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Changing the face of Timmins downtown business.


Changes in Timmins' economic landscape have brought changes to the city's downtown core
This article is about the urban planning area in Singapore. For the more general discussion, see Downtown.


The Downtown Core is a 266-hectare urban planning area in the south of the city-state of Singapore.
, where more than 200 businesses call home.

[ILLUSTRATION OMITTED]

"Our commercial mix has changed over the last 10 years," says Anita Damini, executive director, Downtown Timmins.

"It used to be predominantly pre·dom·i·nant  
adj.
1. Having greatest ascendancy, importance, influence, authority, or force. See Synonyms at dominant.

2.
 retail-based outlets. Now it's only one-third retail, with another third made up of professional offices such as doctors and lawyers, and another third from the financial sector, such as accountants."

The rising prominence of the city in recent years has attracted a series of big box stores in the west end, putting a strain on downtown retail businesses. Additionally, Damini says retail stores have generally been slower to snap up new vacancies, leaving other sectors to fill the void.

This has gradually lowered the number of retail stores in the downtown core, which in turn has complicated attempts to attract people to shop in the area after five o'clock.

"It's created challenges in terms of ensuring traffic counts," she says. "In the evenings and weekends, it's difficult to ensure a pedestrian presence, especially when on a stretch of road, there may only be one store open after five because the adjoining offices close up in the afternoon."

To try and retain some of the 3,000 people who work and shop downtown during the average weekday, Damini says various initiatives are being pursued. These include such efforts as a marketing campaign to promote downtown shopping to local residents, as well as increased lighting to increase visibility of businesses that are open on weekends and after standard business hours BUSINESS HOURS. The time of the day during which business is transacted. In respect to the time of presentment and demand of bills and notes, business hours generally range through the whole day down to the hours of rest in the evening, except when the paper is payable it a bank or by a .

Having been part of the downtown for 96 years, a department store known as Bucovetsky's has a uniquely historic presence in the area. Despite its heritage, it has also seen somewhat of a decline in its customer counts.

"Foot traffic is definitely down," says Mark Soucie, partner, KFS KFS Klippel-Feil Syndrome
KFS Key Factor for Success
KFS Knife, Fork, Spoon (piece of military kit carried on web belt)
KFS Keane Federal Systems, Inc.
KFS Kaiser-Friedrich-Straße
 Limited, which owns Bucovetsky's.

"We're struggling a little bit down here because of the big box stores, and the independent market seems to be shrinking somewhat."

As Bucovetsky's is part of a chain with a presence in Port Perry and Perth, Soucie says he has noticed downtown stores have been thriving much more strongly in cities where tourism is a key element of its economic makeup makeup

In the performing arts, material used by actors for cosmetic purposes and to help create the characters they play. Not needed in Greek and Roman theatre because of the use of masks, makeup was used in the religious plays of medieval Europe, in which the angels' faces
. As a resource-driven town, Timmins has been instead forced to ride the fluctuations of resource markets, he says.

Although recent increases in mining activity have provided a solid boost to the overall economic health of the city, Soucie says consumer confidence is still stabilizing stabilizing,
v to hold a limb motionless in order to ground its energy; a standard isometric resistance technique, it releases tension and lengthens muscle fibers.
.

"It might still change in time, because this resurgence re·sur·gence  
n.
1. A continuing after interruption; a renewal.

2. A restoration to use, acceptance, activity, or vigor; a revival.
 just got started, and people are just starting to feel safe with spending their money. It takes planning and it takes time."

This kind of change is already underway, Damini suggests as she points out that seven new businesses set up shop in the city's downtown last year, bringing 30 new jobs to the area. This year, four new businesses have already established themselves, including Christopher's Cafe, giving Damini hope that 2007 totals might surpass those of 2006.

Additionally, several existing entrepreneurs have invested in business improvement, such as Zenone's, a women's fine clothing store, which recently completed a four-month renovation.

This activity complements the kick-off of the city's community improvement plan (CIP (1) (Common Isochronous Packet) The packet format used in time-based (real time) FireWire transmission. See FireWire, IEC 61883 and mLAN.

(2) (Common Industrial P
) in the coming weeks, where $200,000 has been earmarked to help downtown businesses upgrade their storefronts and bring their buildings up to code.

These kinds of efforts are a move in the right direction, Soucie says, and help to prime the city to take advantage of its current economic upswing Upswing

An upward turn in a security's price after a period of falling prices.
.

"We feel that Timmins, alongside North Bay and Sudbury, still has a better chance of surviving and thriving than most, and we foresee fore·see  
tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees
To see or know beforehand: foresaw the rapid increase in unemployment.
 being a part of its downtown business for a long time to come."

By NICK STEWART

Northern Ontario Business Northern Ontario Business is a Canadian magazine, which publishes monthly in Greater Sudbury, Ontario. The magazine covers business news and issues in Northern Ontario.  
COPYRIGHT 2007 Laurentian Business Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Title Annotation:SPECIAL REPORT: TIMMINS
Author:Stewart, Nick
Publication:Northern Ontario Business
Date:Jul 1, 2007
Words:635
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