Evolution of Urban Retail

Posted December 12, 2011

In California, Columbus, Commercial, Retail

International Council of Shopping Centers (ICSC) met in New York City on December 5 and 6.

A Panel of eight national retailers agree that “urban retail is not the last frontier, but an evolving and continuing one” in the words of moderator Ken Narva, co-founder and managing partner of Street Works, a White Plains, N.Y.-based development and planning consultancy. I’m not totally sure what he means by “the last frontier”, but I’m in a market that is quite different from NYC.

For urban retail to be successful, there must not be any disparity between function and urban space, said G. Lamont Blackstone, principal of G.L. Blackstone & Associates LLC, a Mount Vernon, N.Y.-based real estate development company. He noted that he often finds an “intrinsic tension” between a community’s desire for parking and the operator’s ideas.

For more – below is the link to the article from the National Real Estate Investor

National Real Estate Investor Online – Urban Retail Evolution

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