DEVELOPMENT DIGEST
May 01, 2000
New developments Bend, Ore. - Plans for the first segment of the Village Center, the retail hub of Bend's Old Mill District mixed-use development, recently were approved. The site, located along both banks of the Deschutes River in the city's...
Credit Tenants Get Wise to SNDAs
May 01, 2000
Lenders love the financial strength of creditworthy national and regional chain stores, or "credit tenants." They often find problematic many of the favorable lease provisions that tenants, because of their financial strength, are able to...
Courts View Management Fees Dimly
May 01, 2000
Over the past decade, shopping center owners have viewed management fees as an important new source of CAM revenue. Although management fees can quickly raise millions of dollars, this solution to a landlord's cost problems may end up to be too...
Tommy Bahama's Latitude Adjustment
May 01, 2000
A cool island breeze. The warm sand underfoot. Shoppers won't have to go far to experience the relaxing atmosphere a perfect island getaway creates once Tommy Bahama expands its retail and restaurant locations...
Making AIA Contracts Work for You
May 01, 2000
Understandably, you're excited about your new project. The financing is in place, and all the zoning and other governmental agency problems are resolved. You have even selected an architect and may be ready to put the project out to bid or select...
Vertical Retail: Going Up in Style
May 01, 2000
The most challenging retail developments are those limited in land area, forced to go vertical. Given factors such as costs much higher than those for a one- or two-level center, convincing tenants to locate several floors away from the street and...
"Design expresses the level of mer
May 01, 2000
Basic Instincts Frilly detailing was the last thing Spanish retailer Zara wanted for the design of its new U.S. flagship on Fifth Avenue in New York. Instead, the sleek, clean lines of the Zara apparel line served as a guide for the project. In...
The In Crowd: Retail Rushes to Keep Pace with Generation Y
May 01, 2000
Every generation of teenagers is convinced it is different from the generations that came before. It has become an American rite of passage for teenagers to howl to their parents, "You just don't understand!" ...
Family Pizza Place: Quick-Rises Into National Chain
May 01, 2000
Expanding from one neighborhood pizzeria in 1963, to a chain of 143 restaurants in the late 1990s, Donatos Pizza faced steady growth. But the Columbus, Ohio-based chain was small fries compared to burger giant McDonald's, which decided to purchase...
Pension Funds: Canada's New Retail Landlords
May 01, 2000
Enterprising developers have built strings of flourishing regional shopping centers across Canada over the past 50 years. Toronto and Montreal-based pension funds have needed only about five years to buy out developers' interests in the largest...
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