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Food Halls Economic Catalyst or Fad?

Food Halls: Economic Catalyst or Fad?

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Food HallsEconomic Catalyst

or Fad?

Food is transforming marginal real estate and

underutilized spaces in new dramatic ways...

From rooftop gardens...

to breweries in once derelict industrial spaces...

to edible landscaping....

and most significantly, urban food markets.

Food can have a significant impact on the success or failure of new development.

Food halls can play an important role in urban revitalization efforts.

Food markets are not new. Since ancient times people have gathered food options in a single place.

The PastThe history of food halls can

be traced back to Harrods Department Store in 1859.

TodayFood halls are popping up in urban and suburban centers.

The number of food halls has almost doubled since 2015.

Approximately 70food halls in 2015

Approximately 131 food halls in 2017

Source: Cushman & Wakefield Report

Three trends have led to the rapid proliferation of

food halls ...

Residential units are getting smaller and shared spaces are getting larger.

1

Americans are spending more on restaurants than on groceries.

2

Source: Cushman & Wakefield Report

Food connoisseurship has exploded with the prevalence of “foodie culture.”

3

DefinitionsTo understand food halls, it is important to understand how they differ from other food venues.

Mostly National Brands

Fast Food to Fast Casual

Focus on ConvenienceLittle Retail

Food Court

Mostly Local Brands

“Mom & Pop” Stalls

Little Gathering Space

Mostly Retail

Market

Both Local & National Brands

Curated Mix of Tenants

Plenty of Gathering Space

Balanced Retail & Food

Food Hall

A contextual representation of community shaped by context and a clear neighborhood amenity.Curation is the key.

Modern Food Halla

NeighborhoodMicro Destination< 10,000 sf 10,000 sf - 30,000 sf > 30,000 sf

NeighborhoodMicro Destination< 10,000 sf 10,000 sf - 30,000 sf > 30,000 sf

NeighborhoodMicro Destination< 10,000 sf 10,000 sf - 30,000 sf > 30,000 sf

NeighborhoodMicro Destination< 10,000 sf 10,000 sf - 30,000 sf > 30,000 sf

Modern food halls can support redevelopment at three different scales

NeighborhoodMicro Destination< 10,000 sf

Enliven a street

Most patrons get there by walking

Fills the needs of people within the

building

10,000 sf - 30,000 sf

Enliven a neighborhood

More local feel

Visitors will walk 5

minutes or more

> 30,000 sf

Enliven a region

Tourist attraction with local appeal

Visitors will travel

miles by car

Micro food halls can activate hard-to-use spaces...

Micro

and can create a seamless and active sidewalk.

Micro

Neighborhood

Neighborhood food halls can act as a sign of neighborhood investment, which can prompt

future development.

They can act as an extension of the living room that urban

dwellers seek.

Neighborhood

Destination food halls can redevelop underutilized buildings and revitalize the urban fabric...

Destination

while also offering the opportunity to create spaces that address the public realm.

Destination

Food halls act as a catalyst when...

they are part of a larger holistic rehabilitation project,

are shaped by their context,

have a measured influence in the community,

and serve as a community amenity.

Cooper Carry has designed plans, buildings, and spaces that transform communities.

Sarah Jane Bonn [email protected]

Nicolia Robinson, AICP [email protected]

Contact us to learn more.

Daniel Sweeney, AIA [email protected]