehicles 1.92
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILE
Renton, Washington
AGENDA ITEM #1. b)
11
DESCRIPTION DATA %
Family Households
2023 Projection 70,283
2018 Estimate 65,685
2010 Census 58,245
2000 Census 52,140
Growth 2018 - 2023 7.00%
Growth 2010 - 2018 12.77%
Growth 2000 - 2010 11.71%
2018 Est. Families by Poverty Status 65,685
2018 Families at or Above Poverty 60,334 91.85%
2018 Families at or Above Poverty with Children 29,027 44.19%
2018 Families Below Poverty 5,351 8.15%
2018 Families Below Poverty with Children 3,865 5.88%
2018 Est. Pop 16+ by Employment Status 214,476
Civilian Labor Force, Employed 139,251 64.93%
Civilian Labor Force, Unemployed 8,861 4.13%
Armed Forces 179 0.08%
Not in Labor Force 66,185 30.86%
2018 Est. Civ. Employed Pop 16+ by Class of Worker 137,399
For-Profit Private Workers 97,500 70.96%
Non-Profit Private Workers 11,729 8.54%
Local Government Workers 3,108 2.26%
State Government Workers 5,844 4.25%
Federal Government Workers 8,334 6.07%
Self-Employed Workers 10,609 7.72%
Unpaid Family Workers 275 0.20%
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILE
Renton, Washington
DESCRIPTION DATA %
2018 Est. Civ. Employed Pop 16+ by Occupation 137,399
Architect/Engineer 4,016 2.92%
Arts/Entertainment/Sports 2,625 1.91%
Building Grounds Maintenance 5,731 4.17%
Business/Financial Operations 7,948 5.79%
Community/Social Services 2,150 1.57%
Computer/Mathematical 7,186 5.23%
Construction/Extraction 5,446 3.96%
Education/Training/Library 6,524 4.75%
Farming/Fishing/Forestry 665 0.48%
Food Prep/Serving 8,501 6.19%
Health Practitioner/Technician 6,921 5.04%
Healthcare Support 3,494 2.54%
Maintenance Repair 3,753 2.73%
Legal 1,486 1.08%
Life/Physical/Social Science 857 0.62%
Management 14,663 10.67%
Office/Admin. Support 16,531 12.03%
Production 8,269 6.02%
Protective Services 1,739 1.27%
Sales/Related 12,773 9.30%
Personal Care/Service 6,856 4.99%
Transportation/Moving 9,266 6.74%
2018 Est. Pop 16+ by Occupation Classification 137,399
White Collar 83,679 60.90%
Blue Collar 26,733 19.46%
Service and Farm 26,986 19.64%AGENDA ITEM #1. b)
12
DESCRIPTION DATA %
2018 Est. Workers Age 16+ by Transp. to Work 134,808
Drove Alone 95,282 70.68%
Car Pooled 15,778 11.70%
Public Transportation 13,331 9.89%
Walked 2,135 1.58%
Bicycle 588 0.44%
Other Means 1,819 1.35%
Worked at Home 5,876 4.36%
2018 Est. Workers Age 16+ by Travel Time to Work
Less than 15 Minutes 17,174
15 - 29 Minutes 46,528
30 - 44 Minutes 36,970
45 - 59 Minutes 15,034
60 or more Minutes 13,556
2018 Est. Avg Travel Time to Work in Minutes 33.62
2018 Est. Occupied Housing Units by Tenure 99,295
Owner Occupied 61,971 62.41%
Renter Occupied 37,324 37.59%
2018 Owner Occ. HUs: Avg. Length of Residence 14.75
2018 Renter Occ. HUs: Avg. Length of Residence 5.81
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILE
Renton, Washington
DESCRIPTION DATA %
2018 Est. Owner-Occupied Housing Units by Value 99,295
Value Less than $20,000 958 1.55%
Value $20,000 - $39,999 812 1.31%
Value $40,000 - $59,999 699 1.13%
Value $60,000 - $79,999 303 0.49%
Value $80,000 - $99,999 316 0.51%
Value $100,000 - $149,999 1,302 2.10%
Value $150,000 - $199,999 2,476 4.00%
Value $200,000 - $299,999 11,387 18.38%
Value $300,000 - $399,999 15,081 24.34%
Value $400,000 - $499,999 11,468 18.51%
Value $500,000 - $749,999 10,718 17.30%
Value $750,000 - $999,999 4,008 6.47%
