Ppd 499 Midterm Chapter 4, 5 1.0

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pajowajo
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175475
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Ppd 499 Midterm Chapter 4, 5 1.0
Updated:
2012-10-04 02:53:33
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CHp. 5 Lecture, Chp 4. reading
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  1. Changes of Retailing
    • Consolidation and Failure
    • aging inventory
    • shifting demographics
    • different shopping expericnce


    ex. Santa Monica Place
  2. What 3 things does Feasibility Analysis Involve
    • 1. Sales per sf- compared with historical sales
    • 2. Individual Store Trends
    • 3. Compare by category (food v. food, etc)
  3. Nine Considerations of Leases
    • 1. terms of lease
    • 2. rent v. market
    • 3. value of TI
    • 4. Relocation Clause
    • 5. Termination Rights
    • 6. Cotenancy
    • 7. Obligation of Expenses
    • 8. Sigage
  4. Four Aspects of Financial Analysis of Expansion/renovation
    • 1. rents: Now and Future
    • 2. Capital Costs
    • 3. Operating Expenses
    • 4. Value: Total and Incremental
  5. Approval Process for Expansion/renovation
    • 1. density
    • 2. zoning
    • 3. ADA
    • 4. Upgrading Building Coes
    • 5. Roads and Signals
  6. Important Physical Considerations of Renovation
    • 1. Signage
    • 2. Builidng INterior/Fasacdes
    • 3. Lighting
    • 4. parking
    • 6. public areas
    • 7. acess
  7. blackout period
    Tenants willnot allow any work to be done to Center during these busy times

    xmass, Easter, start of school
  8. Building Obsolence
    Cost more to rennovate than tear down and rebuild
  9. Nine Obstacles to renovation
    • 1. building obsolence
    • 2. structural issues
    • 3. utilities
    • 4. depth ratio
    • 5. asbestors
    • 6. environmetnal
    • 7. trauma to tenatns
    • 8. taxes
    • 9. tenants right to hold project hostage
  10. Four elements of parking lot designe
    environmental and location

    shopping center sites (landscaping, lighting)

    customer profiale: parking patterns

    tenant categories: type of retaile effects parking pattern
  11. Standard Parking Ratios
    • 4/1000 for Centers      <400,000 sq ft
    • 4-4.5/1000 for Centers      400-600,000 sq ft
    • 4.5/1000 for Centers >      600,000
  12. How are parking ratio's determined
    Use 20th highest demand hour of the year
  13. 300 rule
    • Walk no more than 300 ft in parking structure
    • no more thn 350 ft. within surface parking lot
  14. Chracteristics of Perpendicular Parking
    Economizes space and facilitates ciruclation

    allows for two way trrafice

    better sight lines to find parking

    60ft parking row, with 24 ft aisles
  15. Types of Shopping Centers
    • 1. Linear Center: Linear building separated from street by parking lot
    • 2. Cluster: Tenatns arrange around pedestrian walkways or streets (draws customers from anchor past smaller in-line)
    • 3. Town Center: Type of Cluster w/public use compente, streets lead to non-retail buildings
  16. Where should pads be placed?
    As Near to a Street as Possible and in front of smaller instead of anchor stores

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