{"id":7428,"date":"2019-05-24T22:17:24","date_gmt":"2019-05-24T21:17:24","guid":{"rendered":"https:\/\/espacestrategies.com\/growth-themes\/developpement-commercial\/"},"modified":"2024-06-10T19:16:46","modified_gmt":"2024-06-10T18:16:46","slug":"commercial-development","status":"publish","type":"page","link":"https:\/\/espacestrategies.com\/en\/growth-themes\/commercial-development\/","title":{"rendered":"Commercial hubs \/ Commercial development"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row css=&#8221;.vc_custom_1473782200425{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 0px !important;}&#8221;][vc_column css=&#8221;.vc_custom_1473782209001{padding-top: 0px !important;}&#8221;][vc_single_image image=&#8221;5625&#8243; img_size=&#8221;2560&#215;800&#8243; alignment=&#8221;center&#8221; css=&#8221;.vc_custom_1675783731756{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 0px !important;}&#8221;][vc_text_separator title=&#8221;Commercial hubs \/ Commercial development&#8221; color=&#8221;orange&#8221; border_width=&#8221;5&#8243; el_class=&#8221;invert dx-h1&#8243;][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; gap=&#8221;20&#8243; css=&#8221;.vc_custom_1663699558725{padding-right: 30px !important;padding-left: 30px !important;background-color: #ffffff !important;}&#8221;][vc_column width=&#8221;1\/12&#8243;][\/vc_column][vc_column width=&#8221;10\/12&#8243;][vc_column_text css=&#8221;.vc_custom_1714592922494{padding-top: 30px !important;padding-bottom: 40px !important;}&#8221;]<\/p>\n<h2 style=\"text-align: left;\"><strong>WHAT IS COMMERCIAL DEVELOPMENT?<\/strong><\/h2>\n<div>\n<p>Commercial development is part of the broader theme of territorial development. It encompasses a set of actions and initiatives intended to enliven the city and promote a sector\u2019s commercial flourishing. Commercial development serves to meet the consumption needs of residents and contribute to an area\u2019s urban vitality.<\/p>\n<\/div>\n<div>\n<p>&nbsp;<\/p>\n<p><strong>WHY ENGAGE IN COMMERCIAL DEVELOPMENT?<\/strong><\/p>\n<\/div>\n<div>\n<p>Commercial development involves all organizations interested in territorial development, including municipalities, Commercial Development Corporations (CDCs), Regional County Municipalities (RCMs) and more. It brings together a set of tools that can be adapted to a wide range of issues.<\/p>\n<p>Commercial development may be relevant, for example, when revitalizing the commercial offering of a struggling neighbourhood with many vacant commercial spaces. Our team uses its expertise to develop a strategy to attract businesses to revive these neighbourhoods and give them a new lease on life. Commercial development can also be used to improve the offering of a neighbourhood with already strong commercial vitality. In all situations, we help local stakeholders find relevant positioning and create value.<\/p>\n<p>Beyond the public sphere, private organizations can also benefit from intervening in commercial development, such as by managing businesses and developing large projects like shopping centres.<\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: left;\">HOW CAN ESPACE STRAT\u00c9GIES ASSIST YOU?<\/h2>\n<div>\n<p>In the face of competition, some commercial arteries want to stand out and find an attractive commercial positioning to increase foot traffic. Espace Strat\u00e9gies uses its recognized strategy experience to identify each organization\u2019s unique and differentiating features to help align its offerings with its customers\u2019 needs and identify innovative projects in support of its objectives.