ITHACA, N.Y. — Downtown Ithaca needs a retail mix that focuses on the merchandising of arts and crafts products, along with marketing campaigns to position Ithaca as a must-visit destination for the arts and artisan culture. Those are among the recommendations in a new study that focuses on a retail strategy for the City of […]
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Retail strategy
Commissioned in 2023, the study focuses on creating a “cohesive,” citywide retail strategy for Ithaca’s key business districts. They include downtown Ithaca, centered on the Commons pedestrian mall; the West State Street corridor; the West End, including the waterfront; and Collegetown, adjacent to Cornell University. MJB’s work “responds to the city’s unique position as a university town with a broader regional trade area of over 100,000 people and a robust tourism draw,” per the DIA announcement. Rather than viewing Ithaca’s market through the traditional lenses of “town and gown” or local versus out-of-towner, MJB proposed a “more unifying approach” focused on shared psychographics — common lifestyles, values, and aspirations. The shift in perspective allowed MJB to identify retail opportunities that resonate with both residents and visitors alike, DIA said. Specifically, MJB identified an opportunity to market Ithaca, and downtown Ithaca in particular, to the “yupster” psychographic — well-educated, well-off households that celebrate the artistic and creative lifestyle — which predominates among both Ithacans as well as tourists.Preliminary recommendations
The MJB study recommends curating a retail mix in downtown Ithaca that focuses on the merchandising of arts and crafts products as well as handmade goods more generally, complemented by other synergistic tenants like bookstores, vintage/consignment shops, cafes, eateries and wine bars. It also recommends providing support for landlords and brokers to recruit tenants that align with this positioning, including the creation of leasing materials that tell Ithaca’s and downtown Ithaca’s “unique” story. In addition, the report recommends developing targeted marketing campaigns to position Ithaca as a must-visit regional “(if not national)” destination for the arts and artisan culture, aligning with the “Ithaca is Gorges” brand. MJB also recommends enhancing downtown’s role as a regional hub for the creative ecosystem by fostering collaborations between local makers, galleries, theaters, and other entrepreneurial platforms. Beyond downtown Ithaca, MJB also emphasized the need for Cornell University, with its roughly 27,000 students, to assume a proactive role in revitalizing the Collegetown district as a selling point for prospective faculty, researchers, and students, pointing to successful models at peer institutions like Yale and the University of Pennsylvania. MJB also reframed the West State Street corridor as more than just a connector between districts, “with its own psychographic appeal and retail niche that is nonetheless quite fragile and urgently in need of a more robust City response.”