CHESTNUT HALL RETAIL ATTRACTION STRATEGY

 
 
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RETAIL ATTRACTION AND TENANT MIX ANALYSIS Philadelphia, PA | 2020

 AIMCO, the owners of Chestnut Hall — a historic asset located in the heart of University City — engaged &Access to analyze the local retail ecosystem to explore opportunities to create a tenant mix of entrepreneurs from West Philadelphia. &Access delivered a tenanting strategy that outlined gaps in retail offerings, detailed pipelines of entrepreneurs to fill the vacancies, and crafted a strategic plan to meet the seemingly disparate needs of the development and entrepreneurial stakeholders simultaneously. The resulting strategy outlined a mix of single and multi-tenant spaces to serve as traditional retail, restaurant, and commissary kitchen space for emerging businesses. 

 
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Our Impact

Created sample tenant mix outlining 7 key business types to best match retail needs

Identified a selection of local entrepreneurs to create a direct path to realizing the potential tenanting strategy

 
 
 
 
Bobby Boone