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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 .
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