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The SVBA sponsored study by Gonzaga University's Marketing Department
is now complete.
Mr. Evan Marques has provided the community of Spokane Valley
a very thorough economic impact report. Click on the
Sprague avenue
study
link to
be able to download the entire report. The purpose of
the study was to determine the specific economic impact of the
one way on Sprague Avenue on retail businesses in the "bubble" area;
from Thierman Road (the Freeway) to University Road. The study
provides factual information on four years of economic
activity gleaned from the business and property owners in the
"bubble" area specific to the period starting with the change of
Sprague Avenue traffic flow to this date.
The fear of expansion of a one way Sprague Avenue goes
well beyond
University Road.
The negative factors of the Sprague Avenue one way
impacts business all the way to Pines.
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This survey
documents the economic damage done to the "neighborhood",
showing considerable loss
of revenue (-20% average), property values, jobs, closed businesses and diminished
life savings of citizens and small business owners. The Gonzaga study provides extremely credible
analysis with documentation on the economic impact of the one way on Sprague Avenue.
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The
2004
SVBA
Sprague Avenue Committee
Chair: Dr. Phillip L. Rudy, DDS
Dick Behm + Sam Campbell + Tom Smith + Frank Tombari
Carlos Landa + Terry Lynch
Prepared by Evan Marques ---- August 11, 2004
This report was made available to the media, elected officials and the
public
at the scheduled monthly meeting of the Spokane Valley Business
Association's
Roads, Fire, Sewer and Safety Committee on August 11, 2004 in person
by
Mr. Evan Marques and Dr. Phillip L. Rudy, DDS with printed copies
distributed.
"
Click here to download
Sprague Report.pdf "
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