DOCSLIB.ORG

Newest Version of Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Newest Version of Report 2005 MSCA RESEARCH COMMITTEE MEMBERS 2005 MSCA RESEARCH COMMITTEE MEMBERS Bob Barton, Kraus-Anderson Companies Molly Bird, United Properties Eric Bjelland, United Properties Brandon Champeau, United Properties Jerry Ciardelli, Erdahl Aerial Photos Gregg Erickson, CB Richard Ellis Betty Ewens, Kraus-Anderson Companies Jan Goossens, Kraus-Anderson Companies Jennifer Helm, United Properties Dirk Koentopf, United Properties Mike Korsh, Kraus-Anderson Companies Jim Mayland, MNCAR Robert Pounds, Welsh Companies, LLC Holly Rome, Jones Lang LaSalle Paul Sevenich, Kraus-Anderson Companies Kenneth M. Vinjes, Kraus-Anderson Companies A special thanks to: Linda Autry, Kraus-Anderson Companies; Darci Fenske, Lanmark Corporation; Lisa Kinowski, Fisher Group; Joe Kleiman, Kleiman Realty; Caroline Lilienthal and Jim Mayland, MNCAR; Tom Madson, Benson-Orth Associates, Inc. Property information was provided by members of MSCA, as well as the MnCAR “Xceligent” database. Data contained in this report is the property of the Minnesota Shopping Center Association and may not be copied without prior consent. The 2005 MSCA Research Committee performed the statistical analysis. Additional copies of this report are available by contacting the Minnesota Shopping Center Association at (952) 888-3491. ©2005 Minnesota Shopping Center Association 8120 Penn Avenue South, Suite 114 Bloomington, MN 55431 www.msca-online.com TABLE OF CONTENTS Introduction . 2 Executive Summary . 3 Glossary of Definitions . 3 OPINION SECTION Development/Redevelopment . 4 New Retailers/Bankruptcies/ Acquisitions/Mergers . 5 Investment Market. 6 Legislative . 6 Trends . 7 Mixed-Use . 7 Grocery-Anchored Centers. 8 Urban Clusters. 9 STARRSM AWARDS Interior Design. 10 Design and Aesthetics . 10 Development Process . 11 Renovation/Remodel . 11 Redevelopment . 11 Individual Awards . 11 OVERVIEW OF TWIN CITIES PROPERTIES Market Size . 12 Vacancy . 12 Expense Analysis – Rental Rates . 14 – CAM Expenses . 14 – Real Estate Taxes . 15 – Comparisons of All Expenses . 17 PROPERTY SECTION Regional Centers . 17 Property Listing of Regional Centers Community Centers . 22 Property Listing of Community Centers Neighborhood Centers. 24 Property Listing of Neighborhood Centers Minneapolis CBD . 30 Property Listing of Minneapolis CBD Saint Paul CBD . 31 OUTSTATE SECTION Introduction to Outstate Properties . 33 Duluth . 34 Property Listing of Duluth Mankato . 36 Property Listing of Mankato Rochester . 38 Property Listing of Rochester Saint Cloud . 40 Property Listing of Saint Cloud Brainerd/Baxter . 42 Bemidji . 43 Moorhead/Fargo. 44 RETAILER PROFILES . 46 APPENDIX: PROPERTY LISTINGS Alphabetical, by city. 48 2005 Corporate Sponsors. 66 1 INTRODUCTION Welcome to the Minnesota Shopping This year, the MSCA Research Committee Center Association (MSCA) 2005 Retail Real has redesigned the retail report with the Estate Report. Minnesota is fortunate to have a intention of further improving the content. The strong real estate community infused with Outstate Section of the report has once again successful industry leaders, the presence of expanded this time to include the Moorhead/ many retailer headquarters and a large array of Fargo area. Two new sections were added to the retail venues. The Minnesota marketplace offers report overall: a section highlighting the past the latest concepts in everything from super- year’s Shopping Center Tribute Awards to regional shopping centers to the everyday Retail Real Estate (STARRSM Awards) recipients essential Neighborhood Center. For the past 16 and a Minnesota Retailer section, highlighting years, MSCA’s Retail Real Estate Report has several of Minnesota’s publicly traded retailers. tracked Minnesota’s shopping center market as Lastly, we have