City October 10, 2012 5:15 PM

Panel to Discuss Local Retail Development Opportunities Tomorrow

Panel to Discuss Local Retail Development Opportunities Tomorrow

Phillips Lytle LLP, one of the region's best known law firms, will co-sponsor an International Council of Shopping Centers (ICSC) Buffalo Deal Making and Networking Luncheon at the Hyatt Regency Buffalo on October 11.

Phillips Lytle attorney Joseph P. Heins and Kathryn M. Gibbons, the firm's client development manager, participated on the Upstate New York ICSC Planning Committee which helped bring this high-profile event to Buffalo for the first time, putting a spotlight on Upstate New York retail development.

The event will focus on expanding retail development in emerging urban markets and will feature a keynote speech by Robert Shibley, dean, University at Buffalo School of Architecture and Planning, who will explain how the regional planning efforts in Western New York are showing an ongoing shift in focus to the urban core and discuss its impact on retail development.

A panel of experts, including Kenneth R. Crystal, a partner with Phillips Lytle's New York City office, will provide insight into how the various players in the retail marketplace can take advantage of new opportunities in upstate cities like Buffalo and Rochester.

Other panelists include Christopher Finn, research manager, Buffalo Niagara Enterprise, Russell Gentner, vice president, commercial real estate, First Niagara Bank, Eric Recoon, vice president of development and leasing, Benderson Development, and Richard Matwes, senior real estate representative and Wakefern Food Corporation.

The event takes place at the Hyatt Hotel from 10:30 am until 3:30pm.  Registration is $60 for ICSC members and $75 for non-members.

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Expansion of Retail depends upon an expanding local economy. Our economies: USA, NY State, Erie County, and Buffalo, continue to shrink; please enlighten us about this phantom economy which allows new retail stores around town.

Are we talking about shifting money from one hand to another, instead of "development" ?

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You should actually look at the numbers. The US, NYS, and even Buffalo's economies are growing. Its a very low rate of growth, but it is growth nonetheless. Also it should be noted that Buffalo is only a stones throw away from one of the fastest growing economies in North America: Toronto, and Canada as a whole. There is a spill over effect from Canadian tourists. The retail sector as a result is doing more than fine in Buffalo.

replied to MrGreenJeans
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Buffalo's core, ie commercial center, needs to be strengthened in order for the entire region to strengthen. Otherwise, it's like a donut with a hollowed out center.

I think the approach has to be looked at in a lighter-faster-cheaper way. There is already more activity downtown (look at Canal Side, the 500 block of Main St, etc.), but there needs to be an organized, innovative solution to luring retailers downtown, such as: pop-up shops, food trucks, events to bring people there, etc. More events-->more the vendors-->more customers.

Speaking of which, why are there no independent retailers on this panel? What about some representation of local, grassroots organizations already "doing it"?

I'll echo what others have said in a previous forum--Shibley is over exposed. We need fresh blood, fresh ideas.

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Yes, fresh ideas! Like a form based code, a comprehensive plan based on placemaking and situated knowledge, the restoration and reconnection of the Olmsted Park system, an innovative multi-layered environmental alliance that has been able to leverage the region's organizational capacity, a decades-long community conversation on the future of our waterfront, a framework for regional growth, and a $2 million sustainable communities grant that finally provides a platform to tackle sprawl and regional planning issues. Oh, that's right, all these ideas had Shibley at their genesis. I agree that others need to step up, but I don't agree that Shibley has led to the stagnation of ideas in this region. Good day madame!

replied to Travelrrr
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I think Shibley has done a fine job with many projects in Buffalo and has been a fine central voice for planning and urban redevelopment here.

But it absolutely wouldn't hurt to have some new voices facilitating urban causes here. I was excited to see Chris Hawley on the Ohio St. panel, he's one of the sharpest urban thinkers around. We need more like him - his smarts and his age.

replied to DTK2OD
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"lighter-faster-cheaper way"

I bet if you walked up to any businessman and said, "hey, how about for a business model you select a lighter faster cheaper approach?" he'd probably tell you to go F* yourself. It's not working for Canalside, as I proved with my daily visitor breakdown. It's been how many years now and we still have one restaurant and no "entertainment" outside of the concert series. We need attractions in the city which will draw residents, which will promote better schools, more services and higher tax revenues. How about a Buffalo Sports Hall of Fame, a rock climbing wall, a childrens bounce house, movie theater, a couple of restaurants, indoor skydiving tubes, laser tag, water parks etc. Make Canalside a cool place where a family can come, spend money and think, "hey there's something going here, maybe I should consider moving into the city?" not something cheap and quick.

replied to Travelrrr
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I would prefer they not buy in, frankly, if you are referring to the same folks are the same brain surgeons behind Bass Pro, Main Place Mall, an one mile metro and other sundry silver bullet solutions.

You may not appreciate where Canal Side is, but the facts remain: there has been a massive increase in foot traffic and visitors due to this lighter-quicker-cheaper method. Much more than was created during the decade of waiting for a big box retailer. So, yes, I think this model is proving itself--so much so, developers are now interested to develop the area.

replied to Up and coming
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If you take the concerts out of the equation your "foot traffic" numbers are dead in the water. Although I will say that the Kayaking is cool and the boating is def on the rise, but we still have nothing to at Canalside. Lighter, cheaper, faster = bush league development.

replied to Travelrrr
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Apparently some people have a dislike for reality?

replied to Up and coming
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....I think a lot of people here have a problem with "reality" but not reality.

