|Market Study and Strategic Economic Development Plan for East Falls. The East Falls Development Corporation asked S. Huffman Associates to conduct a market study for retail commercial uses in this Philadelphia riverfront community, and to recommend the types of commercial uses which could be supported by its own residents as well as by people from neighboring and even regional communities. S. Huffman Associates interviewed merchants, residents, and shoppers to identify the problems and opportunities in the retail areas. The firm undertook an analysis of the demographics of the area, and compared the potential expenditures within the community to the outflow of retail dollars. A startling total of nine of every ten retail dollars was found to leave the neighborhood. Subsequent to the market study, which highlighted the areas potential, S. Huffman Associates developed a strategic plan to serve as a work program for the community in its revitalization efforts. This strategic economic development plan is serving as the Corporations blueprint for action in the redevelopment of its historic neighborhood center.
We recently drove through this emerging area, and this is what we saw. Were delighted to have had a part in it.
Souderton/Telford Revitalization Plan. The Montgomery County Boroughs of Souderton and Telford received funds for a joint revitalization plan under the County's Community Revitalization Program. S. Huffman Associates worked as a sub-consultant to Kise Straw & Kolodner, Inc., on this project, which focused on the historic commercial core of Souderton, and the newer, more auto oriented commercial core of Telford. S. Huffman Associates analyzed the retail market potential of these two communities, and discovered a substantial outflow of retail dollars to other communities. We also saw a distinct opportunity for a market niche for these communities in the arts. Since we left, the boroughs have moved forward by hiring a Main Street Manager under a joint board from both communities. In addition, Souderton has purchased a historic fire house to insure that the Montgomery Theater stays downtown to spearhead revitalization, and a farmers' market is in its second successful year in Telford. Their new web site will tell you all about it at Souderton-Telford Main Streets.org.
Potentials for the Redevelopment of the Borough of Lansdale. Shortly after the inception of Montgomery County's Community Revitalization Program, the Borough of Lansdale received funds to prepare a Community Revitalization Plan. An urban design firm was asked to address the physical issues which impact the quality of life in the Borough, and S. Huffman Associates was asked to focus on the economic issues that impact the redevelopment of two sites. The first of these sites is located near the newly renovated SEPTA station. The second site is further out, and is marked by older, under utilized small industrial and warehousing uses, as well as by some older residential development. S. Huffman Associates analyzed Lansdale's position and potentials in the regional economy, as well as its retailing and real estate characteristics. Recommendations were made on the types of industry, business, and retail users that would be likely to move into and succeed in the Borough.
Market for Commercial Development in Lansdowne. The Lansdowne Economic Development Corporation asked S. Huffman Associates to undertake a market study to determine the potential for commercial development in this inner ring suburb of Philadelphia. The study addressed the Borough's competitive position in relation to other commercial areas with which it competes, the types of goods and services that could best be sold or delivered in the Borough, and strategies that the Corporation could use to bring about revitalization in its community. The firm recommended that the Borough concentrate on increasing its daytime population in order to build a market for additional goods and services. Lansdale has since moved forward with a Redevelopment Plan to identify pedestrian and transportation improvements.
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