riverfront
DESCRIPTION
Riverfront. The banks of the Willamette River were the focus of early town development First general store established facing the river Riverfront occupied by 20 family homes and fully removed by 1979. Brief History. Demographics. Population: In 2001, 51, 040 Community Age Groups: - PowerPoint PPT PresentationTRANSCRIPT
Riverfront
Brief History
• The banks of the Willamette River were the focus of early town development
• First general store established facing the river• Riverfront occupied by 20 family homes and
fully removed by 1979
Demographics• Population:
– In 2001, 51, 040
• Community Age Groups:– In 2000, 23,204 of populations was 20-44 years
– Median Age: 27 years-old• Housing:
– Total Housing Units in 2000: 20,899– Median Value of Owner-occupied housing in 2000: $154,700
• Race:
– 86.03% white– 6.42% Asian
– 5.72% Hispanic or Latino• How some people get around Corvallis:
– 14% Pedestrian
– 8% Commuters
Target Market
• 25-55 years-old, men and women
• Active lifestyles; enjoy walking, running, picnics, animals, etc…
• They are well established middle class people
• Like to go out to eat, try different restaurants
Competitors
• Other Downtown Restaurants– American Dream, Aomatsu, AJ’s, Good
Morning Bakery, etc.
• 9th Street
• Monroe Street
• Albany Restaurants
Block One
• Big River
• Alpine Bakery
• Riverview Mongolian Grill
• Abby’s Furniture
SWOT of Big River
• Strengths
– website
– lifestyle appeal
– open seating in bar
– outside appeal
– strong word of mouth
– location
• Weakness
– no waiting room
– adjacent building
– parking
– promotion
• Opportunity
– free wi-fi
– outside seating
– support local organizations
– selling outside of Corvallis
– large seating areas
• Threats– competitors
• Gables, Michael’s Landing, Aomatsu, etc.
• The Renaissance on the Riverfront
Block Two
• Water Street Market– River Front Danish Bakery– The Tea and Herb Shop– Sahalie Wine Bar– Harry & Annette’s Fresh Fish– The Pantry at Water Street– Wineopolis
SWOT of Water St. Market
• Strengths
– Variety
– Each help others
– Brings in Older crowds
– Renovated Building
• Weakness
– No Advertising
– Parking is Difficult
– Not good Signage
– Not open on Sunday
• Opportunity
– Advertise to College Students
– Public Transportation
– Offer Free Wi-Fi
– Outdoor Area
• Threats
– 9th Street Seafood Market
Block Three
• Iovino
• The Chippery
• Great Harvest
SWOT of The Chippery
• Strengths– Trendy Lifestyle– Premium Food– Marketing Strategy– Catering and Delivery
• Weakness– Location– Small– Parking– Promotions
• Opportunity– In Grocery Stores
– Promote more on Campus
– Advertising
• Threats– Competitors
• University Hero, Big Town Hero, Sargo Subs
– Environment
Block Four
• Fox & Firkin
• Black Ledge Furniture Warehouse
SWOT for Fox & Firkin
• Strengths– Appeals to College Students– Local Groups– Local Bands– Local drafts are represented– Free Parking
• Weakness– Location– Dirty Building– “Smelly”– Not offering same services
• Opportunity
– Clean up can bring in bigger crowd
– Other Fox & Firkins
• Threats
– Other competitors close to them:
• Peacock, AJ’s, Squirrels, Suds, etc.
Development of Riverfront Park• August 1992- Corvallis Riverfront Enhancement Task Force formed by
Mayor Vars
• June 1994- Task force issues draft report and holds open house.
• September 1996- The Downtown Riverfront, is issued.
• December 1996- Commission presents draft park master plan to City Council. February 1997- City Council holds public hearing on master plan.
• November 1998- City voters approve $9.5 million, 20-year bond measure to fund riverbank and riverfront park improvements.
• April 2000- City Council approves integrated park and riverbank plan.
• May 2000- CH2M HILL (project consultant) submits WRG permit application to Corvallis Planning Dept
• 2002- Development of Riverfront Park completed
Riverfront Weakness
• Parking
• Narrow Street
• Landscaping
• No Retail Space
• Poor link to the University
• Limited Residential Developments
• No Public Transportation
• Lack of Planning
Riverfront Opportunities
• The Renaissance Condominiums
• Ideal for Restaurants
• Increase in University Interest
• Reinvestment in Remodeling 1st Street
• Parking Garage
• Improve Signage
• Events
Riverfront Events
• Saturday Farmers Market
– May - October
• DaVinci Days
– In September
• Winter’s Eve Night
– In December
• Red, White, and Blue Festival
– July 4th
• Rhapsody in the Vineyard
– In May
• Downtown After Dark
– February 28 from 5:30-7:30pm
Any Questions?
Sources
• Http://corvallis.areaconnect.com/statistics.htm
• www. Chipperyamerica.com
• www.chippery.com
• www.ci.corvallis.or.us/downloads/cd/downtownmarketstudy.pdf
• www.bigriverrest.com
• www.gtconnect.com/articles/2006/02/20/news/business
• www.ci.corvallis.or.us/RiverFrontPark/default.htm
• www.corvallisriverfront.com
• Interview with Sahalie Winery Employee