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Why Just Amazing is a great fit for

downtown Punta Gorda

 

The Basics vs. Leisure Time

 

Everyone has their own idea of what type of shops downtown Punta Gorda should have but for the most part the wish lists fall into two main categories: 

 

1)  Those who desire businesses that will fulfill basic needs - like clothing, shoe, sporting and home good stores, bakeries and eateries.  This group is primarily made up of Punta Gorda residents who are tired of having to trek seven miles or more to shop for basics.

 

2)  Those who desire a place to spend their leisure time - a place where they can gather with friends, shop, dine, see and be seen and be entertained. This group includes local residents, county residents, day trippers and travlers.  

 

Ideally, a leisure time retail center would have a mix of unique (not chain) rrestaurants, boutiques, art galleries and attractions - think St. Armand's Circle (Sarasota) or 5th Avenue (Naples). 

 

The question is which type of retail is the best fit for downtown Punta Gorda?  There is certainly a need for both of these types of retail environments in our community.  However, a regional mall is planned for Jones Loop and regional malls usually have clothing stores, shoe stores, home good stores, big box and outlet stores that statisfy basic needs.  

 

Our downtown has features that would compliment a leisure time retail type development including:

 

1.  A cluster of hotels and restaurants

2.  A regional events center

3.  Proximity to the historic district

4.  Proximity to government buildings

5.  Proximity to planned and existing attractions like Mote Marine, the waterfront, murals, festival sites, the artist atelier, the bridges, chamber offices, parks and the Visual Arts Center and Fishermen's Village.

6.  Access to walking and bicycle paths and major arteries.

7.  Free Public Parking      
 

 
The Importance of Achieving and Maintaining a Critical Mass

 

So what is it going to take to get a retailer to commit to open a business in downtown Punta Gorda?  What will make a retailer choose Punta Goda over another city?  Or, choose downtown over Jones Loop? 

 

The answer - the retailer has to be confident that downtown will achieve and maintain a critical mass of shops and restaurants.  For a city center to succeed it has to claim a predominate position within the community and its customer's minds.  To become the retail destination of choice it must become almost omnipresent in it's customer's minds. 

 

When it comes to selecting a shopping destination in consumer's minds bigger is usually better.  More stores means better selection.  In an urban environment the size and scale of the development is physically limited and so having and maintaining the right mix of businesses becomes the critical factor.  

 

Two Conversations that Have Stuck in My Mind 

 

I've spent a lot of time pondering the development of downtown.  What dominates my thoughts are two  conversations that have really stuck in my mind.

 

The first conversation was with Jamie Correa. He was the consultant hired by Team Punta Gorda to do a design charrette for downtown Punta Gorda. This conversation occurred after Jamie had presented his report to the community in the Tentatorium in 2005.

 

While the design charrette was going on in Punta Gorda there was a lot of discussion about it in our dining room at Pies & Plates.  I commented to Jamie that what I heard people saying is that they wanted downtown to be filled with art galleries, small boutiques and unique small businesses like Pies & Plates. They want quirky shops with personality like those found on St. Armands Circle.

 

Jamie's reply was that that is not likely to happen in downtown Punta Gorda. He went on to explain that while rental rates at St. Armands may be high today, they weren't in the beginning. The buildings were older buildings in need of repair so the rental rates were reasonable. He said, unfortunately all the opportunities for reasonable rent in Punta Gorda were wiped out by Hurricane Charley.   New buildings will be built in their place and the costs of new construction will be passed down to the tenants. Small independent businesses like Pies & Plates, independent art galleries and such will not be able to afford the high rental rates in the "new downtown."   Only well established businesses will be able to afford to be there. The businesses he named as possible tenants were Chico's, Ann Taylor and Brooks Brothers.

 

The second conversation I had was in January of 2007. It was a few months after the new lifestyle mall Coconut Point Mall opened in Bonita Springs. I really  wanted to get down there to see it, so I was excited when I had a guest come to Pies & Plates who had just shopped at Coconut Point the day before. This woman was from New Jersey and she was staying with friends in Punta Gorda. When she mentioned having been at Coconut Point I asked her what she thought of it. Without hesitation she said,

 

"It was really nicely done but it was very boring. We have almost all of the same shops back in New Jersey. If I wanted to shop at them I could have stayed home.   I'd rather spend the day shopping in little boutiques like Pies & Plates any day. "

 

These two conversations have had me thinking ever since. How can you create an exciting downtown shopping experience that will engage both locals and visitors if only chain store tenants can afford the rent?  Why would someone living in Sarasota day trip to Punta Gorda if they can visit the same stores in Sarasota?  

 

Secondly, these chain stores have large footprints.   Can you achieve the critical mass you need for downtown to flourish if it's filled with only a handful of a chain stores when what it really needs is a large number of small boutiques, galleries and restaurants?

