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CRA staff to track downtown openings; occupancy-rate metric proposed
2264060 · February 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
CRA staff said a business-opening database (BSNA) can track new downtown businesses; members asked for monthly opening counts and an occupancy rate to monitor downtown vitality.
CRA staff told the board on Feb. 11 they can track new downtown business openings through the BSNA database and that staff walk-throughs and GIS updates support occupancy tracking, but closures remain harder to detect without on-site verification.
The executive director said openings can be obtained from business tax receipts and the BSNA system, though…
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