RETAIL SPACE DEMAND
FORECAST GROWTH IN AMOUNT OF SUPPORTABLE
SQUARE FEET OF RETAIL SPACE IN DOWNTOWN
RENO: 2005-20151
Potential Growth in
Potential Growth in
Total Potential
Downtown
Downtown
Growth in
Sales
Sales
Downtown Sales
2005 2010
2005 -2015
2005 - 2015
Potential Downtown
$19,926,300
$17,575,400
$37,501,700
Demand Assuming an 6.2% Capture Rate
Total Supportable Additional Space@
53,100
46,900
100,000
Sales Threshold of $375 per Square
Foot
1 Figures
are rounded.
Sources: City of Reno, Population Plan, City of Reno Master Plan; Gruen Gruen + Associates.