DOCSLIB.ORG

Greater Lansing Retail Marketview

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

10.0% 8.8% Greater Lansing8.0% Retail 7.0% Unemploy 6.3% MarketView 6.0% 2H 2013 CBRE Global Research and Consulting 4.0% US UNEMPLOYMENT RATE MICHIGAN UNEMPLOYMENT RATE GREATER LANSING AREA UNEMPLOYMENT RATE 7.0% 8.8%2.0% 6.3% 2H 12 1H 13 0% 2H 13 RETAIL MARKET MARKS FOURTHLansing CONSECUTIVEMichigan U.S. PERIOD OF POSITIVE GROWTH Quick Stats Chart 1: Vacancy by Submarket 2H 2013 Current Change Change 35.0% 29.4% from last from last 30.0% Year Period 25.0% 21.8% Vacancy 17.0% i i 20.0% 17.0% 14.2% Rental Rates h h 15.0% Vac. by Sub 10.3% 10.0% +110,788 SF Net Absorption h h (+1.5%) 5.0% Under Construction 40,000 SF h h 0% East North South West Mkt Avg Source: CBRE Research, 2H 2013. Hot Topics Encouraging trends and fundamentals at Delta is under construction west of I-96 first noted in the second half of 2012 on Saginaw. The new strip center brings • National retailers take greater continued throughout 2013. Absorption, strong national retailers to the area, interest in the Greater Lansing Area occupancy levels and net lease rates including Maurice’s, Ulta, Five Below, show steady signs of improvement. Retail Dress Barn and Lane Bryant. • Rental rates are increasing vacancies4.5% of leased space within the 4.1%Activity is also picking up in the East market4.0% average 17.0%, down from 18.0% Submarket’s regional 1.2 million-square- • Landlords remodeling centers to stay in 1H 2013 and down from 19.4% a year foot Meridian Mall (not included in this 3.5% competitive ago. survey), where Planet Fitness will soon Across3.0% the Greater Lansing area, property open a 23,000-square-footAbsorb. fitness center • Discount stores and thrift stores owners2.5% and investors continue to reinvent and H&M will locate its eighth Michigan expand throughout the market under-performing retail properties. This store within 18,000 square feet of a trend2.0% is visible in the East and South 30,000-square-foot mall expansion. 1.5% Submarkets,1.5% where a number of1.3% obsolete On the west side, a new 5,400-square- Notable Market Activity* strip centers have recently0.9% undergone foot Longhorn Steakhouse is under facelifts1.0% in order to compete with newer construction within the 700,000+-square- 0.3% Sears Hometown Outlet – properties.0.5% Redevelopment slated for 2014 foot Lansing Mall. will be scattered throughout the market 30,000 SF - Waverly Plaza 0% Interest from national retailers has and will include:East theNorth 46,800-square-foot South Westescalated Mkt Totalmarketwide, with users paying Planet Fitness – 23,000 SF - Trowbridge Plaza, across from Michigan top dollar to occupy new space in key State University; the 63,843-square-foot Meridian Mall areas. Struggling Class B/C properties 35.0%Delhi Village Square (South Submarket); also fared1H 12well during 2013, with over and the 10,123-square-foot long-vacated 130,000 square feet of less-than- 30.0% 2H 12 H&M – 18,000 SF - Meridian Mall former Cheeseburger in Paradise building prime retail1H 13 space absorbed by local, (West Submarket). regional 2Hand 13 nationally operated thrift 25.0%Demand for existing retail space is and overstock stores such as Salvation Tuesday Morning – 17,710 SF - 1 increasing throughout all submarkets, with Army, Habitat for Humanity, Volunteers of Frandor Shopping Center 20.2% 20.0%the East Submarket’s Frandor Shopping America,19.1% Value Land and HistoryOllie’s Bargain of Vac. 18.0% *Market data compiled ending December 30, 2013 Center a current hot spot with the recent Barn. 17.0% 15.0%additions of Tuesday Morning and With 2013 net absorption of leased Massage Green. Further, a new three- space totaling +1.5%, market recovery is building, 40,000-square-foot Marketplace 10.0% expected to carry on throughout 2014. 