jhuston wrote:Bob, you sound like you'd make a great landlord, you know the type...
get in, bring it up to code, get a few renters maybe a few section 8's,
invest minimal amounts in basic maintainance, remove that landscaping
that would otherwise necessitate regular maintanance you'd rather not put any money in.
Anyway, I certainly didn't suggest that parking lots were evil and I sure didn't say I would stop doing business at retail centers which didn't buy into my high level aesthetics improvement ideas.
The fact is what I'm suggesting is no more original than it is unconventional. It is already being employed in newer small retail centers, along with renovation projects. Water elements, public art, open spaces conducive to pedestrian movement/congregating. Check out Spring Ridge Plaza at 180th and Pacific... even Westridge at 132nd and Dodge has significantly transformed itself to introduce a more pedestrian friendly atmosphere. Of course just about every new small retail center includes these elements... Shops at Lakeside, Legacy Village, Tivoli, etc, etc.
My wife and I enjoy finding an inviting little enclave in otherwise barren
concrete settings such as this. I don't expect that we're alone... and given the general move by developers to make these otherwise bland 'get in and out' retail centers more visually appealing and inviting from curb to door... they obviously are seeing something that wasn't given attention in the past as well.
Well, gee Jeff, you know me so well. After all, we've met face to face twice and all.
The point I was trying to make was that those extra features need to make economic sense. IF a water feature or upgraded landscaping is projected to bring a return, THEN by all means of course put it in. On the other hand, if renovating the exterior of the mall makes it more competitive then that is the best course.
I COULD say that between Jeff and I there is exactly ONE person who has actually owned property, and that person actually DID improve the property, and that person actually DID ADD landscaping, all the while having that dreaded PROFIT MOTIVE in mind, WHO would you guess that person would be? You know, its funny. JoeMoney used to accuse me of being a slumlord. He didn't know me or my business any better than Jeff.
The malls you mentioned as having more aesthetically pleasing landscaping are doing it because they are commanding significantly higher rents. Its all market driven. I am not saying there is no place for such things. I AM saying that it make economic sense.
But then again, I am just a slumlord. Right Jeff? Because you know me so well.
How's the view from up there?