Commercial Guidebook | Real Estate Investor Magazine Commercial Handbook 2013 | Page 14

RETAIL An initial consideration is that of design and layout. These are the design and layout factors that contribute towards an exemplary shopping environment which attracts and retains visitors and shoppers. Design features that contribute towards the success of a shopping centre A water f ront or natural feature around which the cent re is const r ucted . O u r move towa rds experiencing nature – something which visitors to our centres may not be able to naturally enjoy from their homes – means that any natural environment feature (and, especially a waterfront) will attract visitors purely for the enjoyment of seeing and enjoying such a feature. Visitors will then spend time in the associated centre and, eventually, spend their money. Extensive open spaces (as far as practically possible) and natural light with good airf low inside the centre. This can be artif icially created through the construction of features which imitate the outdoors. An example of this is the rock-climbing wall included in the Gateway shopping centre near Umhlanga Rocks on the north coast of KwaZulu-Natal. Large and separate outdoor facilities with, wherever possible, the provision of entertainment, sporting and leisure activities. These might include boating or other water activities, amphitheatres in which (regular) entertainment-shows can be held, arenas and expo centres, art galleries and contemporary displays (such as ornamental sculptures and busker displays) – all with adequate public seating. Centres which manage to achieve these attractions are sometimes called festivity centres. Outdoor restaurant venues which, ideally, overlook the natural feature(s) around which the centre is constructed. 12 Commercial Handbook 2013 A multi-use development with a linked cinema venue, hotel and conference centre – all of which promotes the establishment of a single-location availability of needs across a wide spectrum of users: private shoppers, entertainment, leisure, networking and business. Internal and external aesthetically pleasing displays of both achievable and unachievable purchases, which displays are tastefully presented. So, for example, these may include clothing and sportsware displays as well as cars, furniture and artwork. A clean and light finish throughout the centre, amplified by the correct use of natural (wherever possible) or artificial lighting. The extensive use of glass (or transparent Perspex) contributes towards a natural environment. An environment which is completely free of tardy commercial signs (such as ‘sale’ and ‘clearance sale’ and ‘50% off’) but which, instead, tastefully displays merchandise in a manner which encourages visitors to browse and consider purchases. I would like to emphasise that the design and layout principles discussed herein must be complemented by a soundly-worked tenant mix and promotion strategy, as described below. Other facilities and service providers that appear consistently amongst the world’s foremost shopping centres include: High quality jewellery, personal effects and artwork Wine-merchants and spirit distributors Linked sporting facilities – such as squash courts and bowling alleys: these facilities work provided that they are complemented by a tenant mix which caters appropriately for other leisure activities, such as eating out. www.reimag.co.za