City of Owen Sound

Commercial/Retail Space

In 2002, the City of Owen Sound commissioned a comprehensive Commercial Needs Study of its retail needs.

Traffic counts for the enitre City will be completed by mid-2007.

Significantly, Owen Sound stores are currently experiencing high levels of capture from the primary trade area.
There is a total of 2.6 million square feet of occupied and vacant commercial space in Owen Sound.
Vacant space totaled 155,400 square feet throughout the City.
45.7 per cent of commercial space in Owen Sound is located in the downtown core. The study also concludes that, at present, there is an appropriate balance of supply with demand.
In addition to delineating the primary and secondary trade areas, the study presents three population growth scenarios. Each scenario includes increased demand for retail and commercial services.
Commercial Needs Study