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K E E P I N GO U RR E S I D E N T SC O N N E C T E DFall 2016TRUSTEESCORNERNEW RETAIL DEVELOPMENT IN CONCORD Our long term efforts to bring economic development, in the form of businesses and services
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01
Determine the target market and location for the new retail development.
02
Conduct market research to understand the demand and competition in the area.
03
Develop a comprehensive business plan outlining the objectives, strategies, and financial projections for the retail development.
04
Secure the necessary funding or investment for the project.
05
Obtain the required permits and licenses for construction and operation.
06
Design the retail space layout and amenities to attract potential tenants.
07
Construct or renovate the retail space according to the approved plans and specifications.
08
Attract and sign lease agreements with retail tenants.
09
Market and promote the new retail development to attract customers.
10
Monitor and manage the operations of the retail development to ensure its success.

Who needs new retail development in?

01
Developers and investors looking to capitalize on the growing retail market.
02
Retail companies or brands seeking expansion opportunities.
03
Local communities or city authorities aiming to revitalize or diversify their commercial areas.
04
Entrepreneurs looking to establish their own retail businesses.
05
Consumers in areas with limited retail options, who would benefit from increased choices and convenience offered by new retail developments.
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New retail development refers to the creation of new retail spaces or facilities, such as shopping centers or stores, to meet the evolving needs of consumers.
Developers, property owners, or retailers looking to establish new retail spaces are required to file new retail development.
New retail development forms can be filled out online or submitted in person to the relevant city or municipal department.
The purpose of new retail development is to facilitate economic growth, provide new retail offerings to consumers, and create jobs in the retail sector.
Information such as the location of the development, size of the retail space, projected opening date, and any relevant permits or licenses must be reported.
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