Retail rentals and occupancy are finally on the rise after a long stretch in the doldrums, according to Jones Lang LaSalle Retail Group (www.BDCnetwork.com/JLLRetail). Progress is slow, and glamorous projects are still few and far between, at least in North America. But some prestige work has recently been done, such as the 100,000-sf CUBES development—created by Shawmut and Equity Office Properties to bring needed retail space to an underserved section of Manhattan.
Katie Sprague, Senior Vice President in the Los Angeles office of RTKL, pinpoints vertical shopping developments, open-air retail zones, “slow-food” dining, interactive retail, and development in emerging markets as worldwide trends (http://bit.ly/13j8L9B). In particular, merchants are adding convenience features, including scan-it-yourself technologies, touch-screen kiosks, and hand-held checkout devices for store staff.
MJ Munsell, IIDA, Principal and Retail Market Design Leader at MulvannyG2, says consumers’ use of apps such as Pinterest is shaping ideas about personal branding; perhaps dressing room lighting, color schemes, and sound will become customizable at the touch of a screen.
TOP RETAIL ARCHITECTURE FIRMS
Company 2012 Retail Revenue ($)1 Callison $99,528,7412 Stantec $89,657,8783 Gensler $88,360,0004 MulvannyG2 Architecture $70,792,7505 RTKL Associates $61,225,0006 RSP Architects $39,327,0007 WD Partners $37,000,0008 MBH Architects $34,095,0009 Perkowitz+Ruth Architects $23,729,54710 Little $20,411,914
TOP RETAIL ENGINEERING FIRMS
Company 2012 Retail Revenue ($)1 Jacobs Engineering Group $146,400,0002 AECOM Technology Corp. $118,220,0003 Henderson Engineers $44,677,2994 URS Corp. $41,152,2405 Parsons Brinckerhoff $19,100,0006 Wiss, Janney, Elstner Associates $17,310,0007 Bergmann Associates $13,000,0008 Wallace Engineering $9,250,0009 Buro Happold Consulting Engineers $7,176,00010 Arup $6,574,122
TOP RETAIL CONSTRUCTION FIRMS
Company 2012 Retail Revenue ($)1 Shawmut Design and Construction $314,900,0002 Whiting-Turner Contracting Co., The $307,373,1823 PCL Construction Enterprises $216,819,4944 Lend Lease $214,921,0005 Turner Corporation, The $201,890,0006 EMJ $200,300,0007 Power Construction $116,000,0008 Weitz Co., The $115,314,2169 Structure Tone $105,052,00010 Ryan Companies US $103,001,644
Figuring out how to deal with competition from online stores is a pressing concern for traditional retailers and the AEC firms that serve them. “We’re going to see a big rethinking of how retailers do their distribution,” predicts Omid Nabipoor, President of Interface Engineering. “Amazon has announced that they’re going to do more food and grocery distribution, and has a lot of grocers considering how they’re going to compete with that. How will they deal with distribution? How will they deliver in a day, as Amazon is promising?” Retail facility upgrades may be one response; development of new models for distribution centers may be another.
Some retailers are creating space for entertainment or classes to make the store a more compelling destination—always a popular tactic in home centers but now increasingly common in grocery, sporting goods, and tech stores. Chain restaurants represent another bright spot in the sector, with pent-up demand attributable to prior expansion delays, according to Thomas Goemaat, President/CEO of Shawmut. “Based on our backlog, we expect this trend to continue for the foreseeable future,” he says.
Read full 2013 Giants 300 Report
Related Stories
Contractors | May 24, 2023
The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of April 2023
Contractor backlogs climbed slightly in April, from a seven-month low the previous month, according to Associated Builders and Contractors.
Mass Timber | May 23, 2023
Luxury farm resort uses CLT framing and geothermal system to boost sustainability
Construction was recently completed on a 325-acre luxury farm resort in Franklin, Tenn., that is dedicated to agricultural innovation and sustainable, productive land use. With sustainability a key goal, The Inn and Spa at Southall was built with cross-laminated and heavy timber, and a geothermal variant refrigerant flow (VRF) heating and cooling system.
Architects | May 23, 2023
DEI initiatives at KAI Enterprises, with Michael Kennedy, Jr. and Gyasi Haynes
Michael Kennedy, Jr. and Gyasi Haynes of KAI Enterprises, St. Louis, describe their firm's effort to create a culture of diversity, equity, and inclusion—and how their own experiences as black men in the design and construction industry shaped that initiative.
Multifamily Housing | May 23, 2023
One out of three office buildings in largest U.S. cities are suitable for residential conversion
Roughly one in three office buildings in the largest U.S. cities are well suited to be converted to multifamily residential properties, according to a study by global real estate firm Avison Young. Some 6,206 buildings across 10 U.S. cities present viable opportunities for conversion to residential use.
Architects | May 23, 2023
Ware Malcomb hires Francisco Perez-Azua as Director, Interior Architecture & Design, in its Miami office
Ware Malcomb hires Francisco Perez-Azua as Director, Interior Architecture & Design, in its Miami office.
K-12 Schools | May 22, 2023
The revival of single-building K-12 schools
Schools that combine grades PK through 12 are suddenly not so uncommon. Education sector experts explain why.
Architects | May 19, 2023
Snøhetta architects make a bid to unionize the firm's New York studio
Employees at the New York office of architecture firm Snøhetta have filed a petition with the National Labor Relations Board (NLRB) to unionize the studio. Snøhetta employees’ action marks the third time architects at a private-sector architecture studio in the U.S. took that step.
Healthcare Facilities | May 19, 2023
A new behavioral health facility in California targets net zero energy
Shortly before Mental Health Awareness Month in May, development and construction firm Skanska announced the topping out of California’s first behavioral health facility—and the largest in the nation—to target net zero energy. Located in Redwood City, San Mateo County, Calif., the 77,610-sf Cordilleras Health System Replacement Project is slated for completion in late 2024.
Government Buildings | May 18, 2023
GSA launches first biennial construction award program
Today, the U.S. General Services Administration (GSA) announced the new biennial GSA Construction Award program, which is seeking submissions this summer. The program was created to honor outstanding achievements in construction, with a focus on quality and craftsmanship, collaboration and team dynamics, sustainability, innovation, and technology. The first Construction Awards ceremony will take place in 2024.
K-12 Schools | May 17, 2023
Designing K-12 schools for students and safety
While bullying, mental health, and other acts of violence are all too common in schools today, designers have shown that smart and subtle preventive steps can make a big difference. Clark Nexsen’s Becky Brady shares how prevention and taking action at the design level can create safe and engaging learning environments.