5.0% © 2014, CBRE, Inc. Part of the CBRE affiliate network 0% East North South West Mkt Avg Part of the CBRE affiliate network West 23% East Part of the CBRE affiliate network 38% East Market Comp. North South Part of the CBRE affiliate network South West 22% North 17% Reverse Part of the CBRE affiliate network Part of the CBRE affiliate network Reverse RETAIL MARKET STATISTICS Table 2: Market Statistics 2H 2013 Leasable Vacancy 2H 13 Asking Submarket Area Rate Absorption Lease Greater Lansing Retail | Greater Lansing Retail (SF) (%) (SF) Rates* East 2,784,300 10.3% 8,546 $11-20.00 0.3% North 1,237,889 29.4% 11,215 $6-26.00* MarketView 0.9% South 1,572,256 21.8% 20,663 $6-13.00 1.3% West 1,708,906 14.2% 70,364 $7-15.00 4.1% Market Total 7,303,351 17.0% 11,788 1.5% Note: End caps, drive-through and new centers have higher asking rates. *Eastwood Towne Center has asking lease rates up to $32.00 per square foot. Chart 3: Unemployment Rate 10.0% 8.8% The unemployment rate within the Greater Lansing MSA decreased from 8.1% in 1H 2013 to 6.3% in 2H 2013. 8.0% 7.0% Over the Unemploysame period, the Michigan unemployment rate 6.3% increased from 8.7% to 8.8%, while the U.S. 6.0% unemployment rate fell from 7.6% to 7.0% 4.0% 2.0% 2H 12 1H 13 0% 2H 13 Lansing Michigan U.S. Source: US Bureau of Labor Statistics: 2H 2013. 2 35.0% 29.4% 30.0% 25.0% 21.8% 20.0% 17.0% 14.2% 15.0% Vac. by Sub 10.3% © 2014, CBRE, Inc. Part10.0% of th e CBRE affiliate network 5.0% 0% East North South West Mkt Avg Part of the CBRE affiliate network Part of the CBRE affiliate network 4.5% 4.1% 4.0% Part of3.5% the CBRE affiliate network 3.0% Absorb. 2.5% Reverse Part of2.0% the CBRE affiliate network 1.5% 1.5% 1.3% 0.9% 1.0% Part of the CBRE 0.3%affiliate network 0.5% 0% East North South West Mkt Total 35.0% 1H 12 30.0% 2H 12 1H 13 Reverse 2H 13 25.0% 20.2% 20.0% 19.1% History of Vac. 18.0% 17.0% 15.0% 10.0% 5.0% 0% East North South West Mkt Avg West 23% East 38% East Market Comp. North South South West 22% North 17% 10.0% 8.8% 8.0% 7.0% Unemploy 6.3% 6.0% 4.0% 2.0% 2H 12 1H 13 0% 2H 13 Lansing Michigan U.S. 35.0% 29.4% 30.0% 25.0% 21.8% 20.0% 17.0% 14.2% 15.0% Vac. by Sub 10.3% 10.0% 5.0% 0% East North South West Mkt Avg 4.5% 4.1% 10.0%4.0% 3.5% 8.8% 8.0% 3.0% 7.0% Absorb.Unemploy 2.5% 6.3% 6.0% 2.0% 1.3% 1.5% 4.0%1.5% 0.9% 1.0% 0.3% 2.0%0.5% 2H 12 0% East North South West Mkt Total 1H 13 0% 2H 13 Lansing Michigan U.S. 35.0% 1H 12 30.0% 2H 12 35.0% 1H 13 29.4% 2H 13 25.0%30.0% 25.0% 20.2% 20.0% 21.8% 19.1% History of Vac. 20.0% 18.0% 17.0% 17.0% 14.2% 15.0%15.0% Vac. by Sub 10.3% 10.0% 10.0% 5.0% 0% 5.0% East North South West Mkt Avg 0% ChartEast 4 : MarketNorth Composition South West Mkt Avg MARKET COMPOSITION The Greater Lansing retail market comprises over 7.3 mil- lion square feet of leased space divided into four submarkets: East, North, South and West. The largest submarket (38%) is the East Submarket, home to Michigan State University. The 2H 2013 4.5% West 23% 4.1% smallest submarket is the North Submarket (17%),home to 4.0% East the popular Eastwood Towne center and the struggling Clark 10.0% 38% Corners (former outlet mall). 3.5% East 8.8% Market Comp. | Greater Lansing Retail 3.0% North New construction is being seen throughout the market. The 8.0% East SubmarketAbsorb. will soon welcome three privately owned South 2.5% 7.0% mixed-useUnemploy projects totaling approximately 328,000 square South 6.3% West feet in downtown East Lansing, all of which offer first floor 6.0% 2.0% 22% 1.5% retail space. Additionally, Whole Foods has received site plan 1.5% 1.3% approval to build a 35,000-square-foot store in Meridian 0.9% North Township. 4.0% 1.0% 17% 0.3% 0.5% In the North Submarket, development of The Heights at East- MarketView wood continues with two new hotels (Hyatt Place and Fairfield 2.0% 0% Source: CBRE Research, 2H 2013. East North South West Mkt Total Inn) and a mixed-use building featuring 142 units of multi- 2H 12 family housing and 15,000 square feet of first floor retail. Chart 5: History of Vacancies 1H 13 0% 2H 13 Lansing Michigan U.S. The West Submarket is also active as The Marketplace at 35.0% Delta Township (at I-96 and Saginaw Highway near Walmart) 1H 12 recently expanded by 40,000 square feet to accommodate 2H 12 30.0% Five Below, Ulta, Lane Bryant, Dress Barn and Maurice’s. In 1H 13 2H 13 addition, the former Mervyn’s wing of the Lansing Mall is be- 35.0%25.0% ing repurposed as a 12-screen Regal Theater, and the former 29.4% 30.0% Cheeseburger in Paradise restaurant will be replaced by a 20.2% 13,000-square-foot retail strip center that will house Vitamin 20.0% 19.1% History of Vac.
Recommended publications
  • (517) 323-8560 Agenda Delta Charter Township Planning

