This is from the Texas A&M Research Center...
Claritas, a national market research firm, examined consumer product information for a specific region in and around Leander to highlight areas untapped by retailers. The region starts from RM 1431 goes north on U.S. Highway 183 to State Highway 29, west to Burnet, south to Marble Falls and then east back to Leander. The study, paid for by the city, provided statistical proof for what officials and business types have been saying - Leander needs retail.
The data will aid in bringing more retail by showing potential businesses what products are desired the most. For instance, consumers in the area spent more than $2.1 million last year on optical goods, but retail sales in the area yielded only $158,378 for those products. Of the 29 product groups analyzed, none showed consumers were satisfying their needs in the area. Eighty-one percent of paints and sundries were bought in another area, 73.8 percent of audio equipment, and 73.5 percent of footwear.
For those of you investing in Greater Austin, Leander, Georgetown, Cedar Park, and Round Rock are HOT. Although there is more housing inventory, commercial developments are a good investment.
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