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Agenda - Economic Development Authority - 11/09/2017
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Agenda - Economic Development Authority - 11/09/2017
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3/17/2025 2:15:12 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
11/09/2017
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Award -Winning Results <br />Rochester's investment in retail development has <br />delivered rock solid results. In addition to retaining <br />many existing businesses, the city has recruited <br />more than 30 of the retailers or equivalent retailers <br />on the list of those recommended by Buxton, <br />including Kohl's, Lowe's, and Staples. Rochester <br />Crossing now provides over 250,000 square feet of <br />shopping and dining options, and a new 299,000 <br />square foot development is nearing final approval. <br />Rochester Annually Earns <br />$91 For Every $1 Invested <br />In Retail Recruitment <br />A recent economic impact analysis estimated <br />that Rochester annually earns $91 for every <br />$1 invested with Buxton at the beginning of <br />the partnership. Furthermore, the investment <br />generated an estimated annual cash ROI of <br />$2.7 million in 2013 alone. The city's economic <br />development efforts have been honored with <br />multiple awards in the last year, highlighting their <br />winning strategy. In early 2014, Rochester renewed <br />its partnership with Buxton and looks forward to <br />building on its success. <br />Take Your Retail Development To <br />The Next Level <br />Since 1994, Buxton has provided big answers for <br />retailers and communities. Our insights go beyond <br />broad regional demographics by drilling down <br />to the household -level in order to give you the <br />clearest picture of your community. We've helped <br />650 communities recruit over 35 million square feet <br />of retail space. <br />Bu :on <br />GET TO KNOW US. 1-888-2BUXTON buxton@buxtonco.com www.buxtonco.com <br />
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