discontinued the annual retail it has expanded and evolved, providing a survey of MSCA’s members. The committee’s market overview of the industry. decision to do so was driven by the strength of Information for the report is generated by the information in the “Xceligent” database and the “Xceligent” database and input from the cooperation and assistance of many industry real estate professionals. The statistical industry professionals. data is generated by an alliance between MSCA We would like to express a special thanks to and the Minnesota Commercial Association of the 2005 Research Committee, Caroline Realtors (MNCAR), working closely together Lilienthal and Jim Mayland at MNCAR and to update and filter the information in MSCA. We hope you will find this year’s Retail MNCAR’s “Xceligent” database. Committee Real Estate Report to be informative and useful. members spent several hours reviewing and analyzing data, and making site visits to ensure Holly Rome that the information is as accurate as possible. Robert Pounds 2005 MSCA Research Co-Chairs 2 EXECUTIVE SUMMARY AND DEFINITIONS EXECUTIVE SUMMARY GLOSSARY OF DEFINITIONS • Fundamentals for retail property remain plan, whether conceptual or in progress to strong in 2005. Tenant and investor demand stay abreast of today’s harried but luxury- Property Classifications is heated, and supply is somewhat focused consumers. For the purpose of this constrained. The resulting imbalance, report, a shopping center’s especially as it relates to the capital markets, is Some statistical highlights from the 2005 classification is based solely an upward pressure on pricing. Local and report: on square footage. All national developers continue to supply statistical inferences are based product into the market to accommodate the • The Twin Cities retail universe increased on the following definitions: population growth patterns. Interestingly, the 1.86% from 2004. The total amount of retail population growth patterns are now urban space according to MSCA is 58,059,383. • (R) Regional Center— and suburban in nature. This new • Market rental rates have continued to increase 400,000 square feet phenomenon, growth occurring toward, in overall and especially in tight markets. and up and away from the center cities will pose • Average vacancy is down from 2004 and interesting development conditions in the presently stands at 6.0%. • (C) Community coming years. If the old adage “retail follows Center—150,000 to rooftops” is true, then we will likely see an 399,999 square feet increased amount of redevelopment in the center cities, as well as the ongoing retail • (N) Neighborhood development in outer-ring suburbs. As the Center—30,000 to kids say, “It’s all good”! 149,999 square feet • In terms of product type, Neighborhood and Community Centers seem to be the preferred • (CBD) Central Business property type of the area’s developers. District of Minneapolis Development is occurring in virtually every —regardless of square geographic sector, with grocery stores footage typically anchoring the development. A new Lifestyle Center is being developed in Woodbury. The joint venture of Opus Northwest and RED Development transforms unimproved land along I-94 in fast-growing Woodbury into approximately 400,000 square feet of new retail in a unique design, with an interesting layout and a retaining wall (rumored to be called the Great Wall of Woodbury). • The market’s Regional Malls continue to retool to meet the needs of today’s consumers. As an example, Rosedale Center purchased one of the area's nine vacant former Mervyn’s buildings with plans to demolish the building and construct new retail with a focus on entertainment and retail in a nonmall environment. Virtually every one of the Regional Malls has some 3 OPINION SECTION Mills Corp., which took DEVELOPMENT/ over ownership and