Transit Village - Retail Analysis
The City has hired the Rosenow Spevacek Group (RSG) to prepare a retail report to evaluate the retail component and determine if the proposed retail space represents the maximum potential for the site. The initial proposal included 8,000 to 10,000 square feet of commercial space. Though several iterations and discussions with city staff and guidance of the Council subcommittee, commercial/retail square footage was expanded to 34,600 s.f of which approximately 15,600 square feet will be ground floor retail space and the remaining 19,000 s.f. will be office. However, there is a potential for second floor retail or restaurant space.
The findings of the RSG report state that the proposed amount of retail is best suited for this location and the long, narrow site configuration limits adding additional retail space to the proposal. A key objective is to link this new retail/commercial anchor to the west side of El Camino and strengthen pedestrian linkages into San Carlos Avenue and downtown. This will help add to the vitality of downtown and could be a catalyst for further revitalization of the remaining El Camino corridor. Copies of the RSG report are available upon request.
Retail Analysis Report (84kB PDF, )