West 7th Street & Montgomery Plaza:

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Presentation transcript:

West 7th Street & Montgomery Plaza: Arched TCU logos should be limited to one style per poster – copy and paste the preferred logo and delete the others West 7th Street & Montgomery Plaza: An Analysis of Fort Worth’s Cultural District George Young, Urban and Business GIS, Texas Christian University Abstract An Analysis was conducted over the West 7th/Montgomery Plaza area to find: How the area correlates with Tarrant County’s projected population growth from 2015-2020 Correlation between the percent change from 2005-2040 in Households and Employment The year the buildings in the area of interest were built Any correlation between the area’s retail market and Tarrant County’s annual consumer apparel & services spendings Traffic interval visualization from the area of interest Households and Employment The growth rates across Tarrant County are substantial so it comes as no surprise that there is a high correlation between the employment percent change and household percent change from 2005-2040. Consumer Retail Spendings Thanks to it’s proximity to high income/high spending districts as well as West 7th’s/ Montgomery Plaza’s retail popularity and market size, the correlation with apparel & services spendings is significant. Statistical Observations *Data generated by Business Analyst Online over Montgomery Plaza/West 7th area and formatted using Microsoft Paint Population Change The area’s proximity to the highest growth district (5.36%) is substantial and can be attributed to Montgomery Plaza/West 7th’s high number of renter occupied housing (433), it’s favorable retail market and popular restaurants and bars. Proximity to downtown and high income neighborhoods such as Rivercrest and Westover Hills factor as well. Construction The development of the area has been pivotal for the city’s rise in population, spendings, income, employment and popularity. The completion of shopping centers, apartments, retail, and bars and restaurants from 2007-2013 has been the largest contributor to the area and surrounding districts’ economic and demographic trends. Traffic Analysis Going further, an analysis was conducted over the traffic intervals and drive times to find how far the market reach is. Thanks to Fort Worth’s low traffic rates, efficient and open access highways, and population dispersal across the city, the area’s traffic intervals expand towards the suburbs. Methodology After creating a polygon that would represent the area of interest, the polygon was placed over a Mapbox Studio Satellite street imagery basemap to visualize the cultural district. To proper visualize the buildings and create analyses from the building’s data, the FW_buildingfootprints csv was utilized then clipped to the area of interest polygon. The Fw_buildingfootprints layer field “year_built” was selected to visualize the area’s construction data and placed over a street basemap. The data for Household and Employment for 2005-2040 was downloaded from North Central Texas Council of Governments (NCTCOG) and the fields HHPCTCHNG and EMPPCTCHNG were created after the rates for 2005 were subtracted from the 2040 rates and converted to percentages. The data was then visualized as a dot density map to show the proximity and prevalence of the trends in relation to the area of interest. The Business Analyst Online program was utilized to find and display data regarding population increases in the area from 2015-2020, apparel & services spendings by district and traffic data to from drive time intervals. These maps were all created using ArcGISonline, Arcmap and Mapbox. References