Global e-commerce titans, such as Google and Amazon and China’s Alibaba, are transforming customer expectations on product selection, convenience, and shopping experiences, which may lead to less demand for traditional retail real estate, Jim Tompkins, CEO of Tompkins International, told attendees at ULI’s Midwinter Meeting in Paris last week.Read More
On the day that Target announced free shipping for all online orders placed during the 2014 holiday season, a 2014 ULI Fall Meeting panel discussed who is “really winning” market share in retail: brick-and-mortar or online stores? According to research presented by the panelists, the current situation is a win-win for both camps.
At the ULI Fall Meeting, panelists discussed the shifting role of food and beverage offerings at retail centers. With more and more purchases occurring online, panelists explained how food has emerged as the big draw from Australia to New York City.
Developers and architects discussed how they are breathing new life into three very different obsolete retail venues, all developed originally by the Rouse Company of Columbia, Maryland.
A new ULI report explores factors that hamper retail development in some lower-income communities and offers solutions to overcome the dearth of shopping options for neighborhood residents.
Hybrid offerings like Topgolf International are combining elements of traditional driving ranges and miniature golf with corporate events, food service and other amenities.
A Portland, Oregon, architect/developer transforms a car dealership into an experimental pedestrian-oriented cluster of micro-restaurants.
Shopping centers, having survived the worst contraction in 50 years, are often turning to restaurants and specialty retailers to replace department stores as anchor tenants.
Retail developers are finding that urban sites are among the best new and ongoing development opportunities given the demographic shifts to cities, said panelists of the ULI Fall Meeting in Chicago, and transit-oriented development is a top prospect for retail and retail-housing mixed use.
Sullivan Center is a complex of nine historic structures in downtown Chicago that have been renovated and repositioned for modern uses.