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competitors and their supermarkets will be identified and evaluated for <br />tenant mix, anchor stores and merchandise presentation. <br />Exitinq Business Interviews - Owners and managers of businesses <br />located in the TH-47 and 167th Avenue commercial node will be <br />interviewed to obtain their observations on retail trends, the location of <br />their principal customers and other information that may be important for <br />the study. <br />Trade Area Analysis - Based on transportation patterns, drive times and <br />consultant experience, the trade area for the TH-47 and 167th Avenue <br />commercial node will be identified. The economy of the trade area will be <br />analyzed to identify and quantify those factors that generate support for <br />the retail and service establishments. The City will discuss with the <br />consultant the factors to be included in the Trade Area Analysis. <br />Commercial Area Repositioninq - Commercial development potential for <br />the commercial' area will be estimated taking into consideration <br />competition, household growth, trade area demograPhics, purchasing <br />power and estimated market share. Based on the purchasing power <br />analysis, competitive shopping areas, and current retail trends, future <br />retail, service and office potential for the commercial area at TH-47 and <br />167th Avenue will be estimated by business type. The consultant will <br />recommend store types, size and merchandising and estimate retail,. <br />service and office space that can be supported by the sales potential for <br />target years 2005 and 2010. <br /> <br />The Consultant will: <br /> <br />· Establish a preliminary project budget. <br />· Communicate as needed with the City of Ramsey Project Coordinator and <br /> meet on a regular basis concerning the status of the project. <br />· Organize and meet with retail owners in the study area. <br />· Coordinate and prepare the completed study for the City. <br /> <br />Instructions to Consultants <br /> <br />1) <br /> <br />Consultants must submit seven (7) copies of their proposal by 4:30 p.m., <br />February 24, 2003. Any proposals not submitted by the date and time <br />specified will be automatically disqualified. <br /> <br />2) Proposals should be mailed/delivered to: <br /> <br />Mr. James E. Norman <br />City Administrator <br />15153 Nowthen Boulevard NW <br />Ramsey, MN 55303 <br /> <br />4O <br /> <br /> <br />