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As parking demand declines, some developers and designers are thinking about the long term uses of parking garages and designing them to be able to adapt to changing future land use needs.
An increasing number of architects, developers, and engineers are designing new parking garages that can be converted into other uses in the future if needed.
Gas stations can be tricky sites to redevelop because they are often contaminated. However, developers around New York have recognized the potential in their often desirable locations and converted them into a variety of uses such as shops, offices, housing and places for generating renewable energy.
“Using the number of square feet leased in similar center types, data shows a cyclic shift from more traditional tenants – such as apparel – to necessity-based and experiential tenants.”
Many developers are trying to keep their malls relevant as traditional big-box retailers announce store closures. This articles highlights five examples of malls around the U.S. that have plans to reinvent themselves as mixed use and experiential destinations.
Many traditional malls have come up with creative ways to transform themselves to stay relevant in the 21st century and maintain sources of revenue as store closures rise. The typical malls with large atriums, department stores, food courts, and parking lots are finding new uses for these spaces including fitness centers, apartments, event spaces, markets, and mini theme parks.
Traditionally massive big box store retailers like Target and Dollar General are opening smaller versions of their stores in urban areas and college campuses to bring in new customers that were previously too far away from their bigger suburban stores.
A smaller, “planning studio” style Ikea store is opening in Manhattan. This downtown NYC version acts solely as a showroom, without the warehouse of build-it-yourself products.