Business and Demographics An estimated 1,565 businesses are located in the redevelopment area that support 22,940 employees, based on 2021 ESRI Business Analyst data. The breakdown of businesses by North American Industry Classification System (NAICS) category are shown in Table 2 . Retail Trade and Professional, Scientific and Tech Services make up the largest percent of total businesses in the redevelopment area at 12.9%, and 12.1%, respectively. The other significant businesses in the area based on percent of employees include manufacturing at 14.2%, Professional, Scientific and Tech Services at 12.2%, and wholesale trade at 11.6%. Many of the businesses are accessed by freight and truck, requiring a large footprint for parking lots and rail right-of-way. Table 2. NAICS Business Types
Total Business
Total Employees
2021 ESRI Forecast
1,565
22,940
Percent of Total Business
Percent of Total Employees
NAICS Code
Retail Trade
12.9% 12.1% 11.0% 10.7%
9.8%
Professional, Scientific & Tech Services
12.2%
Construction
8.0% 0.7%
Unclassified Establishments
Wholesale Trade Manufacturing
9.8% 6.8% 5.9% 5.2% 4.5% 4.2% 4.0% 3.7% 3.1% 2.4% 1.5% 1.0% 0.8% 0.2% 0.1% 0.1% 0.0%
11.6% 14.3%
Other Services (except Public Administration)
3.4% 6.5% 7.6% 2.9% 4.1% 2.8% 2.8% 6.2% 1.3% 0.4% 4.7% 0.7% 0.0% 0.0% 0.0%
Health Care & Social Assistance
Administration & Support & Waste Management & Remediation
Transportation & Warehousing Real Estate, Rental, & Leasing
Finance & Insurance
Accommodation & Food Services
Information
Arts, Entertainment & Recreation
Management of Companies & Enterprises
Education Services Public Administration
Agriculture, Forestry, Fishing & Hunting
Mining Utilities
Source: ESRI Business Analyst (2021)
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