Spatial Economics Of Shopping Malls. A Configurational Approach in Rent and Tenanting Decision PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Spatial Economics Of Shopping Malls. A Configurational Approach in Rent and Tenanting Decision PDF full book. Access full book title Spatial Economics Of Shopping Malls. A Configurational Approach in Rent and Tenanting Decision by Sumanta Deb. Download full books in PDF and EPUB format.
Author: Sumanta Deb Publisher: GRIN Verlag ISBN: 3668168032 Category : Business & Economics Languages : en Pages : 61
Book Description
Research Paper (postgraduate) from the year 2015 in the subject Business economics - Operations Research, grade: 2.5, , course: PhD, language: English, abstract: The purpose of this research is to bridge the gap between retail research results on customer movement in shopping centers and importance of space syntax analysis in predicting indoor navigation pattern for better understanding of store space allocation, store location and tenanting decision making in shopping malls. A bid-rent model is specified and solved under the condition of profit maximization of individual stores to examine the impact of customer density in predicting store space allocation and rental decision making. To predict the importance of visibility in customer density distribution, data were collected through recording navigational preferences of individuals in computer generated situations of shopping mall junctions using a convenience sampling method. The visibility characteristics were studied using visibility graph analysis by syntax 2D software tools. The model is extended under condition of revenue maximization of the entire mall in rationalizing tenanting decision making. Tenanting, rent and store space allocation decisions depend on the customer density distribution throughout the shopping mall. Natural movement and consequent natural customer density depend on the visual integration of a location along with metric distance from the access point. Revenue maximization of the shopping mall depends on the strategic positioning of different store types. The positioning of different stores in turn depends on the spatial configuration, which dictates natural customer density distribution. This paper, being the first of its kind, integrates retail research wisdom and syntactic measures to illustrate the efficacy of space design as a strategic decision making tool, instead of just an accommodator of functions.
Author: Sumanta Deb Publisher: GRIN Verlag ISBN: 3668168032 Category : Business & Economics Languages : en Pages : 61
Book Description
Research Paper (postgraduate) from the year 2015 in the subject Business economics - Operations Research, grade: 2.5, , course: PhD, language: English, abstract: The purpose of this research is to bridge the gap between retail research results on customer movement in shopping centers and importance of space syntax analysis in predicting indoor navigation pattern for better understanding of store space allocation, store location and tenanting decision making in shopping malls. A bid-rent model is specified and solved under the condition of profit maximization of individual stores to examine the impact of customer density in predicting store space allocation and rental decision making. To predict the importance of visibility in customer density distribution, data were collected through recording navigational preferences of individuals in computer generated situations of shopping mall junctions using a convenience sampling method. The visibility characteristics were studied using visibility graph analysis by syntax 2D software tools. The model is extended under condition of revenue maximization of the entire mall in rationalizing tenanting decision making. Tenanting, rent and store space allocation decisions depend on the customer density distribution throughout the shopping mall. Natural movement and consequent natural customer density depend on the visual integration of a location along with metric distance from the access point. Revenue maximization of the shopping mall depends on the strategic positioning of different store types. The positioning of different stores in turn depends on the spatial configuration, which dictates natural customer density distribution. This paper, being the first of its kind, integrates retail research wisdom and syntactic measures to illustrate the efficacy of space design as a strategic decision making tool, instead of just an accommodator of functions.
Author: Sumanta Deb Publisher: GRIN Verlag ISBN: 3668367329 Category : Architecture Languages : en Pages : 98
Book Description
Research Paper (postgraduate) from the year 2016 in the subject Art - Architecture / History of Construction, grade: 2.5, Indian Institute of Engineering Science and Technology, Shibpur (Indian Institute of Engineering Science and Technology), language: English, abstract: Organized retail formats are growing twice as fast as their traditional counterparts. But, in spite of that, the mall management is concerned about the rising rate of vacancy leading to economic unsustainability. The reason for high mall vacancy rates can be ascribed to faulty tenant placement and irrational rental plan. Existing studies on the tenant-mix-decisions focus more on inter store externality and not on the spatial logic. Moreover, normal industry practice follows rule-of-thumb instead of any scientific approach. A bid-rent model for profit maximization of individual stores is solved to identify the relationship between area allocation and rental decision with the customer density at that point. The customer density in turn depends on the accessibility and explained through visibility graph analysis and agent based simulation. The findings support the superiority of configurational characteristic over metric distances. A model for profit maximization of the entire shopping mall is proposed to explain the tenanting, rental and anchor rent subsidization decisions based on logic of spatial configuration. Space planning, in this way, can be considered as a tool for strategic decision making instead of an accommodator of functions.
Author: Francois Des Rosiers Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
This study aims primarily at testing whether, and to what extent, retail concentration within regional and super-regional shopping centers affect rent levels, as well as the differential impact it may exert for various goods categories and sub-categories and in different urban contexts. In this paper, 1,499 leases distributed among eleven regional and super-regional shopping centers in Montreal and Quebec City, Canada, and negotiated over the 2000-2003 period are considered. Unit base rents (base rent per sq. ft.) are regressed on a series of descriptors that include percentage rent rate, retail unit size (GLA), lease duration, shopping center age, as well as 31 retail categories while the Herfindahl index is used as a measure of intra-category retail concentration. Findings suggest that while, overall, intra-category retail concentration affects base rent negatively, the magnitude and, eventually, direction of the impact varies depending on the nature of the activity and the market dynamics that prevail for the category considered.