REDEVELOPMENT management of Edina’s In the southwest, Eden Prairie is still a high- Maple Grove continues to grow their retail Southdale Center earlier demand market that continues to attract mecca with Opus Northwest’s Fountains of this summer, has retailers. Best Buy is under construction at Arbor Lakes at I-94 and Hemlock Boulevard. significant makeover plans I-494 and Highway 212, and is redeveloping Opus Northwest is proposing anchors Costco, the site from an office building to a state-of-the Lowe’s and other big box, service and restaurant for the nation’s oldest art retail store. In addition, Fountain Place retailers. This addition will add another 800,000 enclosed shopping center. opened in the fall with HomeGoods, square feet to the existing retail universe. In Sportmart, Michaels, Famous Footwear, Zeno addition, Ryan Companies is still moving To the northwest of and Pei Wei Asian Diner. forward on their project at I-94 and County Minneapolis, Rogers is Mills Corp., which took over ownership Road 30 at the future Highway 610 extension attracting a lot of and management of Edina’s Southdale Center featuring Home Depot, a proposed SuperTarget earlier this summer, has significant makeover and a medical facility. Finally, Wal-Mart there is discussion these days — plans for the nation’s oldest enclosed shopping undergoing expansion to SuperWal-Mart. with a 190,000-square- center. Although renovation plans have not been Wayzata’s downtown will get a major face-lift foot Cabela’s that opened finalized, early plans include adding a fourth with the redevelopment of Wayzata Bay Shoppes. this fall and Cub Foods department store and an Open-Air/Lifestyle Center. Currently, United Properties, in partnership and Lowe’s proposing East of Saint Paul, Stillwater/Oak Park with the existing owners, are in the midst of a locations in the market as Heights is coming into its own with Kowalski’s six-month study with the city to determine
Load more

Recommended publications
  • SJMC Covers Campaign Trail by KIM ERCHUL SJMC Faculty SJMC STUDENT His Year, a Group of by KIRSTEN L
    UNIVERSITY OF MINNESOTA School of Journalism and Mass Commuriication Summer 1992 Awards for aggressive reporting ... page 3 Smokey Bear and advertising ._ .. ·page 4 I II Brovald-Sim community journalists ... page 7 Alumni .notes ... page 10 Leading advertising researcher joins SJMC covers campaign trail BY KIM ERCHUL SJMC faculty SJMC STUDENT his year, a group of BY KIRSTEN L. JENSEN political reporting stu­ SJMC GRADUATE STUDENT dents went on a field ill wells is one of those rare trip to the presidential people who feels just as com­ caucuses in Iowa, where theyT slept little and wrote a lot. fortable in the business world as he does in academia. He's The II SJMC students dreamed up innovative adver- stayed in Des Moines for I 0 tisingB methods just as often as he's pub­ days in February to write about lished his research findings in academic the nation's first presidential journals. He thrives on advertising. caucuses. In past years, Iowa "The people has been a political stomping who work in ad­ ground for presidential candi­ vertising are very dates eager to gain recognition. sharp and interest­ But Sen. Tom Harkin, D-Iowa, ing people," said declared his candidacy in Wells, SJMC's September, forcing other can­ first Mithun Land didates to campaign on more Grant Chair in neutral playing ground in the Advertising. "The New Hampshire primaries. Bill Wells problems are com- The unusual calm and Sen. Tom Harkin, 0-lowa, campaigning in Ottumwa, an Iowa farming town, before the caucuses: (Photo by Diane Bush) plicated and diffi­ absence of candidates forced cult and you get immediate feedback." students to come up with cre- Wells w,ill conduct research on con­ ative story ideas, said Associate sumer behavior and teach several Professor Bill Babcock.