Value $1,000,000 or $1,499,999 1,368 2.21%
Value $1,500,000 or $1,999,999 373 0.60%
Value $2,000,000+702 1.13%
2018 Est. Median All Owner-Occupied Housing Value $383,740
2018 Est. Housing Units by Units in Structure
1 Unit Attached 66,474 63.10%
1 Unit Detached 3,568 3.39%
2 Units 1,918 1.82%
3 or 4 Units 4,074 3.87%
5 to 19 Units 13,313 12.64%
20 to 49 Units 5,683 5.39%
50 or More Units 7,850 7.45%
Mobile Home or Trailer 2,346 2.23%
Boat, RV, Van, etc.126 0.12%AGENDA ITEM #1. b)
13
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILE
Renton, Washington
DESCRIPTION DATA %
2018 Est. Housing Units by Year Structure Built
Housing Units Built 2014 or later 9,403 8.93%
Housing Units Built 2010 to 2014 2,250 2.14%
Housing Units Built 2000 to 2009 16,601 15.76%
Housing Units Built 1990 to 1999 13,517 12.83%
Housing Units Built 1980 to 1989 14,635 13.89%
Housing Units Built 1970 to 1979 13,230 12.56%
Housing Units Built 1960 to 1969 14,607 13.87%
Housing Units Built 1950 to 1959 9,520 9.04%
Housing Units Built 1940 to 1949 5,611 5.33%
Housing Unit Built 1939 or Earlier 5,979 5.68%
2018 Est. Median Year Structure Built 1983
AGENDA ITEM #1. b)
14
Providing more than simple data reports of psychographic and demographic trends, The Retail Coach
goes well beyond other retail consulting and market research firms’ offerings by combining current national
and statewide demographics and trend data with real-world, “on-the-ground” data gathered through
extensive visits within our clients’ communities.
Every community is different, and there is no “one size fits all” retail recruitment solution. Compiling the
gathered data into client-tailored information packets that are uniquely designed for, and targeted to,
specific retailers and restaurants who meet the community’s needs helps assure our clients that they
are receiving the latest and best information for their retail recruitment efforts—all with personal service
and coaching guidance that continues beyond the initial project scope and timeline.
Our Retail360® process assures that communities get timely, accurate and relevant information.
Translating that data into the information that retailers need and seek assures our clients even better
possibilities for tremendous retail growth and success.
C. Kelly Cofer
President & CEO
The Retail Coach, LLC
The Retail Coach, LLC, is a national retail analytics and locational intelligence firm that specializes in all aspects
of retail market analyses and recruitment, from “macro to micro” trade area assessment to actively recruiting
retailers on behalf of our clients.
Through its unique Retail360® process, The Retail Coach offers a dynamic system of products and services that
better enable communities to maximize their retail development potential.
ABOUT THE RETAIL COACH
The Retail Coach –“It’s not about data. It’s about your success.”
P.O. Box 7272 | Tupelo, MS 38802 | 800.851.0962 | info@theretailcoach.net | www.theretailcoach.net
®AGENDA ITEM #1. b)
15
ACKNOWLEDGEMENTS
The observations, conclusions and recommendations contained in this study are solely those of The Retail Coach, LLC and should not be
construed to represent the opinions of others, including its clients, or any other entity prior to such entity’s express approval of this study.
All information furnished is from sources deemed reliable and is submitted subject to errors, omissions, change of terms and/or conditions.
