Excerpt from article on Postcarbon.org
A study focusing on New Orleans compared 179,000 square feet of retail space that is home to 100 independent businesses to the same-sized space that is home to a single supermarket. The former generated $105 million in sales with $34 million staying in the local economy, while the latter generated $50 million in sales with just $8 million staying locally, and necessitated 300,000 square feet of parking space (see graphic below).
Comments are closed.