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With retail developers facing difficult financial markets, it is becoming increasing popular to seek public sector participation in sharing the inherent risk of new developments by providing more incentives and financial assistance from communities. Amy Wetzel will be speaking on PPP during the Retail Trends and Predictions panel at ICSC RECon. The panel takes place Tuesday, May 19 at 9:15 am in the Las Vegas Convention Center Room S230-S232.
Success Filling Empty Boxes
Buxton has helped a number of communities trying to fill empty big boxes. Salinas, California successfully filled an old Mervyns location with Forever 21, a clothing store for teens and young adults.
Resources By forging alliances with retail developers many communities have discovered they can maximize their retail potential. Participants in this webcast will gain insight into the requirements for a successful partnership with retail developers, as well as learning practical methods for ensuring top performance. To sign up for this Texas Municipal League webcast, follow this link: http://www.tml.org/ed_webinar_retail.html |
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More affordable space leads to out of the box retailingWhile some retailers are shutting their doors, leading to ever growing dark spaces in community store fronts, others are taking advantage of the lower lease rates these vacancies leave in their wake. Retailers still in expansion mode are beginning to adapt their plans to include this existing space, in some cases adapting their models to include new approaches to meet the desires and needs of the consumer. |
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