    [Show full text]
  • MSCA Newsletter
    JULY 2014 In this Issue ICSC Recon ---------------- - 1 Member Profiles ------------- 2 Northstar Lacrosse ---------- 3 Minnesota Marketplace ---- 4 Program Recap -------------- 8 Connection Golf Tournament ------------ 10 Feature Article RECAP: by Jesseka Doherty , ICSC RECON Mid-America Real Estate – Minnesota LLC he annual ICSC ( International Council of Shopping main hub of the convention floor, which is where most retailers Centers ) RECon (Real Estate Convention) was recently have their booths. held from May 18-20, a new schedule from years’ past. Educational seminars are offered each day of the Typically, the convention schedule is held over two full days, convention. This year included “The Future of the Department Monday and Tuesday, and a half day on Wednesday. This Store,” “Essential Restaurant Fundamentals,” “Expanding the year it was decided to hold the half-day session on Sunday life of your asphalt pavements” rather than Wednesday. and “Retail Property Speculation is that the City of Redevelopment,” among Las Vegas wants attendees to fly several others. in earlier for a long weekend before the convention instead The day does not end when the of leaving right away Tuesday convention floor closes at 5p.m. night or Wednesday. The 2015 Landlords, developers, brokers, schedule has not been and many others host cocktail announced, but the general parties and dinner receptions consensus is to keep the half with as few as a dozen or as day on Wednesday or stick with many as a few thousand each just two full days. night. These are great opportunities to continue to For those not familiar with this network with industry global convention, it is held professionals and clients from every year in Las Vegas, NV in around the world whom you May the week leading up to Memorial weekend.
    [Show full text]
  • Issue: Shopping Malls Shopping Malls
    Issue: Shopping Malls Shopping Malls By: Sharon O’Malley Pub. Date: August 29, 2016 Access Date: October 1, 2021 DOI: 10.1177/237455680217.n1 Source URL: http://businessresearcher.sagepub.com/sbr-1775-100682-2747282/20160829/shopping-malls ©2021 SAGE Publishing, Inc. All Rights Reserved. ©2021 SAGE Publishing, Inc. All Rights Reserved. Can they survive in the 21st century? Executive Summary For one analyst, the opening of a new enclosed mall is akin to watching a dinosaur traversing the landscape: It’s something not seen anymore. Dozens of malls have closed since 2011, and one study predicts at least 15 percent of the country’s largest 1,052 malls could cease operations over the next decade. Retail analysts say threats to the mall range from the rise of e-commerce to the demise of the “anchor” department store. What’s more, traditional malls do not hold the same allure for today’s teens as they did for Baby Boomers in the 1960s and ’70s. For malls to remain relevant, developers are repositioning them into must-visit destinations that feature not only shopping but also attractions such as amusement parks or trendy restaurants. Many are experimenting with open-air town centers that create the feel of an urban experience by positioning upscale retailers alongside apartments, offices, parks and restaurants. Among the questions under debate: Can the traditional shopping mall survive? Is e-commerce killing the shopping mall? Do mall closures hurt the economy? Overview Minnesota’s Mall of America, largest in the U.S., includes a theme park, wedding chapel and other nonretail attractions in an attempt to draw patrons.
    [Show full text]
  • Food Halls — Eat, Drink and Experience
    INSIDE THIS ISSUE: OCTOBER 2018 Food Halls — Eat, Drink and Experience ..........................................1-2 Highlights of MSCA Over 30 Years.........................................................3 Minnesota Marketplace .....................................................................4-5 Rising Star: Restoration Hardware Outlet ...........................................5 Member Profiles ....................................................................................6 30 Year Anniversary Celebration........................................................... 