Benefits of redevelopment of outdated retail centers

Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2005.

Bibliographic Details
Main Author: Gitcho, Gregory William
Other Authors: William C. Wheaton.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2006
Subjects:
Online Access:http://hdl.handle.net/1721.1/33188
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author Gitcho, Gregory William
author2 William C. Wheaton.
author_facet William C. Wheaton.
Gitcho, Gregory William
author_sort Gitcho, Gregory William
collection MIT
description Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2005.
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spelling mit-1721.1/331882019-04-11T08:50:01Z Benefits of redevelopment of outdated retail centers Gitcho, Gregory William William C. Wheaton. Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. Urban Studies and Planning. Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2005. This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections. Includes bibliographical references (leaf 51). This paper explores the benefits of redevelopment of outdated retail shopping centers and seeks to identify potential redevelopment opportunities. The focus is specific to sites located in Dallas, Texas, and the overall concept can be applied to centers elsewhere. The assumption is that redevelopment of a particular retail center improves the value of the single-family (SF) residential properties surrounding that center. The redevelopment use can be altered to include strictly retail, but preferably includes a mix of uses - such as retail, residential, and/or office - that combine to satisfy the demands of today's market and hopefully that of the future. The research and data analysis portion of this study seeks to provide evidence that redevelopment of an underutilized site does indeed enhance the value of the SF residential properties surrounding that particular site. This data and the factual results provided herein can be used to provide stakeholders with evidence of the value of redevelopment. Specifically, adjacent property owners and neighborhood groups may find comfort in a careful study rather than simply a developer's verbal description and visual depiction of the benefits of redevelopment. In addition, the municipal authority that derives tax revenue from the value of the property can also confirm that real estate tax revenue will increase with redevelopment. by Gregory William Gitcho. S.M. 2006-06-20T12:54:51Z 2006-06-20T12:54:51Z 2005 2005 Thesis http://hdl.handle.net/1721.1/33188 65470835 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 51 leaves 2785259 bytes 2785029 bytes application/pdf application/pdf application/pdf Massachusetts Institute of Technology
spellingShingle Urban Studies and Planning.
Gitcho, Gregory William
Benefits of redevelopment of outdated retail centers
title Benefits of redevelopment of outdated retail centers
title_full Benefits of redevelopment of outdated retail centers
title_fullStr Benefits of redevelopment of outdated retail centers
title_full_unstemmed Benefits of redevelopment of outdated retail centers
title_short Benefits of redevelopment of outdated retail centers
title_sort benefits of redevelopment of outdated retail centers
topic Urban Studies and Planning.
url http://hdl.handle.net/1721.1/33188
work_keys_str_mv AT gitchogregorywilliam benefitsofredevelopmentofoutdatedretailcenters