Draft Market Study and Strategy Report James Freas, Regional Planner, Metropolitan Area Planning Council June 23, 2011.

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Presentation transcript:

Draft Market Study and Strategy Report James Freas, Regional Planner, Metropolitan Area Planning Council June 23, 2011

MetroFuture & South Coast Rail Plan

Downtown Stoughton Vision, 2010 T Porter Street Wyman Street Summer Street Canton Street Perry Street Water Street Brock Street Pearl Street Washington Street Route 138 Park Street

Major Findings & Recommendations There is Opportunity in Downtown Stoughton Demographics are Destiny (Density & Walkability) Defining the Retail Market Revitalization Through Public / Private Partnership Regulate to Encourage Investment Traffic Congestion

Opportunity in Downtown Stoughton

Demographics are Destiny Projected Percent Change in Population by Age

Demographics are Destiny

Percent Increase in Housing, 2000 to 2010

Demographics are Destiny 100 Units

Defining the Retail Market.5 mile 1 mile 3 miles

Defining the Retail Market 50,000 Square Feet

Public / Private Partnership

Regulate to Encourage Investment Retail Residential 40% 10%

Traffic Congestion

Questions