 

I love this comment from the 2005 Punta Gorda Downtown Master Plan sponsored by Team Punta Gorda:

 

Downtown retail development is not about making shopping centers but about life and place-making - creating spaces with attractive destinations for time well spent.  In general, people do not come to downtown areas for everyday shopping needs; they come looking for an urban experience including: entertainment, an attractive waterfront, a variety of historic and contemporary architecture, pedestrian friendly areas, lots of things to do, see, explore, meet, etc.; most importantly, a downtown is NOT an artificial environment but, a friendly public stage where people go to see and be seen by other people.  People come to downtowns to have the Communal Experience they cannot find in a mall or in a strip center. For Downtown Punta Gorda to be successful, it must deliver.

 

  

How can we deliver?

 

I believe the developers are on the right track. Downtown needs a major attraction.  An aquarium will attract bus loads of visitors.  But, they'll be mostly school children and senior citizens. When they are done at Mote they'll get back on the bus and leave.  

 

Locals will visit the aquarium maybe once or twice a year.  Like Fishermen's Village, it will be a place where they take their out of town guests to entertain them.

 

The best reason for bringing Mote to the community is because the presence of the aquarium will help attract conventions to the Events Center and visitors to the hotels which will get more people circulating downtown. So, building an aquarium downtown is a good thing but it's not enough.  

  

Bottom line is this that for downtown Punta Gorda to succeed it needs a critical mass of unique boutiques, galleries and restaurants. If we can't get them by conventional means is there a way to get them by unconventional means?  It's time to think outside of the box.  

  

My idea is to open a boutique mall to serve as a retail attraction for downtown Punta Gorda.  A cluster of 30-50 small unique boutiques selling only the best of the best, the funniest, most exciting and the most innovative of products.   A place where you could spend hours browsing and not get bored.  An adventure you'll want to share with friends.  A place you can't wait to come back to again and again.  

 

I'm not talking about building a space and carving it up into little pieces and renting it out to dozens of different owners.  I'm talking about a private entity owning the entire boutique mall and the boutiques within.  Kind of like a department store.   A department store has one entity that owns it but it has different departments - women's clothing, men's clothing, shoes, housewares, etc.  Like a department store Just Amazing would be owned by one entity but instead of departments it will have dozens of small unique boutiques and perhaps some restaurants as well.  

 

Click Here to read more Just Amazing   

 

 

Time is of the Essence

 
It would be great if downtown Punta Gorda could become a thriving center of activity before the Jones Loop development is completed.  A regional mall like the Jones Loop will attract visitors from all over southwest Florida. 

 

Downtown Punta Gorda will need to be truly unique and exciting to compete for  businesses and patrons.  There are downtowns all over the US that have been 

destroyed by regional malls. 

 

Here we are hoping for both areas to thrive.  That won't happen by chance.  It's going to take a timely implemented and well thought out plan. 

 

 

Punta Gorda's

RGI Ranking 

 

On the restaurant front, the best thing that Punta Gorda has going for it is that almost all of our restaurants are locally owned and operated.  That's great!  If we can keep the chain restaurants out and instead fill downtown with unique high quality independent restaurants we could become the culinary capital of Southwest Florida.  No chains - what a great marketing too that is!

 

So, why aren't chain restaurants locating here?  Consider this...  

 

Punta Gorda currently has about 50 eateries. It has a population of just about 18,000 people.  If you took Punta Gorda and placed it in the middle of South Dakota how many restaurants do you think a town this size could support?  We have too many restaurants for our population. The only way that our restaurants survive is by attracting visitors from outside Punta Gorda.  And, we don't do that well.  We're successful about six months of the year.  The other six months we pray. 

 

You only have to look at the Neilsen 2012 Restaurant Growth Index (RGI) report to understand how hard it is to operate a restaurant in Punta Gorda.  The RGI is designed to rank markets by identifying areas that may be under served and where restaurant sales are strong compared to the national average.  In other words, it highlights the best areas to open a restaurant.  The report ranks all 942 metropolitan areas in the US. 

 

Here are our local rankings with number 1 being the best place to open a restaurant and number 942 being the worst:.

 

# 87 Cape Coral

Metropolitan Area   

 

#130 Naples

Metropolitan Area

 

#228 North Port/Bradenton Metropolitan Area

 

#591 Punta Gorda

Metropolitan Area 

 

Keep in mind that this ranking is for the Greater Punta Gorda Metropolitan area.  The report doesn't tell how Punta Gorda ranks against Murdock or where the hot spots might be within our community.    

 

The RGI's sales figures do not distinguish between residents of the market and visitors, thus sales generated by visitors increase both the sales per capita and sales as a percentage of per-capita income of the markets' residents.  For this reason, smaller markets that are vacation destinations and markets with high transient population and heavy through traffic tend to have higher index scores. For example, Key West, Florida was #2 on this year's list because it is an upscale tourist destination.  It's sales per capita are higher than any of the 942 markets measured, nearly four and a half times the U.S. average.  While I don't think we want the tourist frenzy that occurs in Key West we need to work to attract more visitors in order support our existing restaurants and to encourage new high quality restaurants to open.