Printer Friendly
The Free Library
14,598,536 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Creative stacking helps developers maximize space.


The shrinking amount of developable property in and around large cities such as New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, and the high cost of land, have made it a necessity to stack horizontal power centers vertically, thereby maximizing what may be a small footprint The amount of geographic space covered by an object. A computer footprint is the desk or floor surface it occupies. A satellite's footprint is the earth area covered by its downlink. See form factor.

1.
 for a given project.

While limited land has always been an obstacle in New York, we are beginning to see this trend expand to other cities as well.

Where we would normally see a power center on 50 to 100 acres of land, we are now seeing much smaller footprints for relatively the same size--or even larger--retail developments.

For example, in 1999 we designed the 640,000 s/f Gateway Center in Brooklyn Brooklyn (brk`lĭn), borough of New York City (1990 pop. 2,300,664), 71 sq mi (184 sq km), coextensive with Kings co., SE N.Y. , built on 48 acres; a similar new development for the same client, Gateway Center at Bronx Terminal Market in the South Bronx, is placing more retail on less land, with more than one million square feet on just under 17 acres.

Clearly, the vertical stacking of big boxes is the current trend in utilizing land values.

Although stacking retail enables developers to get more out of the available land, it also makes projects more difficult and expensive to build.

In addition, the ability to bring in stores on multiple levels depends on the type of retailer. A destination retailer, for example, which has its own following of customers, can be successful even on the third or fourth level. By contrast, a smaller, lesser-known retailer would not.

One GreenbergFarrow project, Queens Place in Elmhurst, has a Target that begins on the third floor and still attracts plenty of foot traffic.

It takes a great deal of experience to know what will and will not succeed in any given new retail development. Having worked extensively with both retailers and developers, GreenbergFarrow understands the needs of both parties. We seek to create a design that is feasible for the developer and desirable for the retailer as well.

Balancing the needs of developer and retailer, which often requires constant negotiation, is an important part of what we do. The design recommendations we make need to satisfy both parties, while taking maximum advantage of possible constraints CONSTRAINTS - A language for solving constraints using value inference.

["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)].
 associated with building codes and zoning.

Naturally, every tenant wants a strong presence in a retail center, especially one that has multiple levels. We're finding that more retailers are seeking increased visibility and signage. In New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 particularly, retailers are looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 more glass, more display area and store windows. These are the features you don't typically find in suburban retail centers.

At the Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services.

Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box
 on 23rd Street in Manhattan, for example, GreenbergFarrow adapted a ground-level display approach where pedestrians could be attracted by window displays. The Target we designed in Riverdale has a large glass element offering views into the store. The glass even showcases the parking level above as a way to emphasize shopper accessibility.

Parking is another important aspect of a retail center in both urban and suburban settings, particularly if land is scarce.

GreenbergFarrow's typical approach is to place the parking above, below or in a structure adjacent to the retail centers, making it convenient for shoppers, yet not taking away space that could be used for other stores.

We're also noticing an increase in mixed-use developments Mixed-use development refers to the practice of allowing more than one type of use in a building or set of buildings. In planning zone terms, this can mean some combination of residential, commercial, industrial, office, institutional, or other land uses.  that incorporate multiple functions. For example, residential towers are now being built above power centers with major big box retailers, and some centers have residential towers above office space.

At the new center coming to Rego Park, Queens Rego Park is a diverse neighborhood in the central portion of the New York City borough of Queens. It is bordered to the north by Elmhurst and Corona, the east and south by Forest Hills and the west by Middle Village. The neighborhood is part of Queens Community Board 6. , the retail base will have major national big box retailers with residential towers above. And at The Langston on 145th Street in Harlem, there will be retail on two levels and 180 condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
 apartments above, with below-grade parking. Clearly, mixed-use projects in New York City and beyond are seeking to maximize available space by incorporating a range of uses.

In the next few years, especially in urban retail developments, exteriors will become more of a focus in project design. Better materials will be used for building facades. More glass will be used to fulfill ful·fill also ful·fil  
tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils
1. To bring into actuality; effect: fulfilled their promises.

2.
 a retailer's need for increased visibility. GreenbergFarrow attempts to create a design that will provide retailers with the visibility they seek in a way that remains compatible with the developer's vision for the space.

The heart of the matter is to maximize available space. This principle is key to all of GreenbergFarrow's current retail projects. In the New York area in particular, our most significant projects for 2006 are major vertical power centers in urban areas including The Gateway Center at Bronx Terminal Market, The Rego REGO Reinventing Government
REGO Renewable Energy Guarantee of Origin (UK) 
 Park Center in Queens and East River Plaza.

By serving as partner to both developers and retailers--and by understanding the individual needs of both developers and retailers--GreenbergFarrow creates designs that satisfy their mutual requirements by delivering a successful development.

Navid Maqami, AIA AIA - Application Integration Architecture ,

Principal, GreenbergFarrow
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Retail Markets
Author:Maqami, Navid
Publication:Real Estate Weekly
Article Type:Editorial
Geographic Code:1USA
Date:May 17, 2006
Words:799
Previous Article:Rooms to maneuver as lodging boom brings boutique bonanza.(Retail Markets)
Next Article:Jubilee Market plugging gap in west side store services.(Newmark Knight Frank Retail)(Brief article)
Topics:



Related Articles
'Edgy' Tenants Moving In, Raising Property Values.
Top Real Estate Executives Forecast the Market in L.A.
Downtown Deluge.(Los Angeles fashion district develops new manufacturing and retail facilities)(Industry Overview)(Statistical Data Included)
Safety first as developer executes concrete plan.(Construction & Design)
Moinian sets standard for going solo in 2005.(Annual Review & Forecast)
Mixed tenants work best at Hoboken development.(Metro Village Development)
Attorney strikes the right chord on development.(Mixed Use: Real Estate Awards Transforming Los Angeles)(Jerry Neuman)
Futterman wins deal of the year.
REBNY presents retail deal of the Year Awards.
Developer aiming to be star of extreme ecology.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles