Glenwood: Wal-Mart up, other retailers down |

Glenwood: Wal-Mart up, other retailers down

Allyn HarveyAspen Times Staff Writer

The question of whether a big-box store in Crystal River Marketplace will save or destroy Carbondale is for voters to answer.But just for comparison’s sake, The Aspen Times took a look at what’s happening down the road in Glenwood Springs, especially at the Roaring Fork Marketplace, home of Wal-Mart.Both Carbondale and Glenwood Springs saw their sales tax revenues dip in 2002, according to records from their respective finance departments.In Carbondale, year-to-year sales tax collections fell about 5.6 percent, from $2,518,840 in 2001 to $2,376,418 in 2002; in Glenwood Springs, they fell 2.43 percent from $10,696,100 to $10,435,862.But a closer look at the Glenwood sales tax picture indicates the Roaring Fork Marketplace was one of the few sections of town where sales tax revenues increased, albeit slightly.In 2001, the Roaring Fork Marketplace generated $2,292,296 in sales tax revenue for the city of Glenwood Springs. In 2002, collections were up $11,188 to $2,303,484, an increase just under one-half of 1 percent.At the West Glenwood Mall, anchored by Kmart and J.C. Penney, the picture wasn’t nearly as rosy. In 2001, sales tax collections from the mall were $1,275,523. Last year they were down, 8/10ths of 1 percent, or $101,807 to $1,173,716.The situation at the mall in West Glenwood is more indicative of goings-on around the city. Business was down along U.S. Highway 6, east of the West Glenwood Mall, in the North Glenwood area around the Hot Springs Lodge & Pool, in the old downtown section along Grand Avenue, and along auto row between 23rd Street and the city limits.The only other section of Glenwood Springs to see an increase in sales was the stretch of Grand Avenue between 11th and 23rd streets. Sales tax collections there were up about $30,000 in 2002 over 2001.

Support Local Journalism

Support Local Journalism

Readers around Aspen and Snowmass Village make the Aspen Times’ work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Each donation will be used exclusively for the development and creation of increased news coverage.

For tax deductible donations, click here.

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User


See more