Prospects for Pedestrian-Oriented Retail in the New Economic Reality - Sirota CNU 17

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    Prospects for Pedestrian-Oriented Retail in the New Economic Reality - Sirota CNU 17 - Presentation Transcript

    1. Prospects for Pedestrian-Oriented Retail in the New Economic Reality CNU 17 Denver, CO June 12, 2009
    2. Retail Trends; New Tools Lee Sobel, US EPA
    3. Difficulty: One size fits all
    4. Retail in Context Location: New/Remainder Land Suburban Retrofit Urban Infill Sites: Greenfield Corridor Cores & Centers Suburban Gaps Shopping Center - Blocks Subdivisions - Parcels Program: Context sensitive Context sensitive Context sensitive
    5. Limited or no retail
    6. Single Story
    7. Multiple buildings
    8. Multiple retail centers
    9. Store size scaled to neighborhood
    10. Floor plates for larger retailers
    11. Simple street and block network
    12. Alternative retail products
    13. Haile Village Center
    14. Masphee Commons
    15. White Flint Small Area Plan Source: Federal Realty Investment Trust
    16. Thank you Lee Sobel US EPA Smart Growth Program
    17. Glenn Kellogg
    18. urban vs. suburban retail relationship to market
    19. portsmouth, va: historical highway to perdition
    20. portsmouth, va: balanced uses
    21. hampton roads downtowns
    22. the new “economic reality”
      • over retailed
      • reduced consumer spending
      • national credit tenants no longer credited
      • “… the businesses that thrive will be those that are miserly with costs, wary of debt, cautious with cashflow and obsessively attentive to what customers want.”
      • “ During a boom, people buy stuff without much thought. During bad times, they are much choosier.”
      • The Economist, May 30, 2009
      • business plans suddenly have to make sense
    23. impacts for new urbanism cute suburban retail faces the same problems as ugly suburban retail the business model will adapt kentlands, md
    24. the urban advantage cities are flexible diversity of tenants and owners differentiation (unique places) convenience for local market georgetown, washington dc
    25. organic metaphor olympic forest, wa death valley, ca
    26. organic metaphor
    27. 26 brix, walla walla wa
    28. cool moon ice cream, portland or
    29. glenn kellogg urban advisors ltd www.urbanadvisors.com
    30. Seth Harry
    31. 1950-2009 2009-? Seth Harry and Associates, Inc. A r c h i t e c t s a n d P l a n n e r s
    32. The Evolution of Retail, Urban to Suburban -- Seth Harry & Associates, Inc. Architects and Planners the transportation/land-use connection…
    33.  
    34. Urban consumer markets are largely determined by: Density and Proximity… Sub -urban consumer markets are largely determined by: The size of the Road in front of the Box…
    35. “ Vertical” vs. “Horizontal” Mixed-Use… Seth Harry & Associates, Inc. Architects and Planners
    36. Seth Harry & Associates, Inc. Architects and Planners Supportable Retail Area… 77 Levels
    37.  
    38. Post-Suburban Retail: Case Studies Seth Harry & Associates, Inc. Architects and Planners
    39. Small-scale, Incremental/ organic Seth Harry & Associates, Inc. Architects and Planners
    40. Seth Harry & Associates, Inc. Architects and Planners
    41. Seth Harry & Associates, Inc. Architects and Planners
    42. Seth Harry & Associates, Inc. Architects and Planners
    43. Medium-Scale, Evolutionary/ successional Seth Harry & Associates, Inc. Architects and Planners
    44. “ Cake and eat it too…” Seth Harry & Associates, Inc. Architects and Planners
    45. Seth Harry & Associates, Inc. Architects and Planners
    46. Seth Harry & Associates, Inc. Architects and Planners
    47. Seth Harry & Associates, Inc. Architects and Planners
    48. Seth Harry & Associates, Inc. Architects and Planners
    49. Seth Harry & Associates, Inc. Architects and Planners
    50. Medium-Scale, Strategic Seth Harry & Associates, Inc. Architects and Planners
    51. Seth Harry and Associates, Inc. A r c h i t e c t s a n d P l a n n e r s
    52. Seth Harry & Associates, Inc. Architects and Planners
    53. Seth Harry & Associates, Inc. Architects and Planners
    54. Medium-Scale, Organic/repositioning Seth Harry & Associates, Inc. Architects and Planners
    55. Retail in a Regional Context… Highland Park is an independent, traditional town within the greater Chicago Metro Area
    56. Retail in a Regional Context… Original N-S Arterial Second Generation N-S Arterial Current Primary N-S limited-access Arterial Original Downtown Highland Park Newer Regional Retail Concentration
    57. Downtown Highland Park… A mix of well-regarded Local And National tenants…
    58. Downtown Highland Park… But – It still needed a Major Anchor Tenant to help enhance and protect its Regional Positioning Hence…
    59. Downtown Highland Park… Renaissance Place Renaissance Place is a mixed-use, full block infill redevelopment project…
    60. Downtown Highland Park… … that includes a Department Store, Retail Shops, a Cinema, Offices, Restaurants, and Apartments.
    61. Renaissance Place… Aerial Perspective…
    62. Renaissance Place… Department Store
    63. Renaissance Place… New Ground Floor Retail (Continuous at Ground Level)
    64. Renaissance Place… Existing retail
    65. Renaissance Place… 5-Screen Cinema (2 nd Floor, above retail)
    66. Renaissance Place… Rental Apartments (2/3 rd Floors, above retail)
    67. Renaissance Place… Rental Office (2/3 rd Floors, above retail)
    68. Renaissance Place…
    69. Regional-Scale, Long-term Play Seth Harry & Associates, Inc. Architects and Planners
    70. Seth Harry & Associates, Inc. Architects and Planners
    71. Seth Harry and Associates, Inc. A r c h i t e c t s a n d P l a n n e r s
    72. Seth Harry & Associates, Inc. Architects and Planners
    73. Seth Harry & Associates, Inc. Architects and Planners
    74. Seth Harry & Associates, Inc. Architects and Planners
    75. Regional-Scale, Urban Infill Seth Harry & Associates, Inc. Architects and Planners
    76. Selborne Walk and High Street Plan
    77. Land Uses - Retail
    78. Perspective of Master Plan
    79. Selborne Walk Phasing
    80. Phase 2
    81. PFBE’s Preferred Option
    82. Regional-Scale, Grow your Own/TOD Seth Harry & Associates, Inc. Architects and Planners
    83. Ripley Road SW Transport Corridor Transit Station High Street Transit Corridor
    84. Phase One
    85. Phase Two
    86. Phase Three
    87. Phase Four
    88. Phase Five
    89. Ultimate Build-out (long Term)
    90. Transect-based Mixed-use/ Town Center Opportunities ... Seth Harry & Associates, Inc. Architects and Planners
    91.  
    92. Prospects for Pedestrian-Oriented Retail in the New Economic Reality CNU 17 Denver, CO June 12, 2009

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