downtown retail opportunities constraints & strategies november 1 2006 leland consulting group downtownretail what s going on with urban in portland shopping is a social experience framework trends market strengths weaknesses strategic considerations area bounded by burnside to north i 405 the west and south willamette river east core 17 square blocks around pioneer courthouse heart of sw alder st 9 th ave park taylor 3 rd department stores 464 000 sf nordstrom macy saks fifth avenue place 305 other restaurants just under million big boxes are coming downtowns two story formats target whole foods discounters smaller such as jc penney many willing leave malls break into new markets 60 65 sales at discount prices 35 rising
