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
Transportation & Parking Facilities | Mar 23, 2023
Amsterdam debuts underwater bicycle parking facility that can accommodate over 4,000 bikes
In February, Amsterdam saw the opening of a new underwater bicycle parking facility. Located in the heart of the city—next to Amsterdam Central Station and under the river IJ (Amsterdam’s waterfront)—the facility, dubbed IJboulevard, has parking spots for over 4,000 bicycles, freeing up space on the street.
Healthcare Facilities | Mar 22, 2023
New Jersey’s new surgical tower features state’s first intraoperative MRI system
Hackensack (N.J.) University Medical Center recently opened its 530,000-sf Helena Theurer Pavilion, a nine-story surgical and intensive care tower designed by RSC Architects and Page. The county’s first hospital, Hackensack University Medical Center, a 781-bed nonprofit teaching and research hospital, was founded in 1888.
Project + Process Innovation | Mar 22, 2023
Onsite prefabrication for healthcare construction: It's more than a process, it's a partnership
Prefabrication can help project teams navigate an uncertain market. GBBN's Mickey LeRoy, AIA, ACHA, LEED AP, explains the difference between onsite and offsite prefabrication methods for healthcare construction projects.
Women in Design+Construction | Mar 21, 2023
Two leading women in construction events unite in 2023
The new Women in Residential + Commercial Construction Conference (WIR+CC) will take place in Nashville, Tenn., October 25-27, 2023. Combining these two long-standing events aligns with our mission to create an event most impactful for women in the $1.4 trillion U.S. commercial and residential design and construction industry.
Mass Timber | Mar 19, 2023
A 100% mass timber construction project is under way in North Carolina
An office building 100% made from mass timber has started construction within the Live Oak Bank campus in Wilmington, N.C. The 67,000-sf structure, a joint building venture between the GCs Swinerton and Wilmington-headquartered Monteith Construction, is scheduled for completion in early 2024.
Sports and Recreational Facilities | Mar 17, 2023
Aurora, Colo., recreation center features city’s first indoor field house, unobstructed views of the Rocky Mountains
In January, design firm Populous and the City of Aurora, Colo. marked the opening of the Southeast Aurora Recreation Center and Fieldhouse. The 77,000-sf facility draws design inspiration from the nearby Rocky Mountains. With natural Douglas Fir structure and decking, the building aims to mimic the geography of a canyon.
Architects | Mar 16, 2023
HKS launches partner diversity program to create a more diverse workforce and partnership network
Design firm HKS has launched a new partner diversity program that will work to build a more diverse AEC ecosystem. The HKS xBE program will give xBE firms (a term encompassing all disadvantaged businesses) and their members “access to opportunities to build relationships, pursue new work, and bolster innovation within the architecture and design professions,” according to HKS.
Sustainability | Mar 16, 2023
Lack of standards for carbon accounting hamper emissions reduction
A lack of universally accepted standards for collecting, managing, and storing greenhouse gas emissions data (i.e., carbon accounting) is holding back carbon reduction efforts, according to an essay published by the Rocky Mountain Institute.
Sports and Recreational Facilities | Mar 15, 2023
Georgia State University Convocation Center revitalizes long-neglected Atlanta neighborhood
Georgia State University’s new Convocation Center doubles the arena it replaces and is expected to give a shot in the arm to a long-neglected Atlanta neighborhood. The new 200,000 sf multi-use venue in the Summerhill area of Atlanta is the new home for the university’s men’s and women’s basketball teams and will also be used for large-scale academic and community events.
Sponsored | Cladding and Facade Systems | Mar 15, 2023
Metal cladding trends and innovations
Metal cladding is on a growth trajectory globally. This is reflected in rising demand for rainscreen cladding and architectural metal coatings. This course covers the latest trends and innovations in the metal cladding market.