    (517) 323-8560 Agenda Delta Charter Township Planning

    Supervisor Kenneth R. Fletcher Trustee Fonda J. Brewer Treasurer Howard A. Pizzo Trustee Andrea M. Cascarilla Clerk Mary R. Clark Trustee Dennis R. Fedewa Manager Brian T. Reed Trustee Karen J. Mojica Planning Department (517) 323-8560 AGENDA DELTA CHARTER TOWNSHIP PLANNING COMMISSION MEETING TUESDAY, MAY 26, 2020, REGULAR MEETING 6:00 P.M. In Compliance with Governor Whitmer’s Executive Order 2020-75, This Meeting is Being Conducted Virtually via the Zoom Remote Meeting Platform How to Connect : Via the Web Meeting URL: https://us02web.zoom.us/j/89704048112?pwd=Sy94NlVmcXZwNzFHUFlaNmcrYnlMZz09 Meeting ID: 897 0404 8112 0854 Password: 370274 Via Phone Call-In Options using the U.S. numbers: +1 312 626 6799 | +1 646 876 9923 | +1408 638 0968 | +1669 900 6833 +1 253 215 8782 | +1 301 715 8592 | +1346 248 7799 International numbers available at https://zoom.us . Meeting ID: 897 0404 8112 Password: 370274 For the hearing impaired, please call 711 to access the FCCs phone relaying service and provide one of the U.S. number call-in information above. If you need assistance connecting, please contact IT Director David Marquette at [email protected] . Public comment will be available to meeting participants. I. CALL TO ORDER II. PLEDGE OF ALLEGIANCE III. ROLL CALL IV. APPROVAL OF AGENDA 7710 West Saginaw Highway • Lansing, Michigan 48917-9712 Phone: (517) 323-8560 • Fax: (517) 323-8599 www.deltami.gov • www.facebook.com/deltatownship • www.twitter.com/deltatownship Planning Commission Agenda Tuesday, May 26, 2020, Regular Meeting Page 2 V. APPROVAL OF MINUTES • Minutes of the March 9, 2020 Planning Commission Meeting.
  • Prom 2018 Event Store List 1.17.18

