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Article Excerpt
There are 22,200 households within a five-minute drive of 71st Street and Binford Boulevard, according to a recent market study.
The median income inside those homes tops $53,000, about 16 percent higher than the U.S. median income.
Despite those favorable demographics, area retail establishments and businesses have been dwindling.
On the southeast corner of 71st and Binford, for example, there once existed a Preston-Safeway grocery store, an Osco drugstore, a Great Clips hair salon, a pizza parlor, a printing shop, a gym, a cake decorating store and a financial services establishment.
Catty-corner, there was a Sullivan's hardware store, a Mexican restaurant and a card shop.
They're all gone today, as are other businesses, despite traffic counts on Binford that suggest the area is ideal for retail and other consumer-driven businesses....
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