Category Archives: Retail

New Report Builds on Recent GenY Program

Leanne Lachman, recent keynote speaker at the ULI St. Louis program “Generation Y: What Kind of Real Estate Do They Really Want?” co-authored a new report, again focusing on the unique habits of this powerful demographic. Generation Y: Shopping and Entertainment in the Digital Age Despite being far more tech-savvy than previous generations, Generation Y, the 80-million strong cohort of Americans between the ages of 18 and 35, has not forsaken shopping in stores for online purchasing – as long as retailers keep their offerings “fresh” and interesting, says a new ULI … Read More

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ULI Publishes TAP Report for Ferguson and Cool Valley

At the invitation of the cities of Ferguson and Cool Valley, Missouri, ULI St. Louis was hired for form a Technical Assistance Panel to address further development along the Florissant Road corridor, the primary commercial corridor running through both municipalities. With a vested interest in the prosperity of the corridor, the cities share a common vision for the corridor that includes additional commercial activity along the route as well as additional residential units to support the businesses and facilitate growth in the corridor. ULI members from a variety of disciplines … Read More

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Spinnaker Revives High-Profile Downtown District

At a time when development seems limited to small‐scale, one‐building projects, the northern core of downtown is witnessing a transformation of impressive scale. Just one year ago, visitors to the St. Louis Convention Center and commuters using the 8th & Convention MetroLink station were struck by the looming empty buildings and ominous pedestrian bridge covering Washington Avenue. Stix Baer and Fuller had moved on and St. Louis Center had failed. Empty buildings remained and revitalization seemed unattainable. Spinnaker St. Louis, a private developer led locally by ULI member Amos Harris, … Read More

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Retail Outlook – A local take on a national discussion

Many are looking to the retail sector – trying to determine what’s next. In a recent Urban Land article, several commercial/retail development experts discussed the sector, examining the near‐term prospects for development and financing, strategies for making retail centers thrive, and the impact of online retailers and social media. One of the questions posed by Urban Land hit the issue straight on: “What are the prospects for retail centers in the next few years?” Jodie McLean, president and chief investment officer of Edens & Avant of Columbia, South Carolina, had … Read More

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