    Prom 2018 Event Store List 1.17.18

    State City Mall/Shopping Center Name Address AK Anchorage 5th Avenue Mall-Sur 406 W 5th Ave AL Birmingham Tutwiler Farm 5060 Pinnacle Sq AL Dothan Wiregrass Commons 900 Commons Dr Ste 900 AL Hoover Riverchase Galleria 2300 Riverchase Galleria AL Mobile Bel Air Mall 3400 Bell Air Mall AL Montgomery Eastdale Mall 1236 Eastdale Mall AL Prattville High Point Town Ctr 550 Pinnacle Pl AL Spanish Fort Spanish Fort Twn Ctr 22500 Town Center Ave AL Tuscaloosa University Mall 1701 Macfarland Blvd E AR Fayetteville Nw Arkansas Mall 4201 N Shiloh Dr AR Fort Smith Central Mall 5111 Rogers Ave AR Jonesboro Mall @ Turtle Creek 3000 E Highland Dr Ste 516 AR North Little Rock Mc Cain Shopg Cntr 3929 Mccain Blvd Ste 500 AR Rogers Pinnacle Hlls Promde 2202 Bellview Rd AR Russellville Valley Park Center 3057 E Main AZ Casa Grande Promnde@ Casa Grande 1041 N Promenade Pkwy AZ Flagstaff Flagstaff Mall 4600 N Us Hwy 89 AZ Glendale Arrowhead Towne Center 7750 W Arrowhead Towne Center AZ Goodyear Palm Valley Cornerst 13333 W Mcdowell Rd AZ Lake Havasu City Shops @ Lake Havasu 5651 Hwy 95 N AZ Mesa Superst'N Springs Ml 6525 E Southern Ave AZ Phoenix Paradise Valley Mall 4510 E Cactus Rd AZ Tucson Tucson Mall 4530 N Oracle Rd AZ Tucson El Con Shpg Cntr 3501 E Broadway AZ Tucson Tucson Spectrum 5265 S Calle Santa Cruz AZ Yuma Yuma Palms S/C 1375 S Yuma Palms Pkwy CA Antioch Orchard @Slatten Rch 4951 Slatten Ranch Rd CA Arcadia Westfld Santa Anita 400 S Baldwin Ave CA Bakersfield Valley Plaza 2501 Ming Ave CA Brea Brea Mall 400 Brea Mall CA Carlsbad Shoppes At Carlsbad
  • January 2020

    January 2020

    THE MONTHLY NEWS MAGAZINE OF THE LANSING REGIONAL CHAMBER OF COMMERCE • JANUARY 2020 PROJECTION 2020 A DECADE OF GROWTH IN THIS ISSUE TECHSMITH’S WENDY HAMILTON TO LEAD CHAMBER BOARD IN 2020 CHAMBER AMBASSADORS HELP MEMBERS CONNECT, GROW & THRIVE FOCUS ON SMALL BUSINESS: CASK & COMPANY MESSAGE FROM THE CHAMBER Fulfilling the Mission of Serving Our Members IT IS MY GREAT HONOR TO SERVE as the 2020 chair of the Lansing Regional Chamber (LRCC) of Commerce Board of Directors. I have great admiration for the role the Chamber plays in serving its members and its leadership in helping to build a better region. It has also been my privilege to serve as CEO of TechSmith, a firm that was co-founded by my father, Bill Hamilton in 1987. TechSmith is a global leader in screen recording and screen capture software. Our company, probably very much like yours, struggled through the early years, but through the hard work and perseverance of our outstanding team members have managed to turn a small technology firm into a world leader in visual communication software. Though it was not something I had planned on doing, I was pleased to join TechSmith in 2014, which was the culmination WENDY HAMILTON of a career in the technology industry. My family and I have come to enjoy our lives living and working in the Greater Lansing region. 2020 Board Chair Lansing Regional Chamber of Commerce & I have always considered myself to be a customer-facing leader and am quite proud of the legacy that TechSmith has created CEO, TechSmith in adding value to our customers.
  • BRENTWOOD MANOR 2928 Kenwick Circle, Lansing, MI 48912

