Thursday, June 29, 2017

Round Up: Neighborhood Renaming Prohibition, India Retail Expansion, Urban Lifestyle Centers, "CityTrees", Too Much Parking

New York Senator Wants Realtors to Stop Renaming Neighborhoods

This Next City story questions the right of the real estate industry to change neighborhood names to their likely benefit. I remember the BoCoCa (Boerum Hill, Cobble Hill, Carroll Gardens) debacle a few years ago in South Brooklyn as residents vehemently resisted this name change. How enforceable could the Neighborhood Integrity Act be?

Over 50 global retailers to enter India in 6 months, likely to open about 3,000 stores

Small and mid-sized brands look to expand in India, now a very promising market on the rise with an "open retail policy and huge gap in the market for branded products." 

Making the move from the regional mall to the urban lifestyle center

The move marks an ongoing shift from enclosed regional mall or large suburban-style retail center to more urban lifestyle-focused mixed-use. National chains are adjusting to a smaller-format and community engagement.

Moss-covered CityTree has the same air-purifying effect as 275 regular trees

Not just good for the air we breath, but the CityTree could be a commercial corridor marketing tool. 

Downtown Akron is one-third parking lots: Akron Downtown Vision & Redevelopment plan asks for ideas on challenges

One-third is high but not unusual for the Midwest. Akron saw a high level of community engagement in response to an input seeking session and follows their Phase 1 session last year. 

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