Monday, November 29, 2010

Hamilton Adds to Revitalization Committee

The City has tapped two downtown merchants to join the Downtown Revitalization Committee as the committee works together with city officials and staff and the Planning Team to develop a revitalization plan for Downtown Hamilton. The new members are Eddie Lyle (owner of Solid Gold Jewelry) and Richard Kitchens (owner of The Sports Gallery).

Welcome aboard Mr. Lyle and Mr. Kitchens!

Wednesday, November 10, 2010

Downtown Hamilton Market Study

On November 9th, the Planning Team presented highlights of the Downtown Hamilton Market Study conducted by Dr. Arthur Allaway. The study suggests that Downtown Hamilton may bolster its economic revitalization efforts by targeting four markets:
  1. those who live in a 1.5 mile radius of Downtown Hamilton, 
  2. middle and upper income households within a 5 mile radius of Downtown Hamilton, 
  3. those who live in other parts of Marion County and visit Downtown Hamilton on a monthly or more frequent basis, and 
  4. travelers on Corridor X between Memphis and Birmingham (who could be attracted to Downtown for more than fast food and fueling up)
The analysis involved research into the spending capacity and interests of Marion County residents and the types of businesses already serving those needs and interests. In essence, the gaps---what residents have to travel outside of Hamilton to buy---represent retail development opportunities. But, not all opportunities are equally feasible and only certain types would be fitting for Downtown Hamilton. Dr. Allaway's report suggests the following types of businesses, in addition to what is there now, have a real chance of success Downtown:

  • Locally owned lunch/dinner restaurant
  • Artist studios and exhibit space/store
  • General or mercantile store
  • Regional offerings store
  • Multiple antiques and architectural collectibles stores
  • Plant nursery
  • Clothing store(s)
  • Furniture store
  • Book store
  • Electronics store
  • (Authentic) Hardware store
  • Specialty grocery store
 Download the the full report HERE.

Public Meeting No. 2

Thanks to all who attended the meeting last night (Tuesday November 9th). If you were unable to attend or if you were there and would like to review the presentation again, use this link: Meeting #2 Presentation.

Feel free to leave any comments or questions here. You can also email them directly to the Planning Team.