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.Read More
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.Read More
Sullivan Center is a complex of nine historic structures in downtown Chicago that have been renovated and repositioned for modern uses.Read More
Ten remade shopping centers exemplify opportunities for transformation.Read More
In nearly every way, the Englewood neighborhood on the South Side of Chicago does not fit the standard definition of a Whole Foods target market. And yet the high-end grocer announced this week plans to open a store there in 2016, having also opened a new store recently in midtown Detroit.
Some retail owners have been able to turn their fortunes around by launching massive remodeling programs, adding new features, tweaking their tenant mix, and altering their marketing strategies. But sometimes the best choice is to simply tear down the building and start over.
Retail, housing, and activity are among the keys to successful infill development. And don’t forget about parking.
Fighting back at online retailers, shopping venues focus on the intersection of needs and desires.
America’s 80-million-strong generation Y, the most tech-savvy generation yet, has not forsaken shopping in stores for online purchasing, says a new ULI report released at the Spring Meeting in San Diego.
Even if the storefront occupants are only temporary, orchestrating the right mix of retail and residential tenants helps give a redevelopment a certain vibe.