Category Archives: Construction

Malls once full of shoppers, now home to students

0 CommentBy

There are communities that have too much retail space. But, prime real estate can be converted, demolished and/or rezoned for new developments. About 22 percent of malls that JLL studied have taken this approach.

So, why buy a mall and create something totally different? Well, because good real estate locations are always a good investment.

Highland Mall, the first suburban shopping mall in Austin, Texas opened in 1971 and officially closed its doors nearly… Read More

Extreme makeover, mall edition

0 CommentBy

More than 94% of mall owners are ditching their old digs for new common area couches, a fresh coat of paint, new stores and/or a name change. A little freshening goes a long way along. Sometimes success is all about marketability.

Malls are refreshing branding strategies to improve and add to their appeal, through common area improvements like modernizing outdated features like new… Read More

Make Way for Mixed-Use

0 CommentBy

Nearly 30% of mall owners are adding apartments, offices or hotels to their properties according to a recent JLL survey. But, why are these owners seeking to creating a self-sustaining destinations? 

Well, malls are working hard to rid the public of the perception that they are places solely for occasional shopping events – like the holidays. They are handpicking tenant mixes that cater to specific shoppers like millennials, luxury seekers, and those who… Read More

JLL brings “Manhattan Village Beach Vibe” to life at ICSC Western Conference

0 CommentBy

When an investor launches a redevelopment, they often look to creative marketing ploys to attract consumers and tenants to an improved property. JLL is breaking the typical marketing mold with the debut of its Manhattan Village showcase, an exhibitor-first experiential promotion, at the International Council of Shopping Centers’ (ICSC) Western Conference, held October 2nd  to 4th in Los Angeles, California.

At the show, JLL is dedicating the front-section of its exhibition booth… Read More

Want to buy your hotel’s bed? Now you can.

0 CommentBy

The hospitality industry’s influence has expanded significantly in recent years, with an integration into chic corporate office spaces, custom retail environments and even healthcare facilities.

 

Retailers are constantly focused on reinventing their brands to meet changing consumer expectations, so it’s no surprise that furniture retailer West Elm recently announced its plan to launch a chain of boutique hotels in order to sustain its growth without opening an army of new stores.

“Retailers need… Read More

The Comeback of Retail Brick and Mortar Construction

0 CommentBy

Crain 2In 2006, NASA launched the New Horizons spacecraft for a nine -year mission, the Steelers defeated the Seahawks, and the Nintendo Wii was introduced to America’s youth. It was also the year retail development in the U.S. hit an all-time high of 261 million square feet under construction, with ambitious mega entertainment facilities underway. Within five years, construction halte
d in 2011 and… Read More

5 Tips to Cut Shopping Center Costs

0 CommentBy

Cutting Costs1. DITCH THE PAPER, DO DIGITAL: Rising paper costs and decreased customer usage makes going paperless a “no brainer” for your shopping center. Shoppers like receiving messages about retailer sales, upcoming events and safety information on their smartphones, tablets and digital devices. Embrace the opportunity to dump the paper flyers, and enable… Read More

5 Need-to-Know ADA Updates for Retailers & Restaurants

0 CommentBy

ADA1. KEEP YOUR OPTIONS—AND DOORS—OPEN: The Americans with Disabilities Act (ADA) is designed to prohibit discrimination and ensure equal opportunity for people with disabilities. In effect since 1991, it’s undergone updates, affecting most commercial real estate in some fashion. In fact, all commercial spaces used by the public – as well… Read More