    BRENTWOOD MANOR 2928 Kenwick Circle, Lansing, MI 48912

    MULTIFAMILY PROPERTY FOR SALE BRENTWOOD MANOR 2928 Kenwick Circle, Lansing, MI 48912 OFFERING SUMMARY PROPERTY HIGHLIGHTS Sale Price $ 2,600,000 • Brentwood Manor is comprised of 43 2bdrm, 1 bath units, one 1bdrm 1bath unit, and one 3bdrm 2 bath. 45 Total Units: • Located on the north side of Lansing in the Groesbeck neighborhood. 57,777 Price Per Unit ($): • Strong underlying demographics in the 1-mile area: 12,391 people earning a median income of $49,507 37,300 Rentable SQFT: Minutes from Ranney Park, Sparrow Hospital, and Michigan State University campus. 827 Average Unit Size • Easy access to retail corridors with Frandor Shopping Center and Eastwood Towne Center nearby. 1964 Year Built: • Fully renovated property in 2003 • Covered parking spaces for every resident 1.85 acres Lot Size: 8.1% Yr1 Pro Forma Cap-Rate 9.6% Yr5 Pro Forma Cap-Rate FOR MORE INFORMATION CONTACT: John Nechiporchik Stewart Beal [email protected] [email protected] Tel: (734) 642-6986 Tel: (734) 320-6376 MULTIFAMILY PROPERTY FOR SALE BRENTWOOD MANOR 2928 Kenwick Circle, Lansing, MI 48912 Sale Price $ 2,600,000 BUILDING INFORMATION Structural System Brick/Masonry Roof Type Pitched Shingled Floor Type Vinyl / Carpet Heat Source Furnace Air Conditioning Wall Laundry On-Site Yes # of Parking Spaces 62 (52 covered) Submarket: Groesbeck Area Parcel Number(s) 21-01-11-406-010 UTILITIES Service/Utility Source/Company Paid By Electric LBWL Tenant Gas Consumers Energy Owner Water LBWL Owner Sewage LBWL Owner Trash Waste Management Owner No. Approximate Current
  • Existing and Future Conditions Inventory

    Existing and Future Conditions Inventory

    Michigan / Grand River Avenue Transportation Study TECHNICAL MEMORANDUM From: URS Consultant Team To: CATA Project Staff and Technical Committee Date: October 28, 2009 Topic: Technical Memorandum #2 – Existing/Future Conditions Inventory 1.0 INTRODUCTION The Existing/Future Conditions Inventory is the second in a series of technical memorandums for the Michigan/Grand River Avenue Transportation Corridor. This information will be referred to as part of the development and evaluation of alternatives and, ultimately the definition of a Locally Preferred Alternative for improving transit service and overall multimodal transportation service in the Michigan / Grand River Avenue Transportation Corridor (Map 1-1). This Technical Memorandum is divided into the following sections: Section 2 provides an inventory of the Corridor’s existing transportation network characteristics and conditions. Section 3 describes population and household trends impacting transportation in the Corridor. Section 4 gives an overview of existing employment clusters and projected trends for future job growth in the Region and Corridor. Section 5 provides a summary of the land uses and development trends in the Corridor. Section 6 gives an overview of cultural resource needs analysis in Region and Corridor. Section 7 provides a summary of natural environment concerns including floodplains, wetlands, 4(f) and 6(f) impacts, and groundwater Section 8 describes hazardous materials/waste site analysis needs in the Corridor Technical Memorandum #2: 10/28/2009 1 Existing/Future Conditions Analysis Michigan Ave/Grand River Ave Multimodal Corridor Studies Section 9 provides an overview of air quality analysis needs and the process to identify the regulatory framework for the Corridor air quality Section 10 discusses noise and vibration analysis needs within the Corridor 2.0 TRANSPORTATION CHARACTERISTICS Communities in the Michigan / Grand River Corridor are experiencing a host of transportation related problems and needs.
  • Highlights Meridian Mall