7 Anniversary Trivia & What’s Hot/Not ....................................................8 Twitter Highlights ..................................................................................9 MSCA Leadership.................................................................................10 MSCA 2018 Schedule of Events ..........................................................11 Corporate Sponsors ............................................................................12 STARR Awards Corporate Tables .........................................................13 Enhancing Our Industry & Advancing Our Members FEATURE FOOD HALLS — EAT, DRINK ARTICLE AND EXPERIENCE by Lisa Diehl, DIEHL AND PARTNERS, LLC FOOD HALLS HAVE BEEN AROUND SINCE THE Food halls are expected to triple by 2020. [Food halls]... EARLY CENTURY AND STARTED IN THE UNITED feature stands KINGDOM OVER 100 YEARS AGO. They were a Several years ago ‘mini food halls’, smaller than 10,000 from high- large
    [Show full text]
  • Crossing Busy Streets
    Plymouth Square Park Northport e 3rd Ter NW 55th Ave McKenna 47th 1/2 v Wyn Ascot Ct 55th Ave A d Tioga Ct lvd I-35W 5 e Elem Ath Ave 55th Ave B C D ham E Tioga B F 5 v d th A 55 Park Ave NE Sailor La Old Osseo Rd C n Hilltop T W Canyon La E River Rd a e i 4th St x r w r e f E N v Park 3rd St NW o in Anoka 47th Ave NE 47th Ave NE 47th Ave NE G 47th Ave NE r o A Bellvue L d Bicentennial Ct r Lions Ave11th NW t n a 54th Ave County h H k p a Park North e e o Park g 46th 1/2 Ave NE W Charles HWY 100 r H i 2nd St NW Chatham Rd NE g B Riverfront r Knox Ave 2 W N 5th Ave NW o n N Girard Ave Thom Ct t e h 12th Ave NW Irving Ave d St Logan Ave l Brooklyn Blvd a James Ave Colfax Ave Bryant Ave v 53rd Pl L Penn Ave City Hall i D Fremont Ave t Oliver Ave Emerson Ave Perry d Twin M g Dupont Ave Queen Ave s e Lilac Dr Camden Ave Regional g 8 r h D R a Russell Ave Humboldt Ave 46th Ave NE 46th Ave NE 46th Ave NE t r t y Johnson St NE How many does it take to get from your e s i Park r w Newton Ave e Lake Park s D H 53rd Ave e Ivanhoe Pl NE H 53rd Ave N r Silver Lake Rd 14th Ave NW r r 15th Ave NW 16th Ave NW Polk St NE N 17th Ave NW d Main St NE e 1st St NW T 53rd Ave N v A l Tyler St NE s T home to your school? r E h o h Taylor St NE Keyes le y O D S Fillmore St NE h Mississippi River i o m in University Ave NE r g l Park B N 4th St l County Rd E e Minneapolis45th Ave 45th Ave NE Walkingvd RoutesCounty Rd E for Youth BROOKLYN 45th Ave NE 2nd St NE N 1 W 8th Ave NW Lakeside C E 32nd Ave NW 52nd Ave W r 4 e 8 52nd Ave N t 52nd Ave N L Tony Schmidt i Upton Ave N e h Park y n OK, nowt calculate how many miles your school is h n k George Hill & 2nd 1/2 St NE 44th 1/2 Ave NE d A Neighborhood Walking Route Stinson Blvd NE Shingle T d CENTER s A County Park Trac Signal o v r Bright Water a e v a MPS High Schools r 17th Ave SW l from your home.
    [Show full text]
  • February MSCA Newsletter(635).Pdf
    February 2008 Minnesota Shopping Center Association Vol 22. No 2 In this Issue No. Branch Mktplace - SNAPSHOT 1 Credit Crisis --- HOT SPOTS / COLD SNAPS 2 lucy -------------------- RISING STAR 3 Colianni / Moen ---- MEMBER PROFILES 5 MSCA Board ------ COMMITTEE PROFILE 5 Mpls Momentum -- PROGRAM RECAP 6 Connection Feature Guest Author: Dan McElroy, MN Dept of Employment & Economic Development Trends Look Promising for State Economy s commissioner of the On the other hand, the economy is continuing to grow. Minnesota Department of DEED’s employment data shows some important sectors are AEmployment and Economic performing well, including medical-device manufacturing, Development (DEED), I’ve visited insurance carrier operations, business services, tourism and with businesses throughout the some retail segments including general merchandise and state and reviewed some timely department stores. The national economy continues to data on Minnesota’s economy. grow. The Federal Reserve has lowered interest rates, Although there are short-term encouraging lending and boosting investor confidence. economic soft spots, businesses Minnesota manufacturers reported a relatively strong 2007, and the economic data suggest according to DEED’s recent Manufacturing Business that the Minnesota economy Conditions Survey. Significant employment and profit growth remains strong and vibrant. elude the industry, but increases in orders, productivity and 2007 Economic Review production levels appear to offset some of those effects. The big economic story of 2007 State manufacturers are also continuing to benefit from nationally and in Minnesota was increasing exports. Minnesota’s third quarter 2007 exports the loss of momentum in the housing market and the reached a record high with growth of nearly 12 percent resulting credit crunch.
