Retail and Shopping Center Developers Key Terms

Understand retail and shopping center developers key terms to optimize professional communications

Knowing retail and shopping center developers key terms is essential for any business person planning to build or design a new retail venue. Understanding the terminology helps one understand the legalities involved in the venture.

An understanding of retail and shopping center developers key terms helps a business owner convey to architects and builders exactly what they want. It demonstrates an extra sense of professionalism, which benefits both the business owner and the developer.

Retail warehouse

A retail warehouse is a large store that specializes in selling comparison goods that require extensive areas for display. These single-level stores traditionally concentrate on selling bulk goods for the household, although some sell other types of goods.

Brownfield sites

Brownfield sites is a term referring to previously developed sites, which businesses purchase for reuse or conversion. Sometimes developers demolish these buildings to design updated retail and shopping centers.
United States Environmental Protection Agency offers a detailed description of Brownfield sites on its website. It also links to other sites offering resources for grants and funding.

Development opportunities

Retail and shopping center developers look for development opportunities, which are areas and sites within a city that are open for new development. Sometimes these sites are vacant, and sometimes they hold properties with buildings that are no longer in use.

Single, large amenity site

A single, large amenity site is a large site providing high-quality space and an ideal environment for a business user.

Retail floor space

Retail floor space refers to all the areas used for retail purposes. It includes all of the floor space used for retail in addition to the space used for staff facilities, storage and food preparation. It does not factor in parking.

Urban design strategies

Site developers use the term "urban design strategies" as a spatial expression of policies for urban design, which generally include cities and towns. The urban design strategies provide a context for more clearly defined briefs and frameworks.

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