While a number of mega retail developers crashed and burned during the recession, some smaller developers have thrived.
Retail Traffic Magazine interviews people at a handful of smaller development companies, who agree that larger companies take too long to make important decisions and so weren't able to alter course quickly enough during the crash.
"These big companies are like big battleships that can't turn on a dime, but a small company can be like a [patrol torpedo] boat, changing course quickly because it's agile and flexible," adds Howard Paster, president of Paster Enterprises LLC, a St. Paul, Minn.-based company that owns 12 grocery-anchored shopping centers throughout the Great Lakes region."
FULL STORY: Some Smaller Retail Real Estate Firms Have Thrived in the Downturn
Coming Soon to Ohio: The Largest Agrivoltaic Farm in the US
The ambitious 6,000-acre project will combine an 800-watt solar farm with crop and livestock production.
Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
U.S. Supreme Court: California's Impact Fees May Violate Takings Clause
A California property owner took El Dorado County to state court after paying a traffic impact fee he felt was exorbitant. He lost in trial court, appellate court, and the California Supreme Court denied review. Then the U.S. Supreme Court acted.
Colorado Bill Would Tie Transportation Funding to TOD
The proposed law would require cities to meet certain housing targets near transit or risk losing access to a key state highway fund.
Dallas Surburb Bans New Airbnbs
Plano’s city council banned all new permits for short-term rentals as concerns about their impacts on housing costs grow.
Divvy Introduces E-Bike Charging Docks
New, circular docks let e-bikes charge at stations, eliminating the need for frequent battery swaps.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
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Learn the tools for implementing Universal Design in planning regulations.