Forty years ago, the hottest spot for retail space for lease, in any major city, was the downtown central business district.
That is not necessarily the gospel today. In fact, you might be surprised to learn that in most major cities, the downtown core is probably not a good choice for your retail space for rent. You are probably much better off looking elsewhere, and that is what we will discuss in this article.
We are the Fort Worth Design District, located in the Alliance Area, the fastest growing commercial and industrial area in all of Tarrant County. Call us at 817-439-3224 for more information about a retail space for lease to match your needs in the Greater Fort Worth area.
What’s wrong with downtown
In some cases, in some cities, there is absolutely nothing wrong with the downtown corridor. In most small towns and cities, the downtown corridor still reigns supreme. It is the hub of all economic activity, just as it once was in major cities back in the 60’s.
But today is not the 60’s, and in most major cities the downtown area is too hard to get to, too hard to find parking, to congested, too crime-infested, and totally unappealing for many retail businesses. In most major cities, the downtown area has turned into a financial and services corridor, and sprinkled in there as well is entertainment. Retail businesses have found that other areas are better for their survival.
Where is the growth happening?
This is the question you need to answer! In Fort Worth, the answer is the Alliance Area in North Fort Worth. There has been an exciting surge of growth in that area, and it is quickly becoming the “In Place” for those business owners who need to be in a high-traffic area for survival.
How about your city? Where is the growth happening?
That’s where you want to be!
You need to find out! You need to do you research and find out where people are going. Your retail business depends on customers, and you will only survive in retail business if you are easy to find and easy to access.
Study the trends in your area!
Get to studying! Check in with city management and find out the trends. Where are people at noon? Where are they at three p.m.? Where are they at five? Every city has this information, and if you are serious about succeeding in retail business, you need that information so you can get out in front of the trends.
A word about the Fort Worth Design District
Any retail owner, looking for a retail shop for rent, in the Fort Worth area should, at the very least, check out the Alliance Area and, in particular, the Fort Worth Design District, a forty-acre enclave of commercial and industrial property for lease. There you will be ahead of the trend. There you will find commercial and industrial property for rent at reasonable rental prices. There you will find Box Office Warehouse Suites, Paddock Place Office Suites, and the Golden Triangle Business Park, the three main components of the Fort Worth Design District.
Call us for details and get ahead of the future surge.