BuildCentral and Planned Grocery has developed an interactive tool giving key information on existing and planned grocery store locations, overlaid with details of nearby residential development.
If you are part of a grocery store expansion team, you'll want to take a closer look at a new tool for analyzing your key markets.
The recent acquisition of Planned Grocery® by BuildCentral's parent, BCI Media Group, has enabled the launch of a comprehensive tool that shows planned grocery locations and nearby planned residential construction all in one tool. It provides an interactive map that marries together retail and residential development plans for you.
The tool helps monitor competition and select new locations. Advance notice of planned residential development and information on the competitors located in the same area is an invaluable tool to help you grow your grocery store chain.
Planned Grocery's data includes tracking information for new Amazon Fresh stores throughout the United States. This is important information for you as Amazon Fresh is one of the fastest-growing operators in the sector.
For growing grocery store businesses, having the ability to visualize and summarize this data by radius, drive time, and trade area can offer you a marked advantage. An example of the data available is shown at https://www.buildcentral.com/upcoming-grocery-construction/.
Finding planned grocery locations is a complex, time-intensive task. Planned Grocery can provide the exact location and detailed information store location that is either proposed, planned, built, or built in the last 6 months. Also included are existing grocery store locations for hundreds of grocery store chains, plus updated demographics.
Adding Planned Grocery tools to BuildCentral's data allows residential development plans to be overlaid on the planned grocery store locations. This refinement takes much of the guesswork out of locating high-growth areas currently lacking grocery stores.
If you're searching for a site to open a grocery store, you can use this tool to see all the multi-family and single-family developments planned and under construction near the proposed location. The interactive map also highlights all existing grocery store locations for you and identifies the company operating each store.
Damian Eastman, Co-Chief Executive Officer of BCI Media Group, said: “Planned Grocery and their innovative team are a welcome addition to BCI. Their approach to grocery location data coupled with their expertise in geospatial technology set them apart. With our forces combined, I can’t imagine a more formidable offering for real estate professionals and developers looking to gain an edge.”
This constantly updated interactive mapping tool provides the key information you will need to make better store development decisions.
Go to https://plannedgrocery.com to learn more.