    Highlights Meridian Mall

    MERIDIAN MALL Lansing (Okemos), MI Anchor Redevelopment Opportunities: Seeking Retail & Non-Retail Uses CBL PROPERTIES Building A: 74,889-square-feet (one level) Building B: 93,597-square-feet (two levels) HIGHLIGHTS NUMBER OF STORES 92 TRADE AREA 598,443 (2017 est.) SIZE 943,904 square feet CENTER EMPLOYMENT 1,500 (est.) FEATURED STORES Macy’s, JCPenney, Dick’s Sporting Goods, Bed, Bath & Beyond, Schuler’s Books, and H&M YEAR OPENED 1969 WEBSITE MeridianMall.com CORPORATE OFFICE: FOR LEASING: CBL Center, Suite 500 MALL OFFICE: CBL PROPERTIES Allen Rock 1982 Grand River Ave. cblproperties.com 2030 Hamilton Place Boulevard p. 734.462.1100 c. 423.802.9324 Oekmos, MI 48864 NYSE: CBL Chattanooga, TN 37421-6000 [email protected] 517.349.2031 423.855.0001 DEMOGRAPHICS TRADE AREA FACTS PRIMARY SECONDARY TOTAL • Meridian Mall serves the Mid-Michigan geographic area including POPULATION TRENDS TRADE AREA TRADE AREA TRADE AREA Michigan’s capital city, Lansing, and the surrounding counties of 2022 Projection 411,872 210,864 622,736 Ingham, Eaton, Clinton and Shiawassee. 2017 Estimate 393,636 204,807 598,443 • Our trade area is the home to 13 colleges and universities including 2010 Census 391,620 199,157 590,777 Michigan State University (50,019 students), Lansing Community 2017-2022 % Change 4.63% 2.96% 4.06% College and the nation’s 7th largest law school, Western Michigan 2017 Daytime Population Estimate 245,200 68,615 313,815 University Cooley Law School. • The facility for Rare Isotope Beams (FRIB), a nuclear physics research project, was awarded to Michigan State University.
  • CBL & Associates Properties 2012 Annual Report

    CBL & Associates Properties 2012 Annual Report

    COVER PROPERTIES : Left to Right/Top to Bottom MALL DEL NORTE, LAREDO, TX CROSS CREEK MALL, FAYETTEVILLE, NC BURNSVILLE CENTER, BURNSVILLE, MN OAK PARK MALL, KANSAS CITY, KS CBL & Associates Properties, Inc. 2012 Annual When investors, business partners, retailers Report CBL & ASSOCIATES PROPERTIES, INC. and shoppers think of CBL they think of the leading owner of market-dominant malls in CORPORATE OFFICE BOSTON REGIONAL OFFICE DALLAS REGIONAL OFFICE ST. LOUIS REGIONAL OFFICE the U.S. In 2012, CBL once again demon- CBL CENTER WATERMILL CENTER ATRIUM AT OFFICE CENTER 1200 CHESTERFIELD MALL THINK SUITE 500 SUITE 395 SUITE 750 CHESTERFIELD, MO 63017-4841 strated why it is thought of among the best 2030 HAMILTON PLACE BLVD. 800 SOUTH STREET 1320 GREENWAY DRIVE (636) 536-0581 THINK 2012 Annual Report CHATTANOOGA, TN 37421-6000 WALTHAM, MA 02453-1457 IRVING, TX 75038-2503 CBLCBL & &Associates Associates Properties Properties, 2012 Inc. Annual Report companies in the shopping center industry. (423) 855-0001 (781) 398-7100 (214) 596-1195 CBLPROPERTIES.COM HAMILTON PLACE, CHATTANOOGA, TN: Our strategy of owning the The 2012 CBL & Associates Properties, Inc. Annual Report saved the following resources by printing on paper containing dominant mall in SFI-00616 10% postconsumer recycled content. its market helps attract in-demand new retailers. At trees waste water energy solid waste greenhouse gases waterborne waste Hamilton Place 5 1,930 3,217,760 214 420 13 Mall, Chattanooga fully grown gallons million BTUs pounds pounds pounds shoppers enjoy the market’s only Forever 21. COVER PROPERTIES : Left to Right/Top to Bottom MALL DEL NORTE, LAREDO, TX CROSS CREEK MALL, FAYETTEVILLE, NC BURNSVILLE CENTER, BURNSVILLE, MN OAK PARK MALL, KANSAS CITY, KS CBL & Associates Properties, Inc.
  • Welcome 2013 Odyssey of the Mind World Finals