<\/p>\n<p>Espace Strat\u00e9gies has extensive experience in developing commercial arteries and offers relevant interventions tailored to the needs of each client. Our team uses commercial development tools to support these interventions, which may include a diagnosis of the artery\u2019s commercial situation, an analysis of the artery\u2019s supply and demand, the development of a strategy to attract business establishments, the identification the artery\u2019s commercial positioning and much more.<\/p>\n<p>Espace Strat\u00e9gies is an independent firm that provides an outside perspective on and new ideas for your organization\u2019s challenges. As an external stakeholder, we advance new ideas and challenge certain problematic status quos. We work with public and municipal organizations as well as businesses, non-profits, investors, developers and the government. We use our understanding of different actors and their needs to easily make relevant connections.<\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: left;\"><strong>SERVICES OFFERED<\/strong><\/h2>\n<p>Espace Strat\u00e9gies offers a range of advisory services to address different growth themes. The services most relevant to <em>commercial development<\/em> are:<\/p>\n<ul>\n<li><a href=\"https:\/\/espacestrategies.com\/en\/services\/strategic-plan\/\">Strategic Plan<\/a><\/li>\n<li><a href=\"https:\/\/espacestrategies.com\/en\/services\/action-plan\/\">Action Plan<\/a><\/li>\n<li><a href=\"https:\/\/espacestrategies.com\/en\/services\/innovative-project-development\/\">Innovative Project Development<\/a><\/li>\n<li><a href=\"https:\/\/espacestrategies.com\/en\/services\/studies-analyses-and-research\/\">Studies, Analyses and Research<\/a><\/li>\n<li><a href=\"https:\/\/espacestrategies.com\/en\/services\/customised-workshops\/\">Customized Workshops<\/a><\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/12&#8243;][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1473954761949{margin-bottom: 0px !important;padding-bottom: 0px !important;}&#8221;][vc_column][vc_text_separator title=&#8221;For whom?&#8221; color=&#8221;orange&#8221; border_width=&#8221;5&#8243; el_class=&#8221;invert&#8221; css=&#8221;.vc_custom_1705085367821{margin-bottom: 0px !important;}&#8221;][\/vc_column][\/vc_row][vc_row el_class=&#8221;container&#8221; css=&#8221;.vc_custom_1473776092747{margin-top: 25px !important;margin-bottom: 50px !important;}&#8221;][vc_column][vc_empty_space][vc_row_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_cta h2=&#8221;ECONOMIC DEVELOPMENT ORGANIZATIONS&#8221; txt_align=&#8221;center&#8221; shape=&#8221;square&#8221; style=&#8221;flat&#8221; color=&#8221;white&#8221; add_icon=&#8221;top&#8221; i_icon_fontawesome=&#8221;far fa-handshake&#8221; i_color=&#8221;orange&#8221; i_size=&#8221;xl&#8221; i_css_animation=&#8221;bottom-to-top&#8221; i_on_border=&#8221;true&#8221; el_class=&#8221;serviceIcon&#8221; i_link=&#8221;url:https%3A%2F%2Fespacestrategies.com%2Fen%2Fexpertise%2Feconomic-development-organisations%2F&#8221;][\/vc_cta][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_cta h2=&#8221;COMMERCIAL DEVELOPMENT CORPORATIONS&#8221; txt_align=&#8221;center&#8221; shape=&#8221;square&#8221; style=&#8221;flat&#8221; color=&#8221;white&#8221; add_icon=&#8221;top&#8221; i_icon_fontawesome=&#8221;fas fa-briefcase&#8221; i_color=&#8221;orange&#8221; i_size=&#8221;xl&#8221; i_css_animation=&#8221;bottom-to-top&#8221; i_on_border=&#8221;true&#8221; el_class=&#8221;serviceIcon&#8221; i_link=&#8221;url:https%3A%2F%2Fespacestrategies.com%2Fen%2Fexpertise%2Fcdc%2F&#8221;][\/vc_cta][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_cta h2=&#8221;CITIES &amp; MUNICIPALITIES&#8221; txt_align=&#8221;center&#8221; shape=&#8221;square&#8221; style=&#8221;flat&#8221; color=&#8221;white&#8221; add_icon=&#8221;top&#8221; i_icon_fontawesome=&#8221;far