Business is thriving in University City

2013 was another strong year for retail and restaurants in University City. Exciting new arrivals like Hip City Veg, Shake Shack, Rx The Farmacy, and The Fat Ham were among the 25 restaurants, cafes and bars opening in 2013. This continues a recent trend in the neighborhood as the number of places to eat and drink has been up by an incredible 17% over the last five years! New retail also had a good year, including exciting openings like Greene Street consignment and Plaza Artist Materials, with the number of new businesses up by 3% over the last five years. With roughly 5,000 new residents and 100,000 square feet of new retail space expected in University City over the coming two to three years, residents and employees can look forward to continuing this trend of new options for places to eat and shop. Plenty of opportunities still exist for new business growth in the neighborhood. UCD data indicate that the neighborhood could support about twice our current supply of retail and nearly 50% more food related businesses.

If you're interested in taking advantage of growth in the city's fastest growing neighborhood and opening a new business in University City, talk to us! Contact [email protected] for more information.