Development Magazine Summer 2013

Development - Ownership

nested and deployed culture shed in New York City

Adaptable Architecture 

If cities are in a constant state of flux, shouldn’t the built environment flex along with them? It turns out that adaptable architecture might be more prevalent than we think. Concepts from New York and London illustrate that semipermanent structures present viable options for housing, as well as temporary and ad hoc activities, from art exhibits to sporting events.

CityCenterDC under construction

CityCenterDC - A New Focal Point for Downtown Washington, D.C. 

Against the backdrop of the Great Recession, Hines creates a $1 billion pedestrian-friendly, mixed-use complex on 10 acres in downtown Washington’s commercial, cultural, arts, and entertainment epicenter.

Belle Meade Town Center in Nashville

High-Density Development Strategies for More Sustainable Growth 

As cities around the world deal with population booms, governments, civic groups, developers, and research organizations have turned their attention to the idea of counteracting suburban expansion with targeted, concentrated urban development, marked by mid- to high-rise multi-tenant buildings with structured or centrally-located parking.

man monitoring electrical systems in a building

How to Manage “Green Fatigue” 

Businesses and consumers are inundated with “green,” whether watching TV or going to the car wash. It’s enough to force many to simply tune-out, ignoring calls for lower carbon footprints, recycling, and driving less. So what does this mean for commercial building owners?

 First Chino logistics centerand two employees of First Industrial

Investing for Recovery in Logistics-Driven Industrial Demand 

The industrial market continues its recovery nationwide, driven by tenant demand for more space to accommodate growth and the need for more efficient locations and buildings to reduce costs. According to the most recent NAIOP Industrial Space Demand Forecast, “the U.S. industrial market is poised for significant growth, with annual net absorption forecast to reach 150 million and 175 million square feet in 2013 and 2014 respectively.”

businessman riding a bike through the city

Luxury Apartments Cater to Cyclists 

In an era of hypertechnology, Opus Development Corporation is doing its best to enable future residents of a luxury residential building, now going up in downtown Minneapolis, to use foot power to access the city’s office towers, shopping, and parks — and to reconnect with the environment and each other.

exterior view of BioTech Place in Winston Salem

New Uses for Vintage Warehouses 

Old warehouses are excellent candidates for adaptive reuse, especially those that are well located and eligible for historic tax credits.

Palm Plaza at Westfields

Perseverance Transforms an Open-air Mall to Retail as Resort 

Despite roadblocks over ten years, including community opposition, environmental concerns, and the economy, Westfield delivers a unique retail complex offering a resort-like experience.

data center

Want to Adapt an Older Building into a Data Center? Nine Considerations 

Tim Huffman, executive vice president, national director, Technology Solutions Group at Colliers International, gets about a call a day from a developer-owner that has an older building with a good power supply and floors capable of supporting significant weight. The developer-owner has heard that the data center business is thriving and wants to convert his building.

From the Archives: Development Ownership Articles from the Previous Issue

exterior of the Coca-Cola building

A Case Study in Sustainable Distribution Center Design 

Over the last decade, sustainable design has gone from catchphrase to prerequisite for property and building owners across the country. The U.S. Green Building Council (USGBC) Leadership in Energy and Environmental Design (LEED) rating system has effectively promoted sustainability across the office, educational and municipal landscapes. But for warehouse and distribution centers, implementation has been more challenging.

Phase IV of the Amazon campus

Amazon Stays True to the Urban Grid teamed with Vulcan Real Estate to build an urban office campus, enhancing the resurgence of a downtown neighborhood. (Amazon), one of Seattle’s most recognized companies, had been expanding in multiple office buildings, throughout various Seattle neighborhoods. It soon became apparent that the disparate locations of employees and work groups was inefficient. Amazon looked for a solution that would allow it to consolidate and expand in a single location. Rather than follow the path taken by many other tech companies, Amazon elected to stay in the city instead of relocating to the suburbs.