    Welcome 2013 Odyssey of the Mind World Finals

    OMER’SOMER’Sworld news Tuesday, May 21 & Wednesday May 22, 2013 WELCOME 2013 ODYSSEY OF THE MIND WORLD FINALS - TO SPARTAN COUNTRY! BY BRENDAN DWYER IN THIS ISSUE ast Lansing Michigan, and Michigan State EUniversity, are thrilled to once again be the Welcome! ....................................1 home of the Odyssey of the Mind World Finals Important Phone Numbers .........1 competition. This 34th annual event brings Commemorative OMER Stamp ..1 together over 8,000 participants from around the world and the stage is set for an epic week Team Photography .....................1 of learning, competition, camaraderie and fun. OotM EL Businesses Impact ......2 A university known world-wide for cutting Team Dining and Housing ..........2 edge research in science and agriculture, Souvenir Stations .......................2 Michigan State is an ideal setting for an event showcasing the innovation of today’s brightest Dining Hall Hours ........................2 young minds. Offering over 150 majors and an Shuttle Schedule ........................2 annual enrollment of nearly 50,000 students, Opening Ceremonies Tickets .....2 all spread across a beautiful and scenic 5,200- Weather Forecast .......................3 acre campus, MSU is both an intellectual hot- bed and a picturesque landscape. East Lansing Computer Access .......................3 is a bright and thriving community full of unique Spartan Green ............................3 attractions, galleries, museums and plenty of Supply Stores .............................3 unique shopping and dining opportunities. NASA Sponsorship .....................4 When not in competition, participants, friends What To Do On Campus .............4 and family are encouraged to seek out some of the many attractions on campus! Special Offer ...............................4 As the nation’s !rst land grant college, Event Schedule ..........................4 MSU is a foremost leader in horticulture and Heath Services ...........................4 botany.
  • Forecasting Future Transit Route Ridership

    Forecasting Future Transit Route Ridership

    Transportation Research Record 1036 19 Forecasting Future Transit Route Ridership HERBERT S. LEVINSON ABSTRACT This paper contains an analysis of the ridership potentials of various public transportation options for the Michigan Avenue Corridor in East Lansing (.!_). Ridership projections were based on: corridor population and employment growth; changes in service levels resulting from the various options: and effects of changes in gasoline price, parking costs, and increased traffic congestion. An origin-destination matrix of bus riders was derived from on-and-off counts. Differential growth rates for various sections of the corridor were developed and applied to this derived matrix to derive future bus trip interchange pat­ terns. Elasticity factors were applied to specific trip linkages to estimate the impacts of reduced travel times for both the $0.35 fare in effect during 1979-1980, and the $0.50 fare placed in effect during June, 1981. Sensitivity analyses were conducted to quantify the impacts of changes in gasoline costs and availability, increased traffic congestion, and changes in downtown parking policy. Ridership estimates were developed for 1985 and 2000 for five service options. The daily ridership would increase from 6,235 passengers in 1980 (with a $0. 35 fare) to between 7, 200 and 9 ,ODO passengers by year 2000 for a $0. 50 fare. Peak-hour one-way riders at the maximum load point would rise from 440 passengers in 1980 to 860 passengers by year 2000 depending on the service option. The ridership forecasting methods have applicability in other urban areas as well. They are particularly valuable where it is reasonable to assume that transit will retain its share of the corridor travel market (i.e., short­ range forecasts).
  • CATA Community Report 2008

    CATA Community Report 2008

    MOVING PEOPLE. MOVING COMMUNITIES. 2008 Community Report When People Thrive, Communities Thrive. Lansing, MI 48910 Street 4615 Tranter Authority Transportation Capital Area Exploding Demand for CATA Service 11 MILLION 10 MILLION 9 MILLION 8 MILLION 7 MILLION 6 MILLION 5 MILLION 4 MILLION PASSENGER RIDES 3 MILLION 2 MILLION 1 MILLION 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 There are roughly 277,000 people who live in the CATA service area. This year, passengers will take a record 11 million rides onboard CATA buses. This is a remarkable level of use given the population base. PRSRT STD MAIL PRSRT PERMIT NO. 320 Over the last ten years, CATA ridership increased two and a half times. U.S. POSTAGE RAVENNA MI RAVENNA Even after bus fares were raised in April 2008, ridership continued its PAID dramatic rise. Passengers took nearly 20% more rides that same month compared with April 2007. Since August 2007, seven of the twelve months have shown double-digit increases in urban fixed-route ridership compared to last year. Dear Friend, It is an exciting time at the Capital Area Transportation Authority. The excitement comes from serving more people in our community than ever before. Many people are boarding our buses who are using CATA for the first time. They use our services as a way to avoid high gas prices and to help stretch household budgets. People who have used our services for some types of rides over the years are now riding more often as a way to save money.
  • News, East Lansing, Michigan I

