Gary Indiana - University Park

Retail in University Park

Broadway provides some neighborhood retail services, while Grant Street offers more regional, auto-oriented retail including the Village Shopping Center.

CHALLENGES

• Broadway is currently under performing as a neighborhood retail street.
• There are many abandoned structures, vacant land and several surface parking lots.
• There is a need for a variety of retail stores in University Park, including a grocery store.
• The current speed of traffic and wide expanse of pavement is not conducive to ‘walk-up’ customers.

OPPORTUNITIES

• Broadway and Ridge Road are strong locations for new neighborhood serving
  retail.
• There are a significant number of existing vacant buildings which are suitable for
  rehabilitation / renovation.
• There is demand for up to 210,000 square feet on new regional retail.
• Grant Street is a strong location for new regional retail.