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8.A. - Page 12 of 56 <br />by the Task Force or the retail consultant are noted. Further research and development of any <br />ordinances will be completed in the next 18 months. <br />1. Study potentially expanding the area in the Downtown District that requires active ground <br />floor uses beyond those designated in the Precise Plan. (Task Force recommendation) <br />(See Attachment A for map of Downtown Precise Plan Area—Active Ground Floor) <br />Analysis: As a national trend, the number of retail tenants is declining. Each year more stores <br />close, reducing the need for retail store space. The amount of sustainable retail space per capita <br />in the U.S. is not known but there is consensus that there is too much retail space in U.S. and <br />not enough retailers in the market to occupy the space. Much of the vacant space will not be <br />leased and will be converted to other type of use. <br />Not every street in the City's Downtown Precise Plan is desirable for retail. Key <br />intersections/nodes and streets, including EI Camino Real were analyzed to determine their <br />feasibility for retail. Factors considered include pedestrian walkability, vehicle traffic, visibility of <br />retail spaces and potential for retail synergy along both sides of the street. The goal is to create <br />vibrant retail clusters along major intersections or nodes and streets. <br />Results of the analysis show sections of Broadway between Main and Hamilton have the <br />strongest potential for retail activity (without analyzing sales volumes for businesses located on <br />these blocks). The section on Broadway from Hamilton to Winslow is not as strong for retail <br />(primarily because there aren't contiguous storefronts) but further analysis of store sales <br />volumes is needed to better determine its retail potential. <br />This section of Broadway, could have increased retail potential if the Chase Bank property were <br />redeveloped in the future as a mixed-use project with retail shop space on the ground floor thus <br />creating contiguous storefronts. This type of development could increase the synergy along this <br />block and help create stronger retail vitality. The addition of housing to a mixed-use project <br />would also strengthen demand for retail shopping. <br />With respect to EI Camino Real within the DTPP area, Sequoia High School's location on the <br />southwest corner of Broadway and EI Camino creates an activity void (with the exception of the <br />presence of students at certain times of the day). This side of the street does not provide a great <br />retail walking experience due to traffic and noise. In addition, the sidewalks are too narrow for <br />strong pedestrian activity. These conditions conflict with a retail tenant's typical location criteria <br />and create conditions that aren't attractive to them. Consequently, the intersection of <br />Broadway and EI Camino is not considered a strong location for retail compared to other areas <br />of the Downtown. The section along the EI Camino between James and Jefferson is the most <br />compelling for ground floor retail. 3 <br />Recommendation: In terms of expanding the area in the Downtown for active ground floor <br />uses, the City Council should consider including the east side of EI Camino between James and <br />Jefferson especially along the frontage of Sequoia Station. <br />3 However, the potential redevelopment of the Sequoia Station Shopping Center provides an opportunity to <br />strengthen retail on EI Camino between Jefferson and James especially for larger store formats. <br />M <br />232 <br />