SWOT Analysis - Economic Restructuring
 
Group 4 10 16 22 28 34 Rank
STRENGTHS              
Concentrated/Defined Space 5           0.8
Historic Character           5 0.8
Public Square/Parks 4 5       4 2.2
Good Building Stock   4 2     2 1.3
Good Labor Pool / Work Ethic   3     3   1
Availability of Parking   2         0.3
Kirby Theater/Philharmonic   1   2     0.5
Location     5   2   1.2
Cost of Doing Business         5   0.8
Scale of City     4       0.7
Environment     3       0.5
Educational Feeder System         4   0.7
College & University     1 3   1 0.8
Boscov       5     0.8
KOZ Sites           3 0.5
Riverfront       1     0.2
Building Availability       4     0.7
WEAKNESSES              
Lack of Parking 5     4     1.5
Negative Image 4           0.7
Lack of Attractions 3           0.5
Lack of Leadership   5         0.8
Lack of Appeal to Youth   4         0.7
Lack of Adequate Police Presence   3         0.5
Loss of Retail   2 3       0.8
Negative Attitudes   1         0.2
Lack of Downtown Housing     5       0.8
Airport Issues         4   0.7
Non-Downtown Focus         5   0.8
Quality of High Tech Workers         3   0.5
Lack of Cooperation     4 5     1.5
Lack of Financing           5 0.8
Lack of Access to Interstate     2       0.3
Absentee Landlords           4 0.7
City Wage Tax           3 0.5
Elderly Population       3     0.5
Empty Buildings       2     0.3
Poor Transportaion       1     0.2
OPPORTUNITIES              
Real Estate Availability 5     4     1.5
Sterling Hotel Redev. 4   5       1.5
Independent Planner / Plan   5 1       1
More Coop.- City-Bus-Edu   4         0.7
College Related Development   3 3       1
KOZ   2     5   1.2
Downtown Theater   1 2   4   1.2
Riverfront Development     4 5     1.5
Location       3     0.5
Recreation       2     0.3
Niche Retail           5 0.8
Upper Floor Development           4 0.7
Promotional Hook           3 0.5
THREATS              
Declining Population 5   3 3     1.8
Lack of Cooperation 4         5 1.5
Indifferent Population   5         0.8
Failure to Develop Waterfront   4         0.7
Exodus of Young People   3       4 1.2
Lack of Leadership     5       0.8
Lack of Master Plan     4       0.7
Local Politics       5     0.8
Negative Attitude       4     0.7
Competition with Other Citiies       2     0.3
Flooding         3   0.5
Slowdown in National Econ.         5   0.8
Urban Sprawl         4   0.7
Loss of Boscov’s           3 0.5
Residential Tenant Disrespect           2 0.3
Exit 46           1 0.2
 
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