Ruth chris steakhouse swot report

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Ruth chris steakhouse swot report

Joseph included a number of reports to study all phases of downtown redevelopment. Since that time, the city has worked toward creating a comprehensive vision and an implementation strategy to carry out this vision.

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A proposed convention center, entertainment district, and new downtown hotel were part of this Plan. Allows recapture of incremental property taxes.

In order to move forward with a viable project, whether it includes state incentives of not, HSP was retained to conduct a feasibility and funding analysis for an actual plan to bring the St. Jo Casino downtown and dovetail several other developments from it, including: The city and the consultants were considering all types of uses, options and funding mechanisms in order to determine what realistically might be possible for downtown.

However, at that time, there was no clear vision nor was there a specific development plan that would be the catalyst for downtown. There was also no developer. Given the tools available, the options were fairly limited in terms of the projects that could be supported by the public sector.

Ultimately, nothing was feasible based on both public and private funding sources. This stasis changed when the city approached the casino about relocating back downtown due to flooding risk, especially given the recent floods that shuttered the casino for several months.

With the possibility of the casino moving back downtown, there was a developer and a potential development around which to determine a funding and feasibility plan. Joseph Entertainment District Study Executive Summary — Page 2 Hunden Strategic Partners, through this report and a several month process, determined five separate development scenarios from the most basic to the most robust mixed-use plan.

Due to the number of development components, which potentially included arena, entertainment, event, meeting, exhibit and related space, as well as hotel sgaming and restaurant components, a variety of market analyses were conducted. When all analyses were complete, the five scenarios were suggested.

During preliminary draft findings meetings with stakeholders, the political and financial realities were discussed. As a result of these conversations, a modified scenario, Scenario B, was determined to be the prudent path.

Scenario B includes the development of a new casino downtown, renovation of the existing Holiday Inn, development of 20, square feet of restaurants along Felix Street, critical improvements to the Civic Arena but not enough to bring it to state of the art statusdevelopment of a space parking garage and the development of a casino-run event center that could host numerous events and concerts in a state of the art facility.

The Civic Arena is contemplated to be managed by the casino, which would be responsible for its operating revenues and expenses, and would attract larger events than the casino-based event center.

Critical ADA, bathroom and concession improvements, among others, are recommended. Originally, it was thought that a larger project: Unfortunately, the funding sources for these larger project scenarios were not significant enough, even with State of Missouri assistance, to fund the projects.

As such, the recommended Scenario B will not necessarily need or qualify for state funding assistance although under certain legal scenarios it might. Instead, a funding plan that includes local incremental taxes generated by the TIF, CID and hotel tax will provide funding for much of the public costs.

In addition, a private lease with the casino to use the garage and Civic Arena as well as manage it at their expense is contemplated to fund the remaining debt service requirements.

While a real estate deal cannot be negotiated via this report, it provides the framework for such negotiations to commence between the parties.

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The following executive summary provides the analysis, recommendation and projections associated with the framework plan. Joseph is a significant, historically important city and lives on today through legends and its historic urban built environment. The arts are alive and strongly supported.

Despite this rich identity in its history and arts, init lags behind the state and nation in income, education and professional opportunity. The project is proposed to be developed in an area of downtown, the western portion near I, that is currently in need of connectivity to the more historic and dense center part of downtown.

The trade area of the community is nearlyand approximately one-third of this population lies outside of Missouri, suggesting that a successful project will generate significant out of state spending in Missouri.

Ruth chris steakhouse swot report

This helps both the local community and the state, which rationalizes the use of state financing programs, which will be discussed later in this document. Gaming Market Analysis One of the catalysts for the proposed downtown mixed-use entertainment district project is the redevelopment of the St.

Jo Frontier Casino in downtown St. Due to a flood in that closed the facility from June 28th until September 28th of that year, there is a desire to move to a safer location.

The move presents three opportunities: The property is the smallest in the trade area, with only 18, square feet of gaming floor and with the fewest number of tables, slot machines and amenities.Trinity College is an independent, nonsectarian liberal arts college for men and women, with approximately 2, undergraduate students and faculty members, located in Hartford, Connecticut.

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SWOT Analysis This section provides an analysis of the conditions for development of a downtown entertainment district in St. Joseph via a SWOT (Strengths, . Ruth’s Chris Steakhouse Case Study Overview Your overall case analysis should include the following sections: 1. Problem identification 2. Case analysis (including a SWOT analysis) 3. The brandguide table above concludes the Ruth’s Chris Steak House SWOT analysis along with its marketing and brand parameters. Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry.

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\n Notes: \n \n \n Tom brought up the need to have something on-record regarding officer terms of office. Consensus was to make Section 2 yrs, Chapters 1 year.

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