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."
Read the full story: Some Smaller Retail Real Estate Firms Have Thrived in the Downturn
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
‘Going backwards:’ Baltimore mayor, students rally against state's transit funding plan
Maryland's proposed six-year plan provides no funding for Baltimore’s BMORE bus program and reduces its road maintenance funding.
Detroit to transform waterfront with $2.2 billion investment
Developers will convert about 18 acres of unused parking lot space into civic spaces.
LA to transform part of water treatment facility into new park
By rebuilding some of the Los Angeles-Glendale Water Reclamation Plant’s infrastructure, the city will free up 18,000 square feet to create a new green space for the public.
San Antonio approves $1.1 billion transit agenda
The agency has also begun construction of its Via Rapid Green line, which will service passengers from the San Antonio International Airport.
Guerilla urbanists’ DIY benches joined by sanctioned seats in Chicago
The group behind the original homemade benches said they will continue installing them across bench-less bus stops in Chicago.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
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