    News, East Lansing, Michigan I

    MICHIGAN STATE t a t e n e w s UNIVERSITY Sunday, November 14, 1965 East Lansing, Michigan WINBYWIN STANDINGS W L MSU13 UCLA 3 MICH. ST. 7 0 Ohio State 5 1 MSU 23 Penn St. 0 Minnesota 4 2 MSU 22 Illinois 12 Purdue 4 2 MSU 24 Michigan 7 Wisconsin 3 3 MSU 32 Ohio State 7 Illinois 3 3 MSU 14 Purdue 10 N ’western 2 4 jbmk -1 m m *mt m MSU 49 N’western 7 Michigan 2 4 MSU 35 Iow a 0 Indiana 1 5 Indiana 13 Io w a 0 7 MSU 27 A-2 Sunday, November 14, 1965 BIG TEN CHAMPIONS Unbeaten ! First Outright r all afternoon by an agj!gravated knee injury, ran for 47 yards and fumbled once. Indiana Throws Scare, This sloppy ball handling was partially due to the cold 39-degrcc weather. , , The Spartans ground out 194 yards rushing to Indiana s 65. Quarterback Frank Stavroff completed 14 of 27 attempted passes But State Rallies,27-13 for 173 yards. End Bill Malinchak haunted Slate’ s defensive lacks all after­ By RICK PI AN IN noon, catching five passes for 89 yards and one TD. Malinchak State News Staff W riter hauled in a beautiful 46-yard pass late in the second quarter and caught a 10-yard touchdown pass on the next play, with only 46 The Spartan football team claimed its seconds remaining. first undisputed Big Ten championship’here This cut State's early lead to 1 0 -7 and sparked Indiana to go ahead in the third quarter.
  • Shopping Suggestions Near Downtown Downtown Lansing 401

    Shopping Suggestions Near Downtown Downtown Lansing 401

    Shopping Suggestions near Downtown Downtown Lansing 401 S. Washington Sq., Ste 101 Lansing, MI 48933 Contact: Mindy Biladeau Phone: (517) 487-3322 Fax: (517) 483-6057 Email: [email protected] Website: http://www.downtownlansing.org Description: Discover the comfortable and sophisticated atmosphere of downtown Lansing. A diverse collection of entertainment hot spots and urban lofts continue to emerge. One of a kind shopping and dining experiences are all within walking distance of the State Capitol Building, three higher education facilities, Oldsmobile Park- home of the Lansing Lugnuts, the River Trail, museums, galleries, and theaters. Downtown Lansing is the perfect place to dine and unwind. Eastwood Towne Center 3003 Preyde Blvd. Lansing, MI 48912 Contact: Emily Desrochers Phone: (517) 316-9209 Fax: (517) 316-9214 Email: [email protected] Website: http://www.shopeastwoodtownecenter.com Description: Shopping the way it ought to be! Featuring upscale fashion retailers, home furnishing shops, and a variety of dining opportunities. Retailers include: Pottery Barn, Williams-Sonoma, J. Crew, Coldwater Creek, Banana Republic, White House Black Market and more. Dine at PF Chang's China Bistro, Mitchell's Fish Market, Claddagh Irish Pub and many more! Gift cards available. Lansing City Market 325 City Market Dr. Lansing, MI 48912 Contact: Lori Mellentine Phone: (517) 483-7460 Fax: (517) 483-7462 Website: http://www.lansingcitymarket.com Description: The historic Lansing City Market, established in 1909, continues to offer consumers a taste of mid-Michigan's finest. Specializing in locally grown, organic and sustainable items, the City Market is proud to offer fresh local fruits, vegetables, flowers, plants, cheeses, bakery goods, milk, meats and other value-added items.