Carlisle/Wortman Associates offers commercial market analysis services as a planning tool to our clients.

The benefits of conducting a market analysis are to help communities better understand their trade area, exploration of business development opportunities, and to demonstrate the economic importance of business areas. We perform gap/surplus analysis for each retail category to indicate how well the retail needs of local residents are being met. The analysis uncovers unmet demands and possible opportunities, understanding the strengths and projecting the optimal amount of land needed for commercial development, weaknesses of the local retail sector, and measuring the difference between actual and potential retail sales.

Through our vigorous analysis we are able to assist cities and townships in understanding their market, and where needs are being met and where they are not.

Below is a sample of cities and townships commercial market analysis for whom we have prepared studies for:

• Canton Township - Canton Village Center
• City of Riverview
• Independence Township
• Springfield Township
• Ypsilanti Township