Mixed-Use Developers Fifield And Optima Rethink Retail
The pandemic has accelerated the rise of e-commerce and reduced visits to brick-and-mortar locations, which has impacted investor and developer interest in the retail portion of mixed-use buildings. When Bisnow Chicago was looking for sources to share their perspective on this topic, they turned to the TJ team, who had no shortage of experts to offer. Read more here on what Taylor Johnson developer clients Fifield Cos. and Optima, Inc. have to say about how the industry is rethinking and reorienting retail, and why commercial space in apartment developments is here to stay.

Developers say retail will remain a component of apartment developments like Chicago’s new Logan Apartments from Fifield Cos., where Target is an anchor tenant, and Optima Signature from Optima, Inc., where Egg Harbor Cafe has offered outdoor dining, carry-out and delivery during the pandemic.