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IP Develop Retail Strategy

Economic Development 

Time Status:

Budget Status:

Percent Complete: 25%

Start Date: 10/01/2019

End Date: 09/30/2021

The City has a significant amount of retail leakage. To alleviate this issue, the EDO is developing a retail recruitment strategy. Staff is working with Retail Strategies to identify retail gaps and potential opportunities to fill those gaps. Finding the right retail mix and density is essential for a community seeking to create a sense of place for residents, businesses and visitors.

Clay was contacted by Look Cinemas who do not have a presence in the state yet, but are interested in the Coral Springs market. Clay asked if there was any vacant theatre space in the City and there is not. Staff responded that there could be opportunity in one of the mixed use projects underway and is waiting on a reply.

The EDO submitted the continuation of the contract with Retail Strategies for FY 22 as a new initiative.

Operating Budget:
Capital Budget:
Legend:  
Initiatives: On Target Closed Out/Completed | IP On Target/In Progress | Below Plan Behind Schedule/Late | DN Discussion NeededR/W Retreat/Workshop Item | D Delay/Hold | N No Milestone | Not Defined Not Defined
Legend:  
Initiatives: On Target Closed Out/Completed | IP On Target/In Progress | Below Plan Behind Schedule/Late | DN Discussion Needed | R/W Retreat/Workshop Item | D Delay/Hold | N No Milestone | Not Defined Not Defined

City of Coral Springs | 9500 West Sample Road, Coral Springs, FL 33065 | 954-344-1000