Sources used in completing this study include: infoUSA™, Applied Geographic Solutions, Environics Analytics 2018, ESRI 2017, U.S. Census
Bureau, Economy.com, Spatial Insights Inc., Urban Land Institute, CensusViewer.com, International Council of Shopping Centers, and/or U.S.
Bureau of Labor and Statistics.
To better represent current data, where applicable, portions of estimated actual sales may be calculated using an average sales per square
foot model.
Mapping data is provided by MapInfo, Nielsen, ESRI and/or Microsoft Corporation.
All information furnished is from sources deemed reliable and is submitted subject to errors, omissions, change of terms and/or conditions.
P.O. Box 7272 | Tupelo, MS 38802 | 800.851.0962 | info@theretailcoach.net | www.theretailcoach.net AGENDA ITEM #1. b)
•Committee of the Whole
•March 26, 2018
Civic Core "Quick Wins"
Recommendation on Implementation
AGENDA ITEM #2. a)
Tonight’s Presentation:
1.Civic Core "Quick Wins" Recommendation on Implementation
1.2018 objectives with current resources
2.2019 goals with budget requirements
•Multiple partners for most projects
•Not all projects are City led
History:
On December 11, 2017 and January 8, 2018, City staff and consultant briefed the Committee of the Whole (COW) on the draft Renton Downtown Civic Core Vision and Action Plan.
Council adopted the Renton Downtown Civic Core Vision and Action Plan on January 8, 2018.AGENDA ITEM #2. a)
Organizational Strategies
Short-term:
•Downtown manager $
•Liaison for downtown organizations & businesses
•Downtown advocate
•Business recruitment
•Redevelopment efforts
•Strengthen existing downtown organization
•Marketing downtown
•Event coordination
•Executive director $
•Main Street Program, tax credit AGENDA ITEM #2. a)
Design and Development Strategies
•Integrate art into Civic Core $
•Mural Program
•Pop -Up activation of store fronts
•Identify Art Spaces & empty storefronts for art/pop-ups
•Arts outreach plan
•Performing arts program
•Provide active and engaging public spaces
•Parklets (1-2) (identified as “streateries” in
the adopted Downtown Streetscape Design)$
•Redevelop Big 5 lot
•Developer solicitation (RFP)
•Retail master plan
•Incl. vision and assessment of needs AGENDA ITEM #2. a)
Improve urban design to encourage
strolling
•Pedestrian scale wayfinding $
•Façade improvements
•Window transparency requirements
•Market Façade Program
•Sign incentive program
•Downtown Streetscape Design Standards and Guidelines
•Initiate a demonstration block program in Downtown on S. 3rd St that prioritizes planned actions into a concentrated one-or two -block district $
•Pilot program for food cart pod & revise code
•Use Parking Garage more effectively
•Market Parking Garage Rooftop Events $AGENDA ITEM #2. a)
Transit Strategies
•Restructure Transit Route 101 to start and end at
South Renton Park & Ride while serving Downtown
Renton area on its way to and from Downtown
Seattle
•Close Logan Ave south of Transit Street for events AGENDA ITEM #2. a)
Future Capital Projects
•Acquire & develop extension of Burnett Linear Park North from S. 2nd St to the existing Burnett Linear Park North Boundary $
•Piazza master plan (including Pavilion) $
•Implement River Streets (Wells & Williams) to provide linear connections to the Cedar River & Park spaces $
•Begin engineering on Renton Connector (S 2nd and S 3rd) $AGENDA ITEM #2. a)
AGENDA ITEM #2. a)
AGENDA ITEM #2. a)
AGENDA ITEM #2. a)
AGENDA ITEM #2. a)
Conclusion
The departments of CED, Community Services and
Public Works will work to implement Quick Wins that
have been identified in 2018 with existing resources.
Longer term projects, and those requiring additional
resources, will be considered by Renton City Council
in future budget deliberations.AGENDA ITEM #2. a)