Website, incentives aim to attract new retailers

Denver's Office of Economic Development (OED) has developed a new retail recruitment and marketing website and launched an incentive program for prospective retailers in an effort to strengthen the city's retail offerings and encourage more retailers to open.

"We're committed to growing Denver's retail scene, providing a supportive environment to deliver a more robust offering of retailers that meets the shopping needs of our residents and visitor," says Denver Mayor Michael Hancock. "We are delivering on the first steps under the city's strategic retail plan to grow Denver's retail markets by strengthening the city's retail hubs and by bringing more opportunity to business districts throughout the city."

The website was developed to showcase Denver's increasingly vibrant mix of retail and chef-driven restaurants, provide a summary of shopping districts and areas and highlight news and opportunities. Targeted to retailers and retail real estate professionals, the site will be updated monthly to include additional retail areas throughout the city.

The economic development office's Retail Attraction Program provides an incentive pool for the OED to attract prospective retailers to Denver. the program supports small to mid-sized retailers and is focused on first-in-market retailers, locally unique stores and those that fill a gap where customers' needs are not being met.

"We now have a comprehensive, robust retail-recruitment strategy and toolkit that should result in increased retail sales tax activity," says OED Excecutive Director Paul Washington.

Contact Confluence Denver Development News Editor Margaret Jackson with tips and leads for future stories at margaret@confluence-denver.com.
 
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Margaret is a veteran Denver real estate reporter and can be contacted here.
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