A NAIOP event held at Goulston & Storrs recently focused on big changes coming to the Massachusetts Brownfields regulations, also known as the MCP. Retailers should take note of these regulations. They are directly relevant if you own or lease real estate in Massachusetts at which environmental contamination issues are (or were previously) present because… Continue Reading
Category Archives: Development
Subscribe to Development RSS FeedRestaurant Paradox: Encouraging and Discouraging New Restaurants in Washington, D.C.
Posted in Development, Landlords, Restaurants, Retail, ZoningResearch has suggested that zoning can have both anti-competitive and pro-competitive effects on retail establishments. The anti-competitive effects may be caused by limiting the number of certain types of retail establishments, by prohibiting some types of retailers, or by encouraging certain types of retailers over others. Other research has shown that zoning can increase competition… Continue Reading
The Bottom-Line Case for a Walkable Retail Future
Posted in Development, Retail, retail salesA recent Washington Post article by Jonathan O’Connell poses the question, “Can city life be exported to the suburbs?” In it, the author examines the contemporary design phenomenon manifested by the proliferation of “town centers” (or “lifestyle centers”) nationwide, and particularly in the Washington, DC region. He observes: “In the past two decades builders increasingly… Continue Reading
Boston’s Emergent Restaurant Row: A Model for the Nation’s New Linear Parks and Boulevards?
Posted in DevelopmentCasey Ross of the Boston Globe recently reported that the Palm restaurant, an Italian steakhouse with New York roots, will open a new 8,300-square-foot location in Boston’s International Place office complex, adding to “the steady development of the [Rose Fitzgerald Kennedy] Greenway, which has attracted many restaurants and outdoor dining options in recent years.” Indeed,… Continue Reading
Sustainability in the Retail and Restaurant Industry: An Imperative and an Opportunity
Posted in Development, Green, LeasingOnce motivated purely by altruism, sustainable retail development and building operation are increasingly encouraged by both governments and market conditions, if not explicitly required by law. Sustainability presents attractive opportunities to the retail and restaurant industry despite its unique challenges, such as significant interior and exterior demands, management of substantial refrigeration loads associated with food… Continue Reading
Suburban Retailers Moving Into Urban Spaces, an ICSC Discussion
Posted in DevelopmentThe International Council of Shopping Centers (ICSC) kicked off its recent 2012 Mid-Atlantic Conference & Deal-Making with a panel discussion on the growing trend of suburban, large-format retailers, such as Wal-Mart, moving into urban markets that were once viewed as impenetrable and undesirable. Grant Ehat of JBG Rosenfeld Retail Properties moderated the panel, which included… Continue Reading
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