Market Area Demographics (in 2005 dollars)
|
Type of Business |
Sierra Madre |
Pasadena |
Arcadia |
Monrovia |
Total |
SM as % of Total |
|
Population (DOF 2004) |
11,500 |
144,000 |
55,900 |
38,800 |
249,750 |
4% |
|
Employment (SCAG 2005) |
3,805 |
95,772 |
24,476 |
22,587 |
146,642 |
3% |
|
Number of Households |
4,756 |
51,844 |
19,149 |
13,502 |
89,251 |
5% |
|
Aggregate HH Income |
$505,145,084 |
$4,365,622,726 |
$1,722,888,078 |
$929,557,416 |
$7,523,213,306 |
7% |
|
Average HH Income |
$106,212 |
$84,207 |
$89,846 |
$68,846 |
$84,293 |
|
|
Taxable Retail Sales Per Capita |
$1,346 |
$13,899 |
$11,211 |
$16,239 |
$13,105 |
|
|
Non-Retail Sales Per Employee |
$1,725 |
$9,453 |
$4,737 |
$6,159 |
$7,958 |
|
POTENTIAL DOWNTOWN ECONOMIC ACTIVITIES
Community workshops for Land Use and Architecture result in the following preferred land uses:
RETAIL
- Open air stores
- Large retail spaces
- Youth oriented businesses
- Music store
- Bird specialty store
- Boutique stores (clothing & shoes)
- Trader Joe’s
- Seafood market
- Specialty grocery
- Mountain and Bike sporting goods store
- Men’s clothing store
- Wine & cheese store
- Plant nursery
- Computer service store
- Antiques
- Candle shop
MIXED-USE / LIVE –WORK
- Artists lofts/condos
- Lofts or studio apartments for young adults
- Retail/office space second level
- Living units 2nd story w/balconies
HOTEL BED & BREAKFAST
- Bed & breakfast
- Small Hotel / Boutique hotel
OFFICE
- Professional office ace for doctors, attorneys, engineers and architects.
- Incubator of small start-up business space
- Software and game designers
|
RETAIL
- Running and hiking supplies
- Watch store
- Fine writing instruments
- Golf store
- Music store
- Street vendor sots for rent weekly/weekend
- Florist shop w/outdoor bins
- Children’s store – toys, clothes
- Artists supplies
- Bookstore / newsstand
- Stationary store
- Movie Theatre
- Candy shop
- Car repair
- Craft supply store, fine needlework, yarn store
- Classic car dealership
RESTAURANTS
- outdoor dining
- vegetarian
- upstairs restaurants
- high-end restaurants
- Deli
- Fish taco place
- Café/brewery
- Retail restaurants (gourmet deli, bistro, picnic packer)
- Coffee shops/cafes w/lots of studying space
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