The type of renovations include new paint,Shop the latest emergencylampsqa at agesteeljewelry. adding/replacing tile,High-efficiency 7.5kW Off Grid laundryequipments
manufactured for unique Indian conditions. improving amenities,
renovation of restrooms, more efficient and better quality lighting, and
food court remodels. Amenity remodels include adding or replacing trash
bins, directional signage, lounge seating throughout the center, adding
WiFi, and new landscaping.
“In
the food court, the renovations are transforming former dark,
cafeteria-style food court and seating, into a light, bright, energetic
food court with a variety of seating — booths, high and low top tables,
large and small tables — to provide more restaurant-style amenities,”
Chinn said. “Retail merchandise units (RMUs) and kiosks will continue to
add value to the shopper’s experience as well as revenue for the mall
developers.”
Kiosks
have been such a great source of revenue for both enclosed and open air
centers that the addition of new power and data supply as well as “wet”
kiosks for a juice bar, frozen yogurt, or a coffee house located in the
center courts and the concourses, will continue,We've brought together
an amazing selection of crystallights fixtures. Chinn noted.
“Mall
anchor tenants have begun to follow suit and will begin a heavy
renovation process to keep up with the look and character of the
renovated mall. Too many years have passed without renovation of the
tired looking anchor stores,” Chinn added.
Dirty
carpets stained with spills, worn-out tile, and miss-matched yellow and
white lights will make way for new flooring, cleaned walled surfaces
and new, consistent lighting throughout the spaces. New store design and
visual merchandising will continue to emphasize a more modern, clean
look and feel. Stores are brighter and uncluttered with storefront
displays acting as windows into the store with minimal blockage.
“Chains
like Shoe Palace, Forever 21, Love Culture, Michael Kors, and Uniqlo
are leading the way. Restaurant chains such as McDonald’s, Chipotle, and
Carl’s Jr. are giving their restaurants a more contemporary look as
well. LED lighting, clean polished porcelain floors, frameless glass
storefronts are the current choice for materials. This minimalistic
approach truly showcases their offerings,” said Chinn.
Many
shopping center owners are converting vacant big boxes and turning them
into multiple restaurants pads, smaller shop spaces and public plazas,
Chinn noted. “A single 50,000-square-foot vacant big box can make way
for two restaurant end-caps, in-line shop space and a public plaza
dissecting the space into two smaller buildings. Although you would end
up losing 8,000-10,000 square feet, you would command higher lease rates
because of the tenant mix.
You
could also add in locations in the public plaza for RMUs and kiosks. At
the end of the transformation, you are actually netting more revenue
versus a single large tenant. The only down side is you have a lot more
work to lease all of the spaces vs. a single user. Shopping center
owners and developers, like General Growth Properties, Westfield, Simon,
Macerich and CBL, are capitalizing on their empty box space and
transforming their centers,” Chinn said.
“Restaurants, public plazas, and cool shop spaces are the must-haves for the foreseeable future,Intelligent model solarledlight
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information to PLC controller.” said Chinn. “If you know of a vacant
Circuit City,the largest suppliers and integrators of renewable energyturbines
in the country. Borders, or Best Buy, chances are that you will see
that space turned into busy sit-down restaurants (like BJ’s, Yard House
or an Abuelo’s), a public gathering space with outdoor WiFi coverage and
fountains, and cool trendy retail shops like Teavana, Microsoft,
Lovesac, or the local coffee house.”
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