Author: Anne-Dorothée Herbort Publisher: GRIN Verlag ISBN: 3656146721 Category : Architecture Languages : en Pages : 77
Book Description
Master's Thesis from the year 2012 in the subject Art - Architecture / History of Construction, grade: 1.0, University of Lugano (Accademia di Architettura di Mendrisio), course: Antropologie, Architektur, language: English, abstract: A preliminary research carried out in 2009 on the shopping centre "Serfontana" located at the traffic junction between Chiasso and Mendrisio, was the starting point for the following paper. I analysed the mall's characteristics and its attraction as a public place for teenagers. Shopping malls belong as much as urban sprawl, fragmentation and traffic congestions to the characteristics of the contemporary city. The analysis of effects and consequences of commercial spaces are therefore crucial to understand urban development, dynamics and future. Additionally, I would like to underline, that urban processes are not only influenced or fostered by architecture or landscape planning, but are also strongly engendered by social and cultural attitudes and their transformations. Hence, it is important to consider also the influence shopping malls have on society and public life. It is a critical study about facilities which are used daily and are part of the common urban landscape. The analysis implicates a thorough insight into the world of consumption in particular and the mechanism of "superplaces" in general, focussing on their impact on changes of social habits and public space. Moreover says Marco Torres in his text, Luoghi magnetici, that studying the places of great attraction and popularity, where events, leisure activities, consumption and parties are held, might give advice on how to improve the unpopular, hostile, miserable and lifeless places. Further I would like to reflect about the development of the relationship between market and public space throughout the time. Finally, scrutinising Swiss shopping malls might give indications on contemporary acquisition behaviours and future development of the contemporary city and its
Author: Michael Ball Publisher: Routledge ISBN: 113474966X Category : Business & Economics Languages : en Pages : 420
Book Description
This new text provides a rigorous analysis of real estate markets. Three main sections cover: microeconomics of property markets the macroeconomics of commercial property the financial economics of property Global empirical examples illustrate the theories and issues. This often complex area is made accessible: each chapter contains a boxed summary and questions for self-testing or discussion.
Author: Yupo Chan Publisher: Springer Science & Business Media ISBN: 3642156630 Category : Technology & Engineering Languages : en Pages : 701
Book Description
Employing state-of-the art quantitative models and case studies, Location Theory and Decision Analysis provides the methodologies behind the siting of such facilities as transportation terminals, warehouses, housing, landfills, state parks and industrial plants. Through its extensive methodological review, the book serves as a primer for more advanced texts on spatial analysis, including the monograph on Location, Transport and Land-Use by the same author. Given the rapid changes over the last decade, the Second Edition includes new analytic contributions as well as software survey of analytics and spatial information technology. While the First Edition served the professional community well, the Second Edition has substantially expanded its emphasis for classroom use of the volume. Extensive pedagogic materials have been added, going from the fundamental principles to open-ended exercises, including solutions to selected problems. The text is of value to engineering and business programs that offer courses in Decision and Risk Analysis, Muticriteria Decision-Making, and Facility Location and Layout. It should also be of interest to public policy programs that use geographic Information Systems and satellite imagery to support their analyses.
Author: Maria Ana Vitorino Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
This paper proposes a strategic model of entry that allows for positive and negative spillovers among firms. The model is applied to a novel dataset containing information about the store configurations of all US regional shopping centers and is used to quantify the magnitude of inter-store spillovers. The author addresses the estimation difficulties that arise due to the presence of multiple equilibria by formulating the entry game as a Mathematical Problem with Equilibrium Constraints (MPEC). While this paper constitutes the first attempt to use this direct optimization approach to address a specific empirical problem, the method can be used in a wide range of structural estimation problems. The empirical results support the agglomeration and clustering theories that predict firms may have incentives to co-locate despite potential business stealing effects. It is shown that the firms' negative and positive strategic effects help predict both how many firms can operate profitably in a given market and the firm-types configurations. The relative magnitude of such effects varies substantially across store-types.
Author: Stockton Williams Publisher: ISBN: 9780874203820 Category : Architecture Languages : en Pages : 50
Book Description
With nearly 10 million low- and moderate-income working households paying more than half their income towards their rent or mortgage, cities are increasingly using their zoning authority to encourage the development of new workforce housing units. A study by the ULI Terwilliger Center for Housing assesses and illustrates the economics of the most common approach: inclusionary zoning (IZ). Through IZ, cities require or encourage developers to create below-market rental apartments or for-sale homes in connection with the local zoning approval of a proposed market-rate development project. This study-based on in-depth analytic modeling, an extensive literature review, and interviews with developers and other land use experts-provides such advice on what incentives work best in which development scenarios. The study's purpose is to enable policy makers to better understand how an IZ policy affects real estate development and how to use the necessary development incentives for IZ to be most effective.
Author: Oscar Newman Publisher: DIANE Publishing ISBN: 0788145282 Category : City planning Languages : en Pages : 139
Book Description
The appearance of Oscar Newman's Defensible SpaceÓ in 1972 signaled the establishment of a new criminological subdiscipline that has come to be called by many Crime Prevention Through Environmental DesignÓ or CPTED. Over the years, Mr. Newman's ideas have proven to have significant merit in helping the Nation's citizens reclaim their urban neighborhoods. This casebook will assist public & private organizations with the implementation of Defensible Space theory. This monograph draws directly from Mr. Newman's experience as consulting architect. Illustrations.
Author: Sumanta Deb
Author: Sumanta Deb
Author: Sumanta Deb
Author: Francois Des Rosiers
Author: Anne-Dorothée Herbort
Author: Barry Maitland
Author: Michael Ball
Author: Yupo Chan
Author: Maria Ana Vitorino
Author: Stockton Williams
Author: Oscar Newman