Quality design is the key to leasing retail centers.For today's style-conscious consumers, innovative and quality product design is a vital selling point selling point n. An aspect of a product or service that is stressed in advertising or marketing. Noun 1. selling point - a characteristic of something that is up for sale that makes it attractive to potential customers , ranging from the sleekest electronic devices to new retail real estate developments. The emerging trend of high-quality retail design merits close attention. Today, shopping has become closely integrated with the leisure and entertainment sector. Generally speaking, people are no longer satisfied with targeted shopping trips in search of specific items. These days, families may spend an entire day browsing through a shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into , many of which include restaurants, eye-catching entertainment venues and even indoor amusement parks This page contains a list of amusement parks by
To keep up with the growing demand for elaborate retail centers, architects must create a level of excitement, while keeping an eye on construction cost and maintenance requirements. Creating an exciting, attractive shopping center, however, cannot be accomplished overnight. Good design is much more than a formal exercise. It involves thoughtful planning and research. The design team must perform a thorough due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. and site analysis to fully assess the center's logistics, making research an imperative first step. An understanding of the area's market trends, cultural influences, local shopping habits, and entertainment practices are also critical to a successful design. For example, what percentage of the shoppers drives to the center and requires parking? Do they use mass transit mass transit, public transportation systems designed to move large numbers of passengers. Types and Advantages Mass transit refers to municipal or regional public shared transportation, such as buses, streetcars, and ferries, open to all on a ? When are peak shopping hours Customs and regulations for shopping hours (times that shops are open) vary from country to country. Shopping days and impact of holidays Some countries do not allow Sunday shopping. In Islamic countries some shops are closed on Fridays during noon. ? When do deliveries occur? All these factors play into designing an appealing retail environment. To complicate com·pli·cate tr. & intr.v. com·pli·cat·ed, com·pli·cat·ing, com·pli·cates 1. To make or become complex or perplexing. 2. To twist or become twisted together. adj. 1. the issue, there are few established ground rules or templates for architects when they design a retail center. Every developer's and tenant's objectives tend to differ, so each center has to be tailored to these specifications. At Greenberg Farrow farrow see farrowing. , we realize that most developers' primary objectives are cost, leasing, and return on investment (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ), making the initial planning and final design critical. Ultimately, the test of a well-designed retail center depends on its ability to be leased and re-leased. When planning a new retail center, the design team needs to develop a leasing plan strategy. For example, developers are often concerned about the ability to lease space to smaller tenants. To help achieve this goal, a long-established strategy is to position smaller tenants in locations with high foot traffic. Shoppers will have to walk past these stores on the way to larger ones. This strategy makes the center more attractive to the smaller tenants from a leasing perspective. This strategy has been successful in simple linear developments with one or two levels, but becomes more challenging in centers that are more complex. At Queens Place, a vertical center in Rego REGO Reinventing Government REGO Renewable Energy Guarantee of Origin (UK) Park, one of the largest tenants, Target, was positioned on the third and fourth floors. Shoppers enter on the ground floor and walk by smaller tenants including Skechers, Daffy's and Starbucks to reach the escalator escalator Moving staircase used as transportation between floors or levels in stores, airports, subways, and other mass pedestrian areas. The name was first applied to a moving stairway shown at the Paris Exposition of 1900. , which is strategically positioned at the back of the corridor. On the second floor, shoppers find Best Buy and Outback Steak House steak house or steak·house n. A restaurant that specializes in beefsteak dishes. before moving up to the Target. The flow of a successful retail center is also important. If a development is difficult to navigate, shoppers may not return. Thus, it is critical to examine how patrons enter either by car or on foot, and circulate through the center. One of Greenberg Farrow's principals, John Clifford
Signage and visibility are critical factors for tenants who are considering leasing space in a property. Normally, signage is limited by zoning and building codes. Despite these limitations, however, tenants often want their signs and logos as large and visible as possible. This may contrast with the developer's vision and with the flow of the center. An experienced design team can help ease the process by developing design criteria Noun 1. design criteria - criteria that designers should meet in designing some system or device; "the job specifications summarized the design criteria" criterion, standard - the ideal in terms of which something can be judged; "they live by the standards of their illustrating the limitations and possibilities of signage for a project. These criteria can be attached to the lease documents. In the Bronx, Greenberg Farrow recently designed River Plaza, a 235,000-square-foot retail center that houses 16 stores in three one- and two-story buildings. All stores have entrances fronting West 225th Street. Although the center is situated in separate buildings, each tenant has the potential for signage along the street. Greenberg Farrow created the design criteria to keep the signage along the street uniform. Although design criteria are critical when designing retail centers, guidelines range from flexible to very specific. The design criteria document is important for the tenants, since it outlines general rules that set forth what they can do outside of their spaces and often specifies how they can utilize interior space. At Gateway Center in East 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 in Brooklyn, Greenberg Farrow created detailed design criteria that established specifications for signage, colors, finishes, and other design elements. As a result, though some of the tenants built their own buildings, the entire center looks uniform, as if it were designed and built at the same time. In determining the cost of creating design-oriented centers, Greenberg Farrow employs a "figure-ground" technique. This approach allows developers to spend money on more expensive features that make the center unique. These so-called "figures" can include light fixtures, canopies, decorative elements, or escalators and elevators. At the same time, the design reduces costs of the "background," which may include walls, ceilings and floors. High-quality design plays an important role in determining the success of retail centers. As demand for quality design continues to increase, we are certain to witness an evolution toward more inviting and stylish elements. These elements will serve a dual purpose: they will enhance the shopping experience that lures shoppers back, and they will help the center achieve financial success by meeting the center's leasing requirements. NAVID MAGAMI, AIA AIA - Application Integration Architecture PRINCIPAL/VICE PRESIDENT OF ARCHITECTURE, GREENBERG FARROW |
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