Redevelopment Projects
Buxton Study
Status: Active
Description
The Buxton Study is a retail site assessment produced by Buxton Company located in Fort Worth, Texas. The company helps communities, such as Columbus, search for local retail opportunities. There are three locations that are being looked at: 1.) I-65 & Jonathon Moore Pike 2.) Third Street & Jackson Street 3.) Taylor Road & US 31.
The purpose of this study is to match Columbus’s customer profile with that of retail matching profiles to identify retail categories that are suitable for the Columbus area. These sites are based on the following analysis:
- A primary workplace and residential trade area was delineated for each site.
- The customers in each trade area were segmented according to buying habits and lifestyles.
- A profile of Columbus’s customers within each of the three trade areas was developed.
- The surplus and leakage for more than 36 product types and 74 store types was determined for each potential trade area.
Click here to view the Buxton Study.
Impact on the Community
This study will allow potential developers to grasp the opportunities within the Columbus area. It helps a developer decide to locate a business in Columbus instead of locating in a different city or state.
