LAS VEGAS—Retail is not standing alone as much anymore. Rather, it is now being supported and organized in a way that seamlessly integrates residential and office to build a community. Those thoughts are according to Kevin Zak, a principal at Dorsky + Yue, who recently chatted with GlobeSt.com about all things retail surrounding the recent ICSC RECon event here in Las Vegas.

According to Zak, this willingness to integrate other uses is driven by the desire to create a sustainable and established planning approach that creates a memorable experience for communities.

“With a diverse portfolio of work spanning from shopping centers to hospitality, offices and residential throughout the country, we are seeing this evolution first hand. A prime example of this is the work we have done in New York at the Shops of Nanuet for Simon Property Group,” he says. “We took an underperforming mall and transformed it into an open-air lifestyle center flourishing due to a sound relationship with the community.”

There are opportunities for underperforming developments without having to build a whole new city, he continues. “It may be needed in some cases, but others, it can be created through engagement with the community through the architecture and public space.”

Another trend Zak is seeing is essentially building a street life beyond store operating hours. “As a result, different tenants are taking different spaces, and we are working with a greater variety of tenants,” he says. “The food hall concept is a perfect representation of this as they are emerging as robust, central figures in the retail environments that are serving as a great support for retailers.”

Zak expects that going forward, we will continue to see an evolution of how retailers are serving the community. “Where there are vacancies, there will be opportunities to repurpose that did not exist before,” he tells GlobeSt.com. “Companies succeeding architecturally are creating social spaces tailored to their local community where people want to come to hang out.”

Local retailers, restaurants and even national chains are creating unique shopping experiences by infusing more of the local feel and flair into its architecture, he continues. “We are seeing an increase in social eating experiences being created, like food halls, which in many cases, are becoming the heart of shopping centers and repeat destinations for experience-driven people to socialize and meet up.”

A solution that has been discussed in the past year or so that is now becoming a trend, according

to Zak, is seeing quick pick up locations for online orders implemented into retail and grocery

stores. That, he adds, is changing the way his company plans and designs retail centers.

“Consumers are looking for the conveniences that retail environments offer to be infused into

their everyday lives, including shopping center concierge services, which allow you to continue shopping without your bags and have valet place them in your car when finished. Services like Instacart and Google Express are changing the way people shop offering curbside or even home delivery, and we are adjusting designs to allow this to be seamlessly integrated into the architecture.”

For other thoughts from experts who attended the ICSC RECon event here in Las Vegas and to learn more about panel coverage from the event, check out the articles below.

LAS VEGAS—Retail is not standing alone as much anymore. Rather, it is now being supported and organized in a way that seamlessly integrates residential and office to build a community. Those thoughts are according to Kevin Zak, a principal at Dorsky + Yue, who recently chatted with GlobeSt.com about all things retail surrounding the recent ICSC RECon event here in Las Vegas.

According to Zak, this willingness to integrate other uses is driven by the desire to create a sustainable and established planning approach that creates a memorable experience for communities.

“With a diverse portfolio of work spanning from shopping centers to hospitality, offices and residential throughout the country, we are seeing this evolution first hand. A prime example of this is the work we have done in New York at the Shops of Nanuet for Simon Property Group,” he says. “We took an underperforming mall and transformed it into an open-air lifestyle center flourishing due to a sound relationship with the community.”

There are opportunities for underperforming developments without having to build a whole new city, he continues. “It may be needed in some cases, but others, it can be created through engagement with the community through the architecture and public space.”

Another trend Zak is seeing is essentially building a street life beyond store operating hours. “As a result, different tenants are taking different spaces, and we are working with a greater variety of tenants,” he says. “The food hall concept is a perfect representation of this as they are emerging as robust, central figures in the retail environments that are serving as a great support for retailers.”

Zak expects that going forward, we will continue to see an evolution of how retailers are serving the community. “Where there are vacancies, there will be opportunities to repurpose that did not exist before,” he tells GlobeSt.com. “Companies succeeding architecturally are creating social spaces tailored to their local community where people want to come to hang out.”

Local retailers, restaurants and even national chains are creating unique shopping experiences by infusing more of the local feel and flair into its architecture, he continues. “We are seeing an increase in social eating experiences being created, like food halls, which in many cases, are becoming the heart of shopping centers and repeat destinations for experience-driven people to socialize and meet up.”

A solution that has been discussed in the past year or so that is now becoming a trend, according

to Zak, is seeing quick pick up locations for online orders implemented into retail and grocery

stores. That, he adds, is changing the way his company plans and designs retail centers.

“Consumers are looking for the conveniences that retail environments offer to be infused into

their everyday lives, including shopping center concierge services, which allow you to continue shopping without your bags and have valet place them in your car when finished. Services like Instacart and Google Express are changing the way people shop offering curbside or even home delivery, and we are adjusting designs to allow this to be seamlessly integrated into the architecture.”

For other thoughts from experts who attended the ICSC RECon event here in Las Vegas and to learn more about panel coverage from the event, check out the articles below.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.

nataliedolce

Just another ALM site