Malls and Shopping Center Consultants Archives

Mall Redevelopment for Entertainment

01.11.2020 Adventure Parks & Extreme Venues, Experiential Design, Family Entertainment Center Consultants, Location-Based Entertainment Consultants, Malls and Shopping Center Consultants, Mixed-Use Development Consultants, Project Consultants for North America, Rapid Prototyping, Redevelopment Project Consultants, Retail-Entertainment Consultants

AEC was retained by this regional mall owner to explore the mall’s redevelopment for entertainment use, in Niagara Falls (New York). As the design consultant for the project, we considered all manner of repurposing options that could best utilize the existing physical configuration and infrastructure of the shopping center.

The starting point established by client Cocov Destinations, was to provide an all-weather “participatory sports” and recreation facility, serving league and sports club enthusiasts of all age groups. One competitive advantage for the property was the substantial grounds at or about the former shopping center and the potential for using additional nearby land also owned by the developer.

Formerly operated as the Summit Mall, the newly-dubbed Niagara International Sports & Entertainment Center (“NISE Center”) transforms a derelict 850,000-square foot shopping mall into a world-class sports facility. More than 900,000 annual visitors are estimated to participate in or view the athletic functions currently committed in the facility’s first years. This estimate includes the athletes, coaches, friend s, families and other walk in event related (coaches, administrators etc.) traffic. The attendance number is expected to increase as additional leagues and events are booked.

Confidential – At client request, the rapid-prototyping (previsualization) image for this exploration of mall redevelopment for entertainment use, includes limited details only. Shown below, a view of the defunct mall prior to commencement of revitalization effort by Cocov Destinations. Note – this is an update to a prior post.

Defunct regional shopping mall, slated for redevelopment.

Asset Management Consultants - shopping mall

Tri-City Shopping Center – Owner’s Rep

01.09.2019 Facility Asset Managers and Consultants, Malls and Shopping Center Consultants, Property inspection services

A+O Properties, Inc. (Los Angeles) | Owner representative, tenant leasing rep, and property manager for community shopping center in Redlands, California. Work included owner representation to other investor groups and anchor tenants involved with center ownership. Self-administered property inspection services and tenant lease audit matters.

StoneCreek’s work included the preparation of redevelopment plans for this major Inland Empire region property, a plan that envisioned a mixed-use district dubbed, “Redlands Marketplace.” Shown below, the facility’s owner’s at the time reviewing redevelopment plans. A unique feature of the great value for the property is the more than 1-mile of north-facing interstate highway frontage bordering the northern boundary of the Tri-City shopping center property. Interstate 10 is one of the primary routes to and from Southern California mountain and desert recreation areas, ski areas, Palm Springs, and the like.

Mercado del Lago Shopping Center

19.08.2018 Malls and Shopping Center Consultants, Transaction and Dealmaking Projects

Santa Margarita Co. | Leasing plan and financial analysis for planned shopping center in Rancho Santa Margarita, California. A focus of the financial work was ongoing evaluation of various tenant leasing deals and their impact upon overall project investment yield. Anchor tenants, in-line tenants, the ancillary pad tenant (a c-store fuel station), were each review as negotiations proceeded.

Extensive financial analysis was prepared in collaboration with client organization’s CFO, in tandem with ongoing land use master planning and experiential design efforts for this town center facility in the heart of this highly-successful master-planned community.

The City of Rancho Santa Margarita is a result of a handshake land deal where James C. Flood and Richard O’Neill, Sr. purchased the property and later, O’Neill deeded his land holdings to his son, Jerome. Under Jerome O’Neill’s leadership the ranch was expanded to 230,000 acres and spanned three counties. The holdings later become home to such communities as Mission Viejo and Rancho Santa Margarita.

The Rancho Santa Margarita landholding traces its history to the Shoshonean Native American Indian tribe known as the Acagchemen. The community is situated along the foothills of the Santa Ana Mountains, master planned as an urban village.

View of view Mercado del Lago's waterfront walking page

StoneCreek Partners acted as Real Estate Consultants to Santa Margarita Co., in its development of Mercado del Lago shopping center, for project feasibility, development leasing, and pre-opening facilities management matters.

China - Hong Kong project consultants - mixed-use development consultants

Conceptual Planning – Guangyang Town Center

19.08.2018 Malls and Shopping Center Consultants, Mixed-Use Development Consultants, Project Consultants for China, Retail-Entertainment Consultants

China Fortune Land Development Co., Ltd. | As retail-entertainment consultants, we provided a master land use plan with tenanting mix, potential tenant roster, and district anchoring, for planned town center at Guangyang master-planned new town. Located near the new regional airport to serve Greater Beijing. Components of the master plan included a destination retail outlet mall, hotels, a retail-entertainment district, and attractions.

An overall strategic marketing approach and big idea was the organizing foundation for the concept, that included retail formats, hotels, a resort with indoor water park, attractions and themed entertainment, and other destination activities.

Confidential – At client request, the rapid-prototyping image shown here includes limited details only.

As project feasibility consultants, StoneCreek Partners provided feasibility analysis for this potential regional mall.

Feasibility & Due Diligence – Spokane Regional Shopping Mall

24.08.2017 Malls and Shopping Center Consultants, Project Feasibility Consultants

A regional shopping center was planned for the metro area of Spokane, Washington, by a major West Coast investment property builder. A market study of the Greater Spokane area was prepared, to determine the level of market support that could be expected for a major regional shopping center at a site under study by the client. Consumer expenditures for various categories of retail merchandise was analyzed and compared to the retail space inventory within the project’s primary and secondary market / trades areas.

A tenant presence grid was also prepared to determine the level of market penetration of top U.S retailers, particularly in apparel categories.