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OPPORTUNITIES THREATS <br /> New retail and business uses  Competing retail both locally (internal) and from <br />surrounding communities (external) <br /> New customer base <br /> Lack of commuter rail stop in Downtown <br /> Rehabilitation of existing buildings <br /> Possible bypass of Highway 10 <br /> More public gathering spaces for social activities <br /> Continued expansion of Otsego/Highway 101 area <br /> Outdoor dining <br /> Traffic issues (congestion, increased traffic, crossing <br /> Blank slate north of railroad tracks <br />Highway 10, etc) <br /> More riverfront development <br /> Value of housing stock going down <br /> More access to River <br /> Land speculators (buying homes and renting them until they can <br /> Tie north and south areas together <br />put together large enough parcel to develop on) <br /> More residential development <br /> Economic fluctuations in general <br /> Moving west of Downtown to develop <br /> Noise (Highway 10 and railroad) <br /> Enhance Heinke Center <br /> Not leasing out existing retail in new redevelopment projects <br /> Current redevelopment efforts lend credibility <br /> Land locked for River access/trail <br /> to outside investors <br /> Market saturation <br /> North Star Rail and depot location <br /> Raising rents for existing businesses <br /> Screen railroad tracks and create buffers <br /> Through traffic <br /> Put in trail system along the River <br /> Increasing land acquisition costs <br /> Promote an authentic Downtown <br /> Changes in eminent domain laws <br /> Incubator businesses <br /> Fear of change <br /> Corridor to cross Highway 10 and railroad tracks <br /> Construction stress on existing businesses <br /> Attract more residents to live Downtown <br /> Lifestyle to support Downtown (convenience, price vs. <br />nostalgia, lack of interest and lack of wanted/needed services) <br /> Cost to upkeep aging real estate <br /> Interest in viable business that wants to expand (no are to <br />expand to Downtown or viability is no longer there since <br />interest has moved elsewhere in the community) <br /> <br />Note: <br />Items highlighted in bold under Opportunities are things we need to look to do in the future and takes into account our strengths and weaknesses as we move forward. Items <br />highlighted in bold under Threats are things we need to address to stay competitive. <br />