HomeMy WebLinkAboutagenda.council.worksession.20080624MEMORANDUM
TO: Mayor and City Council
FROM: Ben Gagnon, Special Projects Planner ~~ //
THRU: Chris Bendon, Director, Community Development (~./LYl/7
DATE OF MEMO: June 20, 2008
MEETING DATE: June 24, 2008
RE• The Changing Profile of Aspen's Commercial Sector
REQUEST OF COUNCIL: There is no request for Council action at this work session
BACKGROUND: This is a continuation of staff and consultant aided reseazch on the
subject of Aspen's commercial mix.
DISCUSSION: Staff is pleased to bring Council a deeper and more precise examination
of how Aspen's commercial sector has changed since 1992. The City has hired two local
residents -Jackie Kasabach and Robert Langley - to help show how the mix of stores
and other commercial uses has shifted over the past 16 yeazs.
About a yeaz ago, staff presented an inventory of current uses in the downtown. This
more current effort took an inventory every four yeazs, dating back to 1992. Jackie
Kasabach drew up this painstaking historical inventory, identifying categories of
commercial uses such as clothing, sundries, accessories etc. -but also listing the name of
each business.
By looking over Jackie's charts, one can literally see `what has come and what has gone'
over the yeazs. Using this data, we've extracted information such as turnover rates within
various commercial sectors, as well as net increases and net decreases. Commercial
broker Robert Langley has worked with this information to provide commentary on
trends, informed by his expertise during this time period.
This is much like the document staff drafted for Council last yeaz on the
Service/CommBrcial/Industrial Zone District, literally showing which businesses were
present there over a certain time period -and how the commercial profile has changed
over time.
The overall intent is to gain a better understanding of how the commercial sector,
particulazly in the downtown azea, has morphed and changed over time. This can help
Council make informed decisions about whether to adopt commercial mix regulations,
and furthermore, which type of regulations may have the desired impact.
This work session should help lay the groundwork for the July 1 work session, which will
focus on different types of regulatory and non-regulatory tools, with the help of
consultant Mazk White.
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