AgdaPkt 2019-10-14 Joint SA PFA - Laserfiche WebLink

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8.A. - Page 8 of 56 II. Downtown Retail Work Program: (Work to be performed by the Economic Development Manage.. 1. Develop a list of boutique tenants that are comprised of independent retailers, entertainment, restaurants, bars, and hotels that are located in other downtowns and are looking to expand locations. Analysis: Below is a list of independent retail stores located in the region that may be considering expansion on the Bay Area.' These retailers locate in small downtowns such as Berkeley, Burlingame, Campbell, Los Altos, Mountain View, Palo Alto and Sunnyvale, but the size and availability of retail storefronts in Redwood City's Downtown limits location opportunities for these retailers as well as those that require larger spaces. • Books Inc. • Theory Clothing • George Shop (Pet Supply and Gear) • Recycle Bookstore • M&S Watch and Clock Shop • Blue Bottle Coffee • Learning Express Toys • Buffalo Exchange • Fieldwork Brewing Company • Tin Pot Creamery • Running Shop and Hops • Denica's Real Food Kitchen • The Gardener • Garden Apothecary • Game Coinop SF • State of Mind Public House (Pizza and classic games) • Backhaus Bread (Bakery) Recommendations: 1) Staff should contact real estate brokerage firms that represent the above retail stores. If not represented by brokers, staff should reach out directly to the retailers to see if they are interested in locating in Redwood City. 2) The Economic Development Manager should attend regional International Council of Shopping Center meetings to connect with retail brokers, developers and retail store representatives. 3) Staff should obtain updated lists of vacant retail spaces, along with the asking rents, and triple nets, to determine if Redwood City vacant spaces are suited to these retailer/restaurants. 2. Identify and implement best practices used by comparable downtowns for attracting, retaining, and strengthening retail. Analysis: One of the best resources for "best practices" in developing successful downtowns is "The 20 Ingredients of an Outstanding Downtown," prepared by the Destination Development Association. Not all of the "ingredients" apply to Redwood City but those actions that are ' National retail stores/restaurants that are currently expanding include: Smashburger, Hot Pot Restaurant, Yi Fang Boba Tea, Sharky's Woodfired Mexican Grill, Pure Vida Fitness Spa, Club Pilates, Pearle Vision, Relax the Back, C2 Education, HSBC Bank, Silverlake Ramen, Candytopia (shifting from online to brick -and -mortar), Kay Jewelers, Mooyah Burger and Fries, Latin Fusion Kitchen, Hand and Stone Massage Spa, and Bluemercury. 228