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
Retail Openings Outpace Closures in 2021
An estimated 20 percent of the stores to open so far in 2021 are Dollar Generals.
Long-Delayed $5 Billion American Dream Mall Opens
It took 17 years and no small amount of public ridicule as it sat dormant in the New Jersey meadowlands, but a small portion of the American Dream mall is now open to the public.
Stories of Big Box Redevelopment Success—After Years of Frustration
The Minneapolis area yields two case studies of troubled sites, home to big box retailers, finally rejoining the community.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.
Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.
Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.
MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.
Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Caltrans
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Mpact (founded as Rail~Volution)
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