fa-hospital&#8221; i_color=&#8221;orange&#8221; i_size=&#8221;xl&#8221; i_css_animation=&#8221;bottom-to-top&#8221; i_on_border=&#8221;true&#8221; el_class=&#8221;serviceIcon&#8221; i_link=&#8221;url:https%3A%2F%2Fespacestrategies.com%2Fen%2Fexpertise%2Fcities-and-municipalities%2F&#8221;][\/vc_cta][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_cta h2=&#8221;non-profits&#8221; txt_align=&#8221;center&#8221; shape=&#8221;square&#8221; style=&#8221;flat&#8221; color=&#8221;white&#8221; add_icon=&#8221;top&#8221; i_icon_fontawesome=&#8221;fas fa-heart&#8221; i_color=&#8221;orange&#8221; i_size=&#8221;xl&#8221; i_css_animation=&#8221;bottom-to-top&#8221; i_on_border=&#8221;true&#8221; el_class=&#8221;serviceIcon&#8221; i_link=&#8221;url:https%3A%2F%2Fespacestrategies.com%2Fen%2Fexpertise%2Fnon-profits%2F&#8221;][\/vc_cta][\/vc_column_inner][\/vc_row_inner][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_text_separator title=&#8221;PORTFOLIO&#8221; color=&#8221;orange&#8221; border_width=&#8221;5&#8243; el_class=&#8221;invert&#8221; css=&#8221;.vc_custom_1705085449997{padding-top: 10px !important;padding-bottom: 10px !important;}&#8221;][\/vc_column][\/vc_row][vc_row el_class=&#8221;container&#8221; css=&#8221;.vc_custom_1555442164075{margin-top: 25px !important;margin-bottom: 50px !important;}&#8221;][vc_column][vc_row_inner gap=&#8221;20&#8243;][vc_column_inner width=&#8221;1\/3&#8243;][vc_custom_heading text=&#8221;Avenue du Mont-Royal CDC&#8221; font_container=&#8221;tag:h3|font_size:20px|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221;][vc_column_text]The Avenue du Mont-Royal Commercial Development Corporation (CDC) enlisted Espace Strat\u00e9gies to help it draft a commercial positioning plan. The goal was to help the artery\u2019s merchants better understand their current and potential customers and for the CDC to establish a unique brand image to stand out from other commercial hubs.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_custom_heading text=&#8221;Wellington CDC&#8221; font_container=&#8221;tag:h3|font_size:20px|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221;][vc_column_text]The Wellington Commercial Development Corporation (CDC) has contributed to the dynamism and influence of Verdun for 30 years. Following major investments by the City of Montreal in the development of the banks of the Saint Lawrence River and downtown Verdun, the CDC chose Espace Strat\u00e9gies to help it develop new commercial strategies. The new action plan is intended to increase the commercial street\u2019s visibility and foot traffic and attract new business establishments to Wellington Street.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_custom_heading text=&#8221;Avenue Laurier Ouest CDC&#8221; font_container=&#8221;tag:h3|font_size:20px|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221;][vc_column_text]In 2018, the creation of the Avenue Laurier Ouest Commercial Development Corporation (CDC) raised many questions about the future of the commercial artery. The CDC mandated Espace Strat\u00e9gies to help it develop an economic development and commercial positioning plan, as well as to formulate action plans for its communication plan. The ES team worked collaboratively with avenue merchants on several crucial issues, such as validating the influence zone, developing the client sociodemographic profile and analyzing the commercial offering.