Thursday, December 5, 2019

Retail, Office Trends Influence Apartment Development Strategies, Says InterFace Panel

REBusiness Online
Much of today’s new apartment projects feature a ground-floor retail component. But developers at the 10th annual InterFace Multifamily Southeast actually expressed concern about this type of development approach.

“The overall retail market is just not what it once was,” said Richard Aaronson, CEO of Atlantic Residential. “A lot of municipalities are recognizing that ground-floor retail in a residential building is not ideal.”. . . more