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Big changes could be coming to Congress Avenue in Austin! The city is planning to make this iconic street more pedestrian-friendly through the Congress Avenue Urban Design Initiative (CAUDI). Key points: - A new public plaza may be added from Seventh to 11th Street, transforming the heart of downtown. - Traffic would be rerouted north of Seventh Street, with vehicles still allowed to cross east and west between Seventh and 11th. - The redesign would remove 94 parking spots to create a more walkable, vibrant space. - Upgraded bike lanes and new turn lanes would be introduced at key intersections. The first phase of the project, costing $22 million, will be funded by the 2020 Active Transportation and Safety Bond. The full project is estimated to cost $130 million, with additional funding needed for completion. This vision aims to bring more energy to the area, already known for its restaurants, vintage shops, and bars. What do you think of the proposed changes? Would you miss the parking or enjoy the increased walkability? 🔗: https://bit.ly/3zPY6wZ

The classic American mall is evolving. With department stores like Macy’s shutting down, developers are transforming these spaces into apartments and mixed-use communities. Some are building apartments next to malls, connected with walkways and green spaces, while others are converting the interiors of empty stores into housing or completely reimagining malls with a blend of residential, retail, restaurants, and outdoor spaces. This shift is helping malls stay relevant as consumer habits change and traditional anchor stores lose their appeal. It’s a creative solution addressing both the decline of retail spaces and the housing shortage in the U.S. At Athens Nexus, we support developers in making these transformations possible—providing innovative design and technical solutions to bring these spaces to life. Let’s reimagine what’s possible together!

Following council approval, Muse Developments is set to transform Solihull’s Mell Square shopping centre into a mixed-use town centre hub. https://lnkd.in/dfhDQP54

Open-air plazas are shaping the future of commercial real estate due to several compelling factors: 1. Consumer Preferences: Shoppers increasingly favour outdoor spaces that blend retail with leisure and dining experiences. Open-air plazas cater to this demand by providing a vibrant, community-centric atmosphere that enclosed malls often lack. 2. Flexibility: Open-air plazas offer flexible leasing options and can adapt to changing retail trends. This flexibility attracts a diverse range of businesses, from boutique shops to dining establishments. 3. Cost Efficiency: Lower overhead costs associated with open-air plazas, including reduced maintenance and energy expenses, make them an attractive option for both retailers and investors. 4. Community Integration: These plazas foster local engagement by integrating with surrounding neighbourhoods and offering spaces for events and social gatherings, enhancing their appeal and driving foot traffic. 5. Sustainability: Many open-air plazas incorporate green spaces and sustainable design practices, aligning with growing consumer and investor interest in environmentally responsible developments. 6. Experiential Retail: As retail moves beyond mere transactions to focus on experiences, open-air plazas provide the ideal setting for interactive and engaging retail environments. The shift towards open-air plazas reflects broader trends in consumer behavior, cost management, and community-focused development, positioning them as a forward-thinking choice in commercial real estate. For detailed CRE guidance tailored to your business needs, contact me, Allan H. Lunenfeld, LL.B. Broker | ahl@sympatico.ca Royal LePage Commercial Real Estate Royal LePage ProAlliance https://lnkd.in/gY-fA2Ji #CommercialRealEstate #LetterOfIntent #RealEstateTips #CanadaRealEstate #PropertyDeals #commercialrealestateinvesting #commercialrealestate #commercialopportunity #belleville #quinte

