POWER NODES: DOWNTOWNS IN THE PERIPHERY Jim Simmons, Centre for the Study of Commercial Activity, Ryerson University, Toronto Canada. Outline: Three Stages of Commercial Structure A Focus on Power Retail Power Retail in Context Power Nodes The Implications and Future of Power Nodes.
DOWNTOWNS IN THE PERIPHERY
Centre for the Study of Commercial Activity,
Ryerson University, Toronto Canada.
Three Stages of Commercial Structure
a) Traditional Retail
Small family-owned shops
Highly competitive, but inefficient
TRADITIONAL RETAIL STREET
Traditional Retail Photo
b) Shopping Centres
Large shops, retail chains
Single ownership, anchor store
Based on spatial and sectoral monopolies
Department Store Anchor
POWER RETAIL: DEFINITIONS
Big Box Store: Retail outlets that are typically at least three of more times larger than other stores in the same retail sector, as measured by floor area.
Power Centre: A cluster of three or more big box retailers with a shared parking lot, and perhaps ancillary commercial services such as coffee shops.
Power Node: One power centre with additional big box stores and other power centres and malls within one kilometre radius, typically centred on a major intersection.
POWER NODE PHOTO
Power Centre Photo
THE GREATER TORONTO AREA
Population Change 817,000
Growth Rate15.4 per cent (2001-2009)
Income per capita$31,000 (2006)
Market Income$172.5 billion (2006)
outside Canada45.7 per cent (2006)
COMMERCIAL FACILITIES: GTA, 2010
Source: CSCA fieldwork
WHO SHOPS WHERE?
(Above Average Proportions)
Traditional RetailApartment Dwellers
People not Working
Customers who Travel from Home
Power RetailHome Owners
Blue Collar Occupations
Customers who Travel from
other Retail, as Drivers
Source: Centre for the Study of Commercial Activity,
using the Transportation for Tomorrow data.
The Future of Power Nodes
Popular with young families
Attracts retail investment
Weakens existing town centres
Unattractive to seniors, transit users
Weak Internal structure
Poor links with community
Higher energy costs
Land use restrictions
Higher land costs
Demographic changes (aging, immigration)