    [Show full text]
  • Download Parking Guide
    Knox Ave S Lagoon Ave Lagoon The Mall The The Mall The W Lake St Lake W W 31st St 31st W James Ave S James Ave S James Ave S James Ave S James Ave S W 31st St 31st W W Lake St Lake W Lagoon Ave Lagoon Mall The The Mall The Irving Ave S Irving Ave S Irving Ave S Irving Ave S Irving Ave S W St 28th Lake of the Isles Pkwy E I rvi ng A ve W 31st St 31st W W Lake St Lake W S The Mall The The Mall The Lagoon Ave Lagoon Humboldt Ave S Humboldt Ave S W St 28th Humboldt Ave S Humboldt Ave S Humboldt Ave S Irving A ve S W St 25th Humboldt Ave S W St 26th W 31st St 31st W W Lake St Lake W Euclid Pl 27th St W St 27th Irving A Midtown Greenway ve S The Mall The The Mall The A ve S Holmes Ave S Holmes Ave S Ave Lagoon Irving IrvingA ve S Humboldt 28th St W St 28th A ve S W St 25th 26th St W St 26th W Lake St Lake W W 31st St 31st W Humboldt 27th St W St 27th A ve S Hennepin Ave S Hennepin Ave S Hennepin Ave S Hennepin Ave S Hennepin Ave S HumboldtA ve S HumboldtA ve S HumboldtA ve S HumboldtA ve S 28th St W St 28th 26th St W St 26th Hennepin Ave S W St 1/2 25 W 31st St 31st W W Lake St Lake W 25th St W St 25th Lagoon Ave Lagoon 22nd St W St 22nd 24th St W St 24th Hennepin Ave S GirardA ve S GirardA ve S GirardA ve S GirardA ve GirardA ve S GirardA ve S 28th St W St 28th GirardA ve S GirardA ve S 27th St W St 27th 25th St W St 25th Hennepin Ave S W St 24th Lagoon Ave Lagoon 22nd St W St 22nd 26th St W St 26th Fremont A ve S AFremont ve S FremontA ve S FremontA ve S FremontA ve S 28th St W St 28th Hennepin Ave S Van White Blvd (proposed) AFremont ve
    [Show full text]
  • Business Directory
    Business Directory 7 Steakhouse & Sushi 700 Hennepin Avenue Minneapolis, MN 55403 Phone: 612.238.7777 Fax: 612-746.1607 Website: http://7mpls.net/ We will provide a truly memorable dining experience through serving fresh, innovative, healthy foods using only the finest ingredients paired with professional and friendly service. Seven Steakhouse embodies the classic American steakhouse with a renewed elegance. Guests delight in our careful selection of choice steak, fresh seafood, and the near intimidating selection of wine from our two-story cellar. Seven Sushi is well known for imaginative creations as well as classic favorites, contemporary sushi with new wave Asian inspired dishes. With a modern warm atmosphere, Seven is perfect for special occasions, business affairs, or just a night out. 8th Street Grill 800 Marquette Avenue Minneapolis, MN 55402 Phone: 612.349.5717 Fax: 612.349.5727 Website: www.8thstreetgrillmn.com Lunch and dinner served daily. Full bar, patio seating and free Wi-Fi available to guests. Kitchen open until 1:00am Monday through Saturday and 10:00pm Sundays. Breakfast served Saturday and Sunday mornings. Above The Falls Sports 120 North 3rd Avenue Minneapolis, MN 55401 Phone: 612.825.8983 Fax: 612.822.5352 Website: www.abovethefallssports.com Mississippi Adventures with ATFS Group Kayak Tours. Daytime, evening, night time, luncheon, supper and fireworks options available. Don't miss this opportunity to experience Mark Twain's Mississippi River, one of the world's great waterways! Paddling the river you'll take away a whole new perspective of Minneapolis, its natural and historical significance. Wonderful way to learn about the City by Nature! AC Hotel by Marriott 401 Hennepin Ave.
