RETAIL INCUBATORS RENEWING CITIES---Chuck D'Aprix

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Retail incubators are now being used to create innovative, creative and cutting-edge businesses in downtowns and commericial districts according to Chuck D'Aprix
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United States of America (Press Release) December 8, 2007 -- November 8, 2007
Washington, DC


Retail Incubators can revitalize a small downtown or an urban commercial district faster than any other retail development program according to urban renewal expert Chuck D’Aprix of the Washington, D.C. based businesses, Economic Development Visions and the Downtown Entrepreneurship Project.

Retail incubators are locations in a downtown or commercial district where a group of new entrepreneurs share space, have “mini-stores” under one roof and slowly ease into the business and retail worlds. Often, the new entrepreneurs are provided training and of course offered very low rents as well as support amenities. D’Aprix points out the shared sense of camaraderie within the incubator is a support system in and of itself –often providing the retailers with new ideas and an informal group of advisors.

According to D’Aprix it is the most efficient way for a downtown, a neighborhood or other commercial district to develop new retailers. Eventually after a retailer finds her/his footing they “graduate” from the incubator, move into a neighborhood storefront and someone takes their place in the incubator. It is smooth, creative, cutting edge and it works. As D’Aprix says, “It allows people and commercial areas to express their creativity—it’s a win-win for very little money.”

D’Aprix says, “You are not getting chains locating, for the most part, in downtowns or commercial districts. You have so-called lifestyle centers replacing malls and almost every town or city has a Big Box City on the edge of town.” Why a community does not take on the issue of entrepreneurship and incubators is beyond me. The D'APRIX METHOD works--period

According to the urban planning expert, the retail incubator allows for the growth of businesses in downtowns and commercial districts and yields businesses that conventional shopping areas such as Big Box Store centers, malls and lifestyle centers cannot.

Chuck D’Aprix says, “With a retail incubator people can indulge their creative passions, can try new ideas, can innovate and express their creativity and can dive into the business world with vigor and a sense of the possible.” Try doing that in a mall or strip shopping center.

The community renewal professional also says that the structure of downtowns and commercial shopping districts allows for the establishment of retail incubators within their borders. He says, “ There are solid historical buildings, lower rents, great character and a sense of innovation, creativity and no fear of failure—what fertile soil in which to grow new businesses.”

D’Aprix’s organization THE DOWTOWN ENTREPRENEURSHIP PROJECT, assists downtowns, commercial districts and neighborhood shopping areas in the development of retail incubators and he says it is the wave of the future. “ I am getting more and more calls from commercial areas who want a retail incubator in order to grow businesses so that they can fight back against the encroachment of chain retail stores.
They want their community to have some character. A retail incubator can do just that and we at the DOWNTOWN ENTREPRENEURSHIP PROJECT can make it happen.”


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For more information:

The Downtown Entrepreneurship Project &
Economic Development Visions
2518 Tunlaw RD NW #101
Washington, DC 20007
202-248-9715(tel)
480-275-4535(fax)

Keywords:
Retail Incubator , D , Aprix
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