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Economic Impact Dashboard

Economic Impact Dashboard


To gain an understanding of the current business environment and market potential in Downtown Tempe, statistics are collected and analyzed in the retail, residential, and hotel markets on a quarterly basis. In addition, an inventory of all street-level establishments in the downtown district was conducted the week of July 3, 2023.


There are 168 street-level retail businesses currently downtown. 8 new businesses opened and 5 businesses closed between April - June 2023. Dining remains the dominate retail category with 77 food establishments or 46% of total businesses. 40, or 52% of the dining establishments are independently owned and offer a broad spectrum of cuisine. 7% of businesses are in the nightlife category, bringing a total hospitality category to 53%. 

  • 105 or 63% of the downtown street-level businesses are considered local & independently owned.
  • 25% are BIPOC-owned businesses
  • 22% are female-owned businesses
  • There are 16 current street-level vacancies.

Q2 New Businesses

Omni Tempe at ASU


 Neighborhood Services

                                                                        Salt + Tequila

                                                                         Library Rules

                                                                         Himeko Cafe

                                                                       The Lunch Box

                                                                          Haus of CiCi

Residential & Hotel

Downtown Users Weekly Comparison Q2 2022 v. 2023


Highlights from The Value of U.S. Downtowns and Center Cities (Downtown Tempe), 2020 International Downtown Association Publication


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