    [Show full text]
  • NORTHTOWN MALL MASTER LAND USE & REDEVELOPMENT/ REVITALIZATION PLAN June 18 City of Blaine Minnesota 20 Proposal for RFP for Northtown Mall Plan
    NORTHTOWN MALL MASTER LAND USE & REDEVELOPMENT/ REVITALIZATION PLAN June 18 City of Blaine Minnesota 20 Proposal for RFP for Northtown Mall Plan / Gensler/ SEH NORTHTOWN 21 MALL County Road 10 University Ave 85th Ave NW NORTHTOWN MALL PLANNING AREA Dear Ms. Johnson, June 18, 2021 Damon Farber appreciates this opportunity to submit a proposal for the preparation of a Master Land Use and LORI JOHNSON Redevelopment/Revitalization Plan for the study area City Planner identified around the Northtown Mall. Although, the City of Blaine recent announcement of Washington Prime Groups’ 10801 Town Square Drive NE bankruptcy may seem concerning, it also affords an Blaine, MN 55449 opportunity. We believe Northtown Mall and the University Avenue and County Road 10 corridors provide [email protected] a tremendous opportunity to create a forward-thinking, 21st century approach to community design. Once Project Understanding bustling retail centers like Northtown are undergoing 01 massive changes that require holistic thinking about Project Approach/Work Plan how these community destinations can be transformed 02 into a more relevant asset for its owner, for the citizens of Blaine and for the market area it serves. All systems 03 Schedule — environmental, social, economic, physical — need to be considered together. The evolution of the mall 04 Fee/Budget from a purely retail environment to a more walkable and bikeable, fine-grained mix of uses — including housing, Project Team health and wellness facilities and places to gather — 05 served by a variety of mobility modes and seamlessly Project Experience integrating sustainable principles into its design, can 06 become a model for adaptive reuse in a quickly evolving 07 References world.
    [Show full text]
  • Maplewood North End Market Study
    MAPLEWOOD NORTH END MARKET STUDY Prepared for: Prepared by: City of Maplewood, MN Perkins+Will, Inc. June 2018 TABLE OF CONTENTS Table of Contents ........................................................................................................................................... i Executive Summary ....................................................................................................................................... ii Introduction .................................................................................................................................................. 1 Study Area Analysis ....................................................................................................................................... 2 Socio-Economic Analysis ............................................................................................................................... 8 Housing Market ........................................................................................................................................... 18 Retail Market .............................................................................................................................................. 30 Office Market .............................................................................................................................................. 38 Medical Office ............................................................................................................................................. 44 Planned
    [Show full text]
