Join the effort
I applaud Barry Gordon’s efforts to organize a retail merchants association. A united retailers association would be a powerful force to reckon with.
As a marketing supplier to retailers, I encourage all retailers to join together in an effort to stem the loss of Aspen’s boutique retail environment.
Unprecedented and unsustainable rents juxtaposed with a diminishing bed base are forcing retailers out of business. Comments from visitors support their dissatisfaction with the dwindling boutique retail market that Aspen was once famous for.
As a group, retailers have an opportunity to work with the city which, along with the rest of our community, is suffering greatly from the lack of sales tax previously generated from retail sales.
It is time that a retail core be defined both geographically and economically. An economic model should be developed that defines a minimum return of sales tax per square foot of street level business within the core area.
Our city’s diminishing ability to fund projects should ameliorate any trepidation on the part of politicians and voters.
Perhaps we sweeten the pot. Create an incentive for landlords. Share any tax revenues generated over the prescribed minimum. This incentive should likely create more retail spaces at affordable rates.
By sharing in excess tax revenue, landlords should help to mitigate the lower rental base while contributing to a revitalized, diverse, exciting and economically healthy downtown core.
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.
Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.
User Legend: Moderator Trusted User
Ten years after plans for a diversion route for the Colorado River around Windy Gap Reservoir outside of Granby was finalized, the project is a go. A consortium of state and commercial water entities announced Monday that in late June or early July, construction crews will begin excavating dirt from land adjacent to U.S. Highway 40, to fill in part of the existing reservoir and dredge a new path for the Colorado River to flow around it.