Chicago TREND is a social enterprise initially funded by the John D. and Catherine T. MacArthur Foundation. It's a centralized source of real-estate developers, retailers and community development organizations seeking to better comprehend the trajectories of Chicago neighborhoods and purchase profitable retail projects that can drive transformative change. Chicago TREND supplies a suite of services to spot neighborhood and strategic retail opportunities, shorten the standard retail development timeline, and supply financial incentives and risk sharing for retailers and developers. Specifically, Chicago TREND delivers:- Lyneir Richardson
Market data and analytics that offer sophisticated and predictive market data on communities� current state and alter trajectories, shopping patterns within specific commercial corridors, corridor preferences among different demographic groups, retail corridors ripe for investment, and the likely effect of new retail development on communities.
Development facilitation services by serving as an expert broker among parties thinking about strategic retail development, organizing a coalition of outlets interested in urban retail development (Retail Coalition with the Willing), providing assistance that accelerates the development timeline, and initiating new retail developments in which the data and analytics indicate market opportunities for strategic retail development.
Financing tools to permit developers to attract high-impact national and local retail tenants that may influence upward neighborhood trajectory by providing debt and equity financing to close the money gaps that prevent them from committing.
These power tools create mutually reinforcing retail and community change THAT BENEFITS residents and businesses alike.- Lyneir Richardson
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