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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />SUMMARY OF FINDINGS <br /> <br />Study Area <br /> <br />Rum River Commercial Area is Ramsey's original neighborhood shopping area founded about <br />30 years ago. <br /> <br />Currently 26 retail establislunents are located in the area. Services are the largest category with <br />eleven businesses. Convenience retail is represented by three establishments: a grocery, liquor, <br />and video stores. There are two food servic'e establishments, a convenience store, variety store, <br />and other retail uses. <br /> <br />Rum River CO!ll.!Uercial Area enjoys good access by way ofTH-47 and 167th'Avenue Northwest. <br />TH-47 provides convenience access for residents living north and south of the commercial area. <br />Residents west ofTH-47 have convenient access by way of 167th Avenue Northwest. <br /> <br />Owners of businesses in the Rum River Commercial Area indicated the commercial area <br />strengths included good location, easy access and ample parking. Weaknesses include <br />comp1amts about the amount of competition, business turnover, and sales declines caused by <br />recent road construction. <br /> <br />A more disturbing trend was that most businesses reported sales declines of 13 to 35 percent over <br />the past five years. The best reported sales perfonnatlce was nO increase. <br /> <br />Competitive Shopping Areas <br /> <br />Businesses in Rum River Commercial Area compete with four convenience and neighborhood <br />shopping areas and two community shopping areas. <br /> <br />Convenience and neighborhood shopping areas include: Ramsey Convenience Center at TH-47 <br />south of the Rum River Commercial Area; Andover Shopping Area,. located at Bunker Lake and <br />Rouud Lake Boulevards, anchored by Couuty Market and Fratalouies Hardware; St. Francis <br />downtown anchored by St. Francis Foods, and a newer shopping area anchored by County <br />Market. <br /> <br />Andover Station, anchored by Knowlan's Festival Supermarket, is a new shopping center located <br />at Bunker Lake Boulevard and Thrust Street. A Target Greatland is slated for construction in <br />this area. <br /> <br />Community centers include the Ri verdale area in Coon Rapids, which includes two large <br />supermarkets and the Elk River shopping area north of the intersection of TH-IOl and TH-IO. <br />Supermarkets located in this area include Cub and Cobom's. <br /> <br />Ramsey Town Center presents future competition. Timing of retail development in this area is <br />uncertain, but is likely in the future. Retail potential at To"W'll. Center includes convenience goods <br /> <br />v <br /> <br />18 <br />