Tag Archives: Development

Malls once full of shoppers, now home to students

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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

Make Way for Mixed-Use

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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

Cashing in on culinary experiences

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Space dedicated to food and beverage (F&B) within malls is now up 5% from a decade ago, and that may reach 20% by 2025. But why the shift to foodie destinations?

Well, the retail industry is undergoing a transformation driven by consumers, who are demanding more from their retail experiences. For an… Read More

Rosedale Center Gets a Von Maur, Renovation Begins

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JLL-managed Rosedale Center, located in Roseville, Minnesota,  has begun a two-year interior renovation project. Featured in the renovation is an expansion that will introduce a new 125,000-square-foot, two-level Von Maur department store and 21,000 square feet of new shops within a new two-level concourse connecting the existing center to the new anchor. Von Maur construction is expected to start next year, with an opening date in 2018. A new parking deck will… Read More

The Comeback of Retail Brick and Mortar Construction

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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

Increased Retail Construction Activity Prompts JLL to Expand Development Platform

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TBill Mostonhe retail industry is facing the greatest amount of development and redevelopment activity since 2010. To meet the increased demand for retail project management and development expertise, JLL today announced the expansion of its retail team with the addition of Bill Moston. Moston joins JLL as a Senior Vice President, National Retail… Read More

Sunshine State’s Construction Comeback Driven by Malls and Shopping Center Development

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While many tourists flock to America’s panhandle looking for sand and sunshine, Florida’s retail development market is doing the opposite: moving indoors. According to JLL research launched today at the International Council of Shopping Centers Florida Conference in Orlando, nearly half of all retail commercial construction happening in the state, in the first half of 2014 is taking place in malls and shopping centers.

“While most markets are seeing a boom in

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3 Questions Smart Retailers are Asking Themselves Now

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The three questions smart retailers are asking from JLL

1. Are we offering an omni-channel experience?

More and more retailers are striving to build a true omni-channel experience that merges at-home, in-store and mobile commerce into one seamless experience. In other words, if a customer wants to view an item online, purchase it using their phone and pick it up in-store, they can do so in… Read More

200,000 SF Retail & Entertainment Expansion at Streets of West Chester, Ohio

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The number of high quality retail amenities available to residents of the Greater Cincinnati and Dayton, Ohio market will soon get a double dose of development with two new retail locations now launching. The Streets of SWC SP Overlay 062014West Chester is a 167,638-square-foot lifestyle center, located at 9465 on Civic Center Drive. LPC Retail is now kicking off the pre-development leasing and marketing… Read More