Readers Speak Out: Have we seen the beginning of more ground-up projects?
In the Jan. 27 edition of SiteTalk, we asked our readers to comment on the recent announcement that Cordish Cos. would build an upscale outlet center and entertainment district near Omaha, Neb., and if that development signaled the beginning of more ground-up projects. This is what one reader had to say:
“I believe we'll start seeing small-scale developments taking shape in 2012. We're several years away from any large, mixed-use developments or retail centers entering the pipeline. There's just too much vacant space to absorb and it will also take some time for the REITs to deal with their existing portfolios.”
-- James R. Kimball Jr. AIA
Phase Zero Design