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Bringing Upscale Retail to. Prince George's County. CB 79-1999. Academy of Law & Public Policy. Academy of Finance. Potomac High School. Oxon Hill, MD. June 8, 1999. Where Do Prince George's Teens Shop?. Where Potomac's business goes.
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Bringing Upscale Retail to Prince George's County CB 79-1999 Academy of Law & Public Policy Academy of Finance Potomac High School Oxon Hill, MD June 8, 1999
Where Do Prince George's Teens Shop?
Where Potomac's business goes Source: Shannel Cooper, Academy of Law and Public Policy, conducted 5/99
Is Upscale Retail Sustainable? U.S. Effective Buying Income (EBI) $43,579 Prince George’s County EBI $50,988 45% of County households Disposable Income $50,000 or higher Source: Prince George’s Economic Development Corp. http://princegeorges.com/edc.htm
Income in Prince George's County Median income in county: $53,312 Average income in county: $61,938 We can support upscale retail.
African-American Shoppers: • shop at department and specialty stores once a month or more (41% of those surveyed) • say a store’s location near work or home is “very important” in their shopping decision (56% of those surveyed) • say that they are willing to spend more to get “the best”(70% of those surveyed) Source: American Demographics, September 1996
Needs CRIME PREVENTION SCHOOLS ROADS
Mall = Pollution and Trash More cars = air pollution More people = more trash
No need for tax break U.S. Effective Buying Income (EBI) $43,579 Prince George’s County EBI $50,988 45% of County households Disposable Income $50,000 or higher Source: Prince George’s Economic Development Corp. http://princegeorges.com/edc.htm
Where to put the mall? • In a commercial area • near Beltway • near Metro station/bus line Why? • If in residential area: • could attract loiterers and vandals • mall would deteriorate • hard to access
Alternate Transportation PARKING LOT SHUTTLE BUS CUSTOMERS
Comply with "Smart Growth"
Reduced tax credit My proposal: 75% 60% 40% 20% 10% 0%
Affirmative Action Amendment Initiatives must be taken to counterbalance the systemic barriers to women- and minority-owned businesses. Goal: 50% of construction contracts
Thank you for your time! Students presenters: Rodney Bunn Shannel Cooper Michael Farrar Rachel Davis Darmika FrostMia Garrett Ravyn Hall Carla Lee Joy Lett Merci McKinley Star Johnson Tamara Jones Catreise Jones Christopher Robinson Trynita Romeo