Enhancement Committee Seeks Consultant for Village Market Study

The Fair Oaks Village Enhancement Committee has been busy with a number of projects, including  plan, which has resulted in a diminished focus toward other objectives. No longer though, said FOVEC chair, Greg Vincent.

The FOVEC chair says it's time to place renewed focus on other objectives. And according to the committee's strategic plan, part of that focus will include a need to understand a business model most likely to succeed in The Village.

Vincent points out there are five main strategic issues FOVEC will focus on. Each issue has its own "objectives" and "tasks". That plan helps identify what FOVEC wants to accomplish and what it needs to do to get there.

Strategic issue number two deals with the need to understand what business district model will most likely succeed in the Fair Oaks Village, Vincent said. With that understanding FOVEC would best be able to encourage new business, new development and new public improvements in The Village.

"What we are trying to focus on with this issue right now is to locate a consultant, graduate student or other source to conduct a market study of the Village," Vincent said. 

The community group being made up of volunteers, though, it would not be something FOVEC would be able to compensate that someone for.

"As with everything we are working on or have accomplished, we rely on volunteers, community participation and public support," Vincent said.

Vincent explained the issue deals not just with businesses, but would need to include something prominent, like an anchor tenant.

"Do we rely on these events like a ?" Vincent asked. "Something like an art walk might work. Do we need more open eateries? So there are a lot of ideas floating around and we just need to focus on one of those ideas."

"What do we need to help business improve?"