Bibliographische Detailangaben
| Titel: |
Rochester retail real estate finds new momentum. |
| Autoren: |
PUTNAM, CAURIE |
| Quelle: |
Rochester Business Journal. 11/7/2025, Vol. 41 Issue 24, p10-10. 1/2p. |
| Schlagwörter: |
*MIXED-use developments, *COMMERCIAL real estate, *CONSTRUCTION loans, *PROJECT managers, CRISES, CITIES & towns, ECONOMIC uncertainty |
| Geografische Kategorien: |
ROCHESTER (Minn.) |
| Abstract: |
The article discusses the current state of the construction financing market and retail real estate in the Rochester area, highlighting the resilience and adaptability of developers and businesses in response to post-pandemic changes. Despite challenges such as high interest rates, labor costs, and regulatory complexities, there is ongoing demand for housing, infrastructure, and mixed-use projects. Retail spaces are evolving, with a shift towards community-driven concepts and creative re-use, exemplified by developments like The Grove, which combines luxury residences and vibrant retail options. Industry leaders express cautious optimism as developers engage in proactive planning and financial forecasting to navigate the market's uncertainties. [Extracted from the article] |
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| Datenbank: |
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