In Birmingham, Alabama, developers are seeing a lot of empty big box and anchor retail spaces, while smaller, neighborhood centers are actually seeing an increase in occupancy.
Michael Tomberlin writes, "Bankruptcies and closings by retailers such as Bruno's, Circuit City, Goody's and Linens 'N' Things have left hard-to-fill holes in many centers.
Graham said smaller retailers have been able to weather the storm, but a prolonged recession and slow business at neighboring anchors could start taking a toll."
FULL STORY: EGS report: Retail real estate stung by loss of 'big boxes'
Retail Space Shrinking Again in 2018
Because of closures at big box stores like Toys R US, 2018 will see total retail space down sharply even while the number of store closures is small compared to last year.
Brick and Mortar Continue to Struggle as Shoppers Scatter
Online options and oversaturation in some markets are leading to continued declines in physical storefronts around the country.
Is A Small, Urban Wal-Mart Too Little Too Late?
Recent reports have revealed weaknesses in the big box business model. Will Wal-Mart’s new urban stores be as successful as its outdated model?
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Restaurant Patios Were a Pandemic Win — Why Were They so Hard to Keep?
Social distancing requirements and changes in travel patterns prompted cities to pilot new uses for street and sidewalk space. Then it got complicated.
In California Battle of Housing vs. Environment, Housing Just Won
A new state law significantly limits the power of CEQA, an environmental review law that served as a powerful tool for blocking new development.
Boulder Eliminates Parking Minimums Citywide
Officials estimate the cost of building a single underground parking space at up to $100,000.
Orange County, Florida Adopts Largest US “Sprawl Repair” Code
The ‘Orange Code’ seeks to rectify decades of sprawl-inducing, car-oriented development.
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