Dollar stores threaten property values and community integrity

During a recent government meeting, community member Travis Clymer raised significant concerns regarding the impact of dollar stores on local property values and economies. Clymer, who owns property at 8490 South Edison Place, highlighted research from Clemson University indicating that the presence of dollar stores can lead to a reduction in property values by 16 to 21% between 2016 and 2019.

He attributed this decline to various factors, including perceptions of low-quality retail options, potential increases in crime rates, and aesthetic issues stemming from the stores' utilitarian designs and bright signage. Clymer emphasized that dollar stores often target low-income and minority neighborhoods, exacerbating existing economic disparities and leading to the displacement of local businesses that provide higher-quality goods and services.

Clymer further noted that while dollar stores offer affordable products, their overall economic impact is complex, with limited job creation and reduced contributions to the local tax base compared to residential developments. He urged the community to consider long-term implications, including potential negative effects on public services and infrastructure.

In response to these concerns, Clymer called for zoning restrictions to limit the concentration of dollar stores and enforce design standards in the area. He expressed the sentiment of Perrigton residents, stating that they do not want the property in question to be commercialized or developed into a chain store. Clymer concluded by warning that a vote in favor of the proposed Dollar General would be a direct contradiction to the wishes of the community.