The Resurgence of Retail ConstructionNov 11 2014 · 0 comments · Nishkian Chamberlain, Retail / Commercial ·0
Almost everywhere we look, it seems an older, outdated shopping mall is undergoing a substantial commercial construction renovation. In the Los Angeles area alone, there are probably close to a dozen local and regional shopping malls in the middle of a shopping center renovation project, or slated to begin one in the very near future.
Del Amo Fashion Center located in Torrance, California is in the midst of a major redevelopment which includes the construction of brand new Patio Cafes in the heart of the shopping center, near the central Macy’s store.
Westfield currently has two significant Los Angeles area projects underway.
The scaled-down, suburban “mixed-use” development known as the Village at Westfield Topanga consists of restaurants, a gas station, and stores. The project aims to be less soul-sucking than most Valley shopping experiences by adding outdoor features and lots of trees. The combination of Westfield Topanga and The Village will become one of the most significant shopping and lifestyle destinations in the country encompassing 2.7 million square feet of retail space with sales expected to exceed $1 billion annually.
Westfield Century City will redefine modern living and shopping in Los Angeles. The redevelopment includes more than 100 new premium specialty retail shops and dining options, more parking, a new central plaza and more open space with attractive walkways and convenient pedestrian access. Area: 1.2 million sq.ft.
All of this commercial construction activity is taking place because smart owners and retail investors realize they need to refresh, rebrand and reimage the shopping experience to be competitive in the future. Lifestyle centers and power centers may have been the big play in the last major round of retail construction, but as ground-up shopping center construction projects are still seen as a risky endeavor, the surviving traditional shopping centers are capitalizing on the improving retail market to initiate these commercial construction renovations to make them vital once again.
There are a lot of reasons for this shopping center construction renaissance, but the main catalyst is national retailers that survived the downturn are beginning to flex their muscles a little more today and find well-located retail space at favorable rents. This has emboldened them to not only take on new long-term leases, but also expand the footprint of their traditional retail space.
To meet this demand, owners of older shopping malls often have to reconfigure their current space and commit to updating their product to try and beat competitors. It’s an exciting time and the retail construction industry is poised to help breathe new life into existing shopping centers with new shopping center construction projects.
Of course, all of this commercial construction activity has been a boon to our industry. Architects, engineers and commercial construction general contractors are all receiving a boost from these shopping center renovation projects.
Nishkian Chamberlain is currently working collaboratively with architectural groups on retail renovation projects to deliver attractive innovative experiences while assisting retailers in their desires to increase traffic and to encourage repeat business from valuable customers.
The Westgate Center located in San Jose, CA is currently under construction and scheduled to be completed for the 2014 Holiday shopping season. Long spanning open web trusses, steel beams and columns are being utilized to support the roofs of the two new buildings with large open floor plans. Earthquake resistance is provided by a combination of Wood Shearwalls and Steel Moment Frames. Supports for large exterior wall features, designed to provide signage and to attract attention to the retail center, consist of welded frame systems made up of tube steel members.
Another Nishkian Chamberlain retail project that is currently on the drawing tables is the redevelopment of the old Hollywood Park Racetrack in Inglewood, CA. The track will replaced with a renovated Hollywood Park casino, shopping center, 300-room hotel, office space, parks, 2,995 residences (mostly single-family houses and townhouses), and two lakes.
Nishkian firms all have strong backgrounds and experience with the design and schedule demands of retail construction. Do not hesitate to contact any of our offices should you need a structural engineer that will collaboratively work with your team to deliver innovative and cost effective structural solutions to your next retail project.