  • Store # State City Mall/Shopping Center Name Address Date 2918
    Store # State City Mall/Shopping Center Name Address Date 2918 AL ALABASTER COLONIAL PROMENADE 340 S COLONIAL DR Coming Soon in September 2016! 2218 AL HOOVER RIVERCHASE GALLERIA 2300 RIVERCHASE GALLERIA Coming Soon in September 2016! 2131 AL HUNTSVILLE MADISON SQUARE 5901 UNIVERSITY DR Coming Soon in September 2016! 219 AL MOBILE BEL AIR MALL MOBILE, AL 36606-3411 Coming Soon in September 2016! 2840 AL MONTGOMERY EASTDALE MALL MONTGOMERY, AL 36117-2154 Coming Soon in September 2016! 2956 AL PRATTVILLE HIGH POINT TOWN CENTER PRATTVILLE, AL 36066-6542 Coming Soon in September 2016! 2875 AL SPANISH FORT SPANISH FORT TOWN CENTER 22500 TOWN CENTER AVE Coming Soon in September 2016! 2869 AL TRUSSVILLE TUTWILER FARM 5060 PINNACLE SQ Coming Soon in September 2016! 2709 AR FAYETTEVILLE NW ARKANSAS MALL 4201 N SHILOH DR Coming Soon in September 2016! 1961 AR FORT SMITH CENTRAL MALL 5111 ROGERS AVE Coming Soon in September 2016! 2914 AR LITTLE ROCK SHACKLEFORD CROSSING 2600 S SHACKLEFORD RD Coming Soon in July 2016! 663 AR NORTH LITTLE ROCK MC CAIN SHOPPING CENTER 3929 MCCAIN BLVD STE 500 Coming Soon in July 2016! 2879 AR ROGERS PINNACLE HLLS PROMDE 2202 BELLVIEW RD Coming Soon in September 2016! 2936 AZ CASA GRANDE PROMNDE AT CASA GRANDE 1041 N PROMENADE PKWY Coming Soon in September 2016! 157 AZ CHANDLER MILL CROSSING 2180 S GILBERT RD Coming Soon in September 2016! 251 AZ GLENDALE ARROWHEAD TOWNE CENTER 7750 W ARROWHEAD TOWNE CENTER Coming Soon in September 2016! 2842 AZ GOODYEAR PALM VALLEY CORNERST 13333 W MCDOWELL RD Coming Soon in September
    [Show full text]
  • January MSCA Backup12.40
    2006 Corporate Sponsors American Engineering Testing, Inc. The Avalon Group Barna, Guzy & Steffen, Ltd. news Bremer Bank, N.A. CB Richard Ellis Volume 20, Number 1 January 2006 CSM Corporation Cambridge Commercial Realty Colliers Feature The Collyard Group, L.L.C. What Every Real Estate Professional Should Dalbec Roofing Know About New Market Tax Credits Fantastic Sams General Growth Properties, Inc. by Tony Pasko, Bremer Bank, N.A. Great Clips, Inc. hat if you could borrow 100% of the New Market Tax Credits (NMTC) came into Griffin Companies cost of developing or substantially being in December of 2000 as part of the renovating your new shopping Community Renewal Tax Relief Act of 2000. H.J. Development, Inc. W center project, only pay debt service on 70% These tax credits are intended to stimulate J.E. Dunn – North Central and have the government pay a return on the investment in “low income communities” as Jones Lang LaSalle remaining 30%? While it may take some time defined by census data. While NMTC’s are and effort, New Market Tax Credits can help directed at businesses, many commercial KKE Architects, Inc. you do just that. Landform Tax Credits continued on page 2 Larkin Hoffman Daly & Lindgren Ltd. M & I Bank Madison Marquette Snapshot Messerli & Kramer, P.A. Shops at Plymouth Creek – Lot 5 Midwest Maintenance & Mechanical, Inc. Location: Southwest Corner of Project Morcon Construction Entrance at Hwy 55 and Vicksburg, Plymouth Northstar Partners/Cushman & Wakefield Month/Year to Open: Under Construction. Oppidan, Inc. Anticipated Tenant Delivery: April ‘06 Opus Northwest LLC Lot 5 Ownership: Plymouth Creek PCL Construction Ventures, LLC Park Midwest Commercial Real Estate Underlying Owner: CSM Corporation Paster Enterprises, LLC Lot 5 Developer & Managing Partner: RLK Incorporated Mosborg Ventures, LLC RSM McGladrey, Inc.
    [Show full text]