Posted Jul 15, 2008, 2:48 AM
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It's Hammer Time
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Join Date: Mar 2004
Location: Hamilton
Posts: 20,302
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When a new retail development is planned, developers look at an area around 10km from the proposed retail site. Often time Hamilton's number is combined with other cities, especially when the retail is located near a major road like QEW, Linc, Red Hill, Upper James, etc.
For example 0 to 10km from QEW and Fifty Rd the average household income is $74,440 and 0 to 5km the average household income is $90,160. Basically it's rare for retail developers to soley look at Hamilton's numbers.
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