Transportation And Retail Shops Essay Example for Free

transportation system And Retail Shops EssayThough sell and transportation industries in Detroit are still posting monumental growth, Goss-Foster (2006) points that the disparities that exist between the status of the mentioned industries between suburbs and inner city districts. Though neither transportation nor retail industries has been related directly to the incidence of violent detestations, it has deterred the stability and security of establishments (Goodman, 2004). Armstrong (2005) notes that retailing per capita in the city is higher(prenominal) than national averages but overly admits that development has been limited to new real estate development areas, suburbs such as Bloomfield Hills and Gross Pointe and by industrial scale retailing. The scenario follows the skew of income in the city which has further highlighted favorable disparities. At the same time, it has limited the growth potential of markets and development, leaving inner city areas still lacking of the economic development needed to bring it at par with the more affluent areas of Detroit (Goss-Foster, 2006).Another aspect to consider is that the situation is driving companies security and insurance costs to prohibitive levels, scenarios that also deter long-term prognosis of companies. For example, transportation industries, both private and public, require significant investments in property plant and equipment and considering that crime against property in Detroit is well above U.S. averages, the cost of maintaining or protecting them is a particular patronage (Detroit Crime Report, 2007). Like any business concern, crime is a major issue that companies have to can with. In the case of transportation and retail which are both dependent on volume or at the very lease regular customer traffic, security both of the clients and the businesses themselves is a critical concern. and then there is a need to control not only crimes that directly affect these industries but a lso any other criminal activities that may impact access or the condition of products and services.ReferencesArmstrong, Melissa (2005). regional Detroit Economic Pulse. Detroit Detroit Regional ChamberDetroit Crime Report (2007). Crime Statistics. Retrieved December 5, 2007, from http//www.cityrating.com/citycrime.asp?city=Detroitstate=MIGoodman, Allen C. (2004). Detroit housing rebound needs safe streets, good schools. The Detroit News, March 10. Retrieved December 5, 2007, from http//www.econ.wayne.edu/agoodman/RESEARCH/PUBS/a09-87052.htmGoss-Foster, Anika (2006). Commercial Corridor Redevelopment as a Social Equity Strategy. Detroit National Planning Commission and Government Conference and Detroit LISC