*The Clove* by Mattamy Homes An exciting new chapter for the beloved Cloverdale Mall, Etobicoke transforming it into a vibrant mixed-use development that blends urban vitality with suburban familiarity. This first phase, known as The Clove, is part of a visionary master plan covering 32 acres and will feature thousands of residential suites, ranging from studios to three bedrooms, state-of-the-art amenities, and new retail space. Exceptional convenient access to all transit options, shopping, dining, and green spaces, fostering sustainability and connectivity within the community. *Pricing starting in the mid $400s* *DEPOSIT* $5,000 on Signing Balance to 5% in 30 Days 2.5% in 210 Days 2.5% in 600 Days 5% 90 Days Prior to Occupancy 5% on Occupancy *INCENTIVES* *Capped Development Levies* $11,000 for 1+D & Smaller $14,000 for 2B & Larger *Free Assignment* ($500+HST Admin + $500+HST Legal Fee Applicable) *Right to Lease During Occupancy* ($1,000+HST Admin Fee Applicable) *30” Appliance Package* for Select Suites Parking $50,000 Locker $7,000 Occupancy 2028

When Country Club Plaza opened in the early part of the 20th century, it served the needs of well heeled Kansas City residents who enjoyed the good life... European styled buildings were tenanted with high end retail and food establishments. Important to success was the drive in convenience of cleverly designed parking structures for suburbanites who had the day to spend while their spouses worked in the Center City. Now CCP is in the midst of a repositioning led by the same ownership group that has had success with Highland Park Village in Dallas. Although the bones of the CCP development are sound (high quality architecture, incredible plazas and green spaces integrated into a tight(ish) urban grid), the demographics and with them, the behaviors of the current Kansas City market do not match what the district currently offers. Other areas of the city like Power and Light appeal to a younger demographic with urban housing formats and street oriented events. In affluent suburbs, high net worth couples have less interest in leisure shopping, and more in health and wellness and unique experiences. My advise to the new owners is to 1) change the public realm, the streets are way too wide and auto oriented. Encourage walking and biking by narrowing the streets and allowing other modes to have a chance to take hold, 2) create terrace dining and other semi public spaces that are elevated above or adjacent to, the elegantly designed public spaces already there. 3) integrate as much housing as you can get away with, which will create a constituency that self polices and provides energy, use some of the extra retail parking already there for the residences you integrate into the urban grid 4) recognize that you are a content provider, and use some of those parks and plazas as event spaces that attract interest throughout the week, months, and year. 5) create a wellness community with health care, cultural and educational resources in the core; 6) bring a hotel to the property with a rooftop terrace and other meeting spaces that are seen as common ground for both business and community interaction. 7) take advantage of Brush Creek as an amenity that connects to CCP with services for runners, walkers, and cyclists. 8) keep some of the retail but curate its mix to include local artisanal tenants and food purveyors along with the luxury that is already there. Retail Centers from this era must be preserved, while addressing the needs of today with other things to do and experience. Just rethinking the commercial mix won't cut it anymore.

Redeveloping the American Retail Mall: Transforming Spaces for the Future The decline of traditional retail malls has given rise to innovative redevelopment projects that breathe new life into these vast spaces. By transforming malls into mixed-use developments, cities can address various needs, from housing shortages to community amenities, while promoting sustainability. One example is the redevelopment of the Westminster Mall in Westminster, California. This ambitious project aims to convert a portion of the 51-year-old mall into a vibrant, mixed-use community. The plan includes 1,100 market-rate apartments, over 100 for-sale townhomes, a 175-room hotel, and a 2.5-acre public park featuring an amphitheater for concerts. The project also incorporates a dog park, pickleball courts, and 25,000 square feet of retail and dining spaces. This redevelopment not only revitalizes the mall but also creates a dynamic community hub, enhancing the local economy and providing much-needed housing. Funding for this $1 billion project involves a mix of private investments and local government support. https://lnkd.in/gH_wbBES https://lnkd.in/gvw5hPEP Another notable project is the Southland Mall redevelopment in Miami-Dade County, Florida. This $1 billion redevelopment, aims to transform the 80-acre site into Southplace City Center, a mixed-use, transit-oriented community. The development will feature more than 4,000 residential units, over 500,000 square feet of curated retail, dining, and entertainment venues, and an additional 150,000 square feet of retail space. The project is designed to create a self-contained community with abundant green space, bike trails, walking paths, and a trolley system, enhancing connectivity and reducing reliance on cars. The redevelopment is expected to generate approximately 2,700 new jobs and significant tax revenue for the local economy. The idea for a walkable community like this in Dade County began back in 2005. https://lnkd.in/eNZKmJTe https://lnkd.in/eBxeRWNd These projects illustrate the potential of mall redevelopments to meet modern needs, providing sustainable, mixed-use environments that benefit local communities and economies. Retown commends these innovative efforts for setting new benchmarks in community development and sustainability. #RetownRevision #MallRedevelopment #UrbanDevelopment #SmartDevelopment