....Most people generally accept reality, meaning actual real world events, such as the canalside investment and activity being referred to here (Liberty Hound, Webster Block, Clinton's Dish, regular crowds etc).

...."reality," aka the subjective mindset of some of BRO's more cantankerous whining commenters that may or may not have anything to do with actual reality, may be what some here have a problem with.

replied to Up and coming
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Lighter quicker cheaper for what? The Erie Basic Marina and military park were already there..your lighter quicker cheaper mantra owes its success to "Thursday at the Harbor"..ya know formerly Thursday at the Square. (I.e like the marina..we already had it) Soon we'll have an addition to Canalside with the ice skating on the canal..much to the chagrin of the icerink at Fountain Plaza. Soon to be followed by a waterfront public market..close cousin to the Broadway Market.

Unfortunately, I see exactly the opposite of what we should be doing at Canalside. No new ideas..just hollowing out other parts of town moving what we already have. Thats why its so cheap..we already have it.

Canalside is nothing but a park. A high quality public space (its my favorite place to go for a walk w/my wife)..but I would hardly say developers are interested in the area. Unless your talking about the sweetheart deal for Benderson and the Donovan and Pegula's hard thought strategic purchase of a parcel directly across the street from his NHL team.

"pop up shops" and foodtrucks are great but won't do a thing..theres got to be some sort of "Downtown" initiative that lays the foundation for its rebirth. All of the projects of late are fantastic and welcome to a chaging CBD. (albeit slowly) But they are not cohesive..and thats the problem.

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....BINGO!

replied to Buffalo All Star
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Once the Benderson project, the Pegula project and the childrens museum are are complete there we be a critical mass. At that point private investing should follow.

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Isn't that already private investment?

replied to schvanstuchen
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I'm not sure about Pegulas building but I know Benderson is getting some sort of government assistance (tax credits I believe) and the shell of the childrens museum is being built with public funds. But this is public money well spent. It will, once complete, draw more investment to the area.

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The lighter cheaper faster in Canalside is really just a way of creating momentum which will attract the attention of more substantial investment, which is exactly what is happening. Ohio St Parkway is just latest in several plans moving forward and even more still in the planning process.

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"creating momentum which will attract the attention of more substantial investment"


.....but it's not.

replied to The Boss
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How ever did you get all the answers? I've never met an individual with limitless omniscience. Is there a book they sell on Amazon?

replied to Up and coming
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I like the enthusiasm displayed by these planners, but I wonder what retail will look like in the future. My prediction is retail stores that sell items that need to be bought RIGHT NOW will stay in business, all other things will be sold online or by showroom-style stores.

A list of brick and mortar survivors could be:
-drug stores (feel sick, need to feel better right now)
-hardware stores (working on a project and I want to finish right now)
-auto parts stores (you get the idea)
-maybe some high end clothing stores
-grocery stores

There are others that I am missing, but basically unless the store offers an experience or immediate gratification for certain things, then it won't exist. I could be wrong.

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I think you've oversimplified it. There are certain things which lend themselves to online shopping (books, music, movies, among others). Everything else is less likely to be as adapted to online retail. As long as people like shopping for fun and not just necessity, there will always be actual physical places where people can shop.

replied to Buffalogni
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Maybe. Then I guess the question is how many people like shopping. I would love to see a survey about that. I hate it myself. I estimate that half the people that shop in stores don't like it, but that is how they have been buying things since they were a kid. As online experiences get better, and people become habituated to online shopping, many physical stores will go bankrupt. The rest of the stores will improve the shopping experience, and a new equilibrium will be reached. I think that will result in many fewer stores though, and the ones that exist will be more like showrooms.

It is hard to tell though, I know there are people that really like shopping the way it is now so I might be just thinking of my own experience.

replied to pampiniform
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Im interested as well..excluding the loss of cheap financing and the "new now" malls aren't being built anywhere across the country. Conversly, look at the success of the Galleria here at home and the Fashion outlets of Niagara. (Outlets just purchased a trailer park right nextstore to their property..expansion in their near future?)People clearly enjoy it. wny is over retailed as it is (we owe everything to the Canadians), i'd imagine its a bleak future for retailers,.cheap American credit is over.

You are already seeing a decline in those listed above and then some. (Electronics stores, I also think its a matter of time b4 you can stream brand new movies--end of movie theaters). A book is a book..tv is a tv is a t.v..same goes for video games, blu rays etc. I'm not a shopper..I do the majority of my personal shopping online..I know my sizes, shipping is free..and you avoid the lines at the stores. But I will admit, on occasion (when expendable income allows) I am a showroomer and it'll be interesting to see how the retail industry grows in the age of the smart phones and show rooming.

Minimal help...no cashing out..see what you like..see it in person..log into your "x-retailer" account..scan the bar code and its at your house by the end of the week.

replied to pampiniform
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