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_text_separator title=&#8221;RELATED GROWTH THEMES&#8221; color=&#8221;orange&#8221; border_width=&#8221;5&#8243; el_class=&#8221;invert&#8221;][\/vc_column][\/vc_row][vc_row el_class=&#8221;container&#8221; css=&#8221;.vc_custom_1473776092747{margin-top: 25px !important;margin-bottom: 50px !important;}&#8221;][vc_column][vc_row_inner content_placement=&#8221;middle&#8221;][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;4444&#8243; img_size=&#8221;300X200&#8243; alignment=&#8221;center&#8221; onclick=&#8221;custom_link&#8221; link=&#8221;https:\/\/espacestrategies.com\/en\/growth-themes\/vision-and-long-term-framework\/&#8221;][vc_custom_heading text=&#8221;Vision and Long-Term Framework&#8221; font_container=&#8221;tag:h4|font_size:18px|text_align:center&#8221; use_theme_fonts=&#8221;yes&#8221; link=&#8221;url:https%3A%2F%2Fespacestrategies.com%2Fen%2Fgrowth-themes%2Fvision-and-long-term-framework%2F|title:Vision%20and%20Long-Term%20Framework&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;4486&#8243; img_size=&#8221;300X200&#8243; alignment=&#8221;center&#8221; onclick=&#8221;custom_link&#8221; link=&#8221;https:\/\/espacestrategies.com\/en\/growth-themes\/economic-development\/&#8221;][vc_custom_heading text=&#8221;Economic Development&#8221; font_container=&#8221;tag:h4|font_size:18px|text_align:center&#8221; use_theme_fonts=&#8221;yes&#8221; link=&#8221;url:https%3A%2F%2Fespacestrategies.com%2Fen%2Fgrowth-themes%2Feconomic-development%2F|title:Economic%20Development&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;4443&#8243; img_size=&#8221;300X200&#8243; alignment=&#8221;center&#8221; onclick=&#8221;custom_link&#8221; link=&#8221;https:\/\/espacestrategies.com\/en\/growth-themes\/strategic-planning\/&#8221;][vc_custom_heading text=&#8221;Strategic Planning&#8221; font_container=&#8221;tag:h4|font_size:18px|text_align:center&#8221; use_theme_fonts=&#8221;yes&#8221; link=&#8221;url:https%3A%2F%2Fespacestrategies.com%2Fen%2Fgrowth-themes%2Fstrategic-planning%2F|title:Strategic%20Planning&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;4425&#8243; img_size=&#8221;300X200&#8243; alignment=&#8221;center&#8221; onclick=&#8221;custom_link&#8221; link=&#8221;https:\/\/espacestrategies.com\/en\/growth-themes\/growth-management\/&#8221;][vc_custom_heading text=&#8221;Growth Management&#8221; font_container=&#8221;tag:h4|font_size:18px|text_align:center&#8221; use_theme_fonts=&#8221;yes&#8221; link=&#8221;url:https%3A%2F%2Fespacestrategies.com%2Fen%2Fgrowth-themes%2Fgrowth-management%2F|title:Growth%20Management&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row css=&#8221;.vc_custom_1473782200425{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 0px !important;}&#8221;][vc_column css=&#8221;.vc_custom_1473782209001{padding-top: 0px !important;}&#8221;][vc_single_image image=&#8221;5625&#8243; img_size=&#8221;2560&#215;800&#8243; alignment=&#8221;center&#8221; css=&#8221;.vc_custom_1675783731756{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 0px !important;}&#8221;][vc_text_separator title=&#8221;Commercial hubs \/ Commercial development&#8221; color=&#8221;orange&#8221; border_width=&#8221;5&#8243; el_class=&#8221;invert dx-h1&#8243;][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; gap=&#8221;20&#8243; css=&#8221;.vc_custom_1663699558725{padding-right: 30px !important;padding-left: 30px !important;background-color: #ffffff !important;}&#8221;][vc_column width=&#8221;1\/12&#8243;][\/vc_column][vc_column width=&#8221;10\/12&#8243;][vc_column_text css=&#8221;.vc_custom_1714592922494{padding-top: 30px !important;padding-bottom: 40px !important;}&#8221;] WHAT IS COMMERCIAL DEVELOPMENT? Commercial development is part of&hellip;<\/p>\n","protected":false},"author":2,"featured_media":6747,"parent":7396,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"class_list":["post-7428","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Commercial Hubs \/ Commercial Development | Espace Strat\u00e9gies<\/title>\n<meta name=\"description\" content=\"Commercial encompasses a set of actions and initiatives intended to enliven the city and promote a sector\u2019s commercial flourishing.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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