This month, Retown is thrilled to highlight two innovative mall redevelopment projects that exemplify the transformation of traditional retail spaces into dynamic, mixed-use environments. These projects showcase how redevelopment can meet modern needs, foster community engagement, and promote sustainability. Richland Mall, Columbia, South Carolina: The redevelopment of Richland Mall in Columbia is set to transform this former shopping hub into a vibrant lifestyle center. Located at the entrance of Forest Acres, the redevelopment will feature a mix of upscale retail spaces, apartments, and a grocery store, all designed in the style of a town center. Included in this project is a beautiful, six-acre public park with an amphitheater, aimed at promoting community engagement and providing a space for public events and activities. This park will offer green spaces for relaxation, walking paths, and venues for concerts and other gatherings, making it a central community hub. The redevelopment is spearheaded by Southeastern, with funding supported by city and county tax incentives. This project highlights the shift from traditional malls to open-air, community-focused environments that cater to contemporary consumer preferences. https://lnkd.in/eUAfPNyM Scottsdale Fashion Square, Scottsdale, Arizona: Scottsdale Fashion Square is undergoing a significant redevelopment to enhance its luxury offerings and create a more experiential shopping environment. Owned by Macerich, this redevelopment focuses on transforming the mall's south wing with new two-story storefronts, exterior-facing retail buildings, and a grand entrance featuring resort-style amenities. The project will include high-end dining options like Elephante, a coastal Italian restaurant making its debut outside Los Angeles. Additionally, the redevelopment will introduce more flagship stores for men's brands, creating a more diverse shopping experience. The integration of natural stone flooring, custom light fixtures, and elegant furnishings will enhance the mall's appeal as a premier shopping destination. https://lnkd.in/e__pu2CZ These projects illustrate the potential of mall redevelopments to rejuvenate urban areas, offering new residential, commercial, and recreational opportunities while fostering a sense of community and sustainability. Retown applauds these efforts for their innovative approaches and positive impact on community development. #RetownRevision #MallRedevelopment #UrbanDevelopment #SmartDevelopment

A 60-year-old enclosed mall, a popular institution in a North Jersey municipality, is about to be dramatically reconfigured in a reflection of the times: Much of its retail space will be demolished and replaced with an open-air town center and 1,000 luxury apartments. At the redevelopment's groundbreaking this month, Eatontown Mayor Anthony Talerico Jr. acknowledged that the $500 million project had stirred criticism and "intense emotions" from residents who didn't want to see "a radical" change in the Monmouth Mall. For decades, different generations came to the retail center to shop, dine, hang out and socialize. Nicole Kushner Meyer, president of Kushner Cos., the firm overhauling the mall, recalled taking her daughters there to have their ears pierced. But it's a different era now, and Eatontown has to move with the times to remain economically vibrant, Talerico said, "We can't deny that the landscape is changing and we should change with it." Adding residences to malls isn't new, but projects are picking up nationally. The concept is designed to naturally increase foot traffic, real estate professionals say, while creating a new mix of store lineups to vie for space in an already tight U.S. retail market. Brokers and landlords are looking to land deals this week in Las Vegas at

Fourways Mall remains in the news, and with every headline, our minds can’t help but wonder to what possible solutions the conundrum they find themselves in could be considered. Here’s a few more ideas of what could be done to make the property more inviting. Let us know what you think. #retaildesign #retailarchitect #revitalisationarchitecture #fourwaysmall