Retail/Entertainment

What U.S. Cities Are Learning from Cincinnati’s Downtown Revival

Since 2004, over $1 billion has been invested in redevelopment and new construction in downtown Cincinnati and the adjacent Over-the-Rhine neighborhood. Representatives from Erie, Pennsylvania; St. Louis; and Atlanta have visited the city in the last year to see how a combination of nonprofit redevelopment, historic preservation, land banking, and strategic acquisitions, funded by tax credits and corporate investments, have turned things around.

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Recent Articles

  • How Amazon’s Moves Could Affect Cities Like Austin

    December 18, 2017

    The highly coveted second corporate headquarters of e-commerce giant Amazon.com would be a welcome addition to Austin, but the $5 billion project undoubtedly would produce more housing and transportation woes in one of the fastest-growing regions of the United States, said panelists at a ULI Austin event.

  • Retailers Focusing on Customer Experience with an Eye on E-commerce

    December 11, 2017

    With e-commerce’s stake in U.S. retail at less than 10 percent, suggestions of a “retail apocalypse” of brick-and-mortar stores is greatly exaggerated, panelists said during a ULI North Texas event on the retail sector. Still, panelists at an event in Dallas said the industry has to find new ways to reinvent itself and connect with customers in order to thrive.

  • In Brief: London’s New Bond Street Ranked Third Most Expensive for Retail Rents

    November 29, 2017

    Soaring rents have seen London’s New Bond Street rise to become the world’s third most expensive retail street, according to a report by Cushman & Wakefield. The annual Main Streets Across The World report, now in its 29th edition, tracks 451 of the top retail streets around the globe and ranks the most expensive in 68 countries by prime rental value using proprietary data.

  • Dining and Other Amenities Boosting the Modern Shopping Center

    November 17, 2017

    Trading Up: Dining, Leisure, Amenities, and the New Shopping Centre is the second report from the ULI Retail and Entertainment Council to look at the role that food and beverage (F&B) and leisure have in supporting shopping centers as they adapt to retail sales moving online. This year, the research extends that topic to consider how the addition of community amenities is also emerging among shopping center owners.

  • Shopping Options Multiply in Downtown Los Angeles

    October 24, 2017

    Retail is the pulse of any vibrant urban environment, including downtown Los Angeles (DTLA). Just ask Avison Young’s Derrick Moore, who has brokered some 400 DTLA retail leasing deals in the last few years.

  • In Brief: Can Growth in Health Care and Other Categories Save America’s Malls?

    September 11, 2017

    A new report from CBRE highlights that the two categories occupying the most space in U.S. malls—department stores at 48.7 percent of gross leasable area, and apparel, accessories, and shoes at 29.4 percent—also posted relatively tepid retail-sales growth from 2011 to 2016. In contrast, categories with stronger retail-sales growth, such as health care, still account for relatively little occupancy of U.S. malls

  • As Amazon Enters the Market, U.S. Grocers Focus on One-Stop Shopping

    August 28, 2017

    In addition to Amazon’s purchase of Whole Foods, an enormous amount of movement has occurred in the grocery sector in the past year, as regional chains expand into new markets and European brands enter the United States.

  • In Brief: Apple’s High-Yielding Retail Space

    August 9, 2017

    Sales per square foot at all but a few public retailers have declined to an average of $325 ($3,498 per sq m), down from nearly $375 ($4,036 per sq m) in the early 2000s, according to research by CoStar. But while e-commerce has been disruptive to traditional retailers, several companies, including Apple, Tiffany, and lululemon, have managed to increase sales.

  • Retail-Led Mixed Use in an Age of E-Commerce Outside Shanghai

    The LifeHub@Kunshan complex, just a brief train ride from Shanghai, integrates workforce housing, shopping, entertainment, e-commerce—and local culture.

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