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Benefits of redevelopment of outdated retail centers

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dc.contributor.advisor William C. Wheaton. en_US Gitcho, Gregory William en_US
dc.contributor.other Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. en_US 2006-06-20T12:54:51Z 2006-06-20T12:54:51Z 2005 en_US 2005 en_US
dc.description Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2005. en_US
dc.description This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections. en_US
dc.description Includes bibliographical references (leaf 51). en_US
dc.description.abstract This paper explores the benefits of redevelopment of outdated retail shopping centers and seeks to identify potential redevelopment opportunities.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. en_US
dc.description.statementofresponsibility by Gregory William Gitcho. en_US
dc.format.extent 51 leaves en_US
dc.format.extent 2785259 bytes
dc.format.extent 2785029 bytes
dc.format.mimetype application/pdf
dc.format.mimetype application/pdf
dc.language.iso eng en_US
dc.publisher Massachusetts Institute of Technology en_US
dc.rights 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. en_US
dc.subject Urban Studies and Planning. en_US
dc.title Benefits of redevelopment of outdated retail centers en_US
dc.type Thesis en_US S.M. en_US
dc.contributor.department Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. en_US
dc.identifier.oclc 65470835 en_US

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