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Retail Mixed Use Market Study Update 1 January 6, 2010 <br /> Second City Elite <br /> There's money to be found in the nation's smaller cities, and you're most likely to find it in Second <br /> City Elite. The residents of these satellite cities tend to be prosperous executives who decorate their <br /> homes with multiple computers, large- screen TV sets, and an impressive collection of wines. With <br /> more than half holding college degrees, Second City Elite residents enjoy cultural activities -from <br /> reading books to attending theater and dance productions. <br /> Psychographic Summary <br /> The Primary Trade Area contains numerous families with significant disposable income. Both the <br /> Brite Lites, Lil' City and Second City Elite segments, which account for 68 percent of households in <br /> the Primary Trade Area, are characterized as "DINKs" — double income, no kids. Their disposable <br /> income is spent on cultural activities and cutting edge technology, and their buying patterns suggest <br /> significant investment in maintaining "swank" homes. The Upward Bound segment, composed of <br /> dual income families with children, comprises 26 percent of the Primary Trade Area households. <br /> These wealthy families tend to spend money on the specialized interests of their children, including <br /> toys, computers, bicycles and camping equipment. In general, the psychographic profile suggests that <br /> retail business in search of a wealthy, educated and sophisticated customer base will fare well in <br /> Hacienda. These households will spend money to invest in a higher quality product, and the Upward <br /> Bound segment is likely to search out convenient and family friendly retail opportunities and <br /> activities. <br /> -13- <br />