THE ROSE REPORT
ROSE & ASSOCIATES

Analysis, Strategy & Implementation

  • Land Use
  • Real Estate Market 
  • Economic Development
  • Asset/Property Management
  • Public Health/Safety
Giving Back
CRE Consulting Corps helps YMCA of Western N.C.

Facilitated by Kathleen Rose, chair of CRE Consulting Corps' Steering Committee, and lead by Tom Gates, the NC CRE Chapter President, Chapter members  participated in a one-day pilot project in Asheville, to assist the YMCA in the positionin g of its down town asset .

Articles & Speaking Engagements
Kathleen Rose moderated the ULI Charlotte 2018 Emerging Trends in Real Estate event on Nov. 7th. Panelists discussed local trends and highlighted projects, including Thompkins Hall, the former textile mill, and Duke Energy's non-traditional selection of office space geared to attract talent (Millennials!). View ULI's Emerging Trends report here

Panelists included Kathleen Rose (left), Jay Levell of White Point Partners, Jon Morris of Beacon Development and Peter Pappas. 

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Realtors from across the country gathered in Chicago in November for the NAR Conference and Expo. There, Kathleen Rose talked about a project the CRE Consulting Corps completed for the city of Fairborn, Ohio, which has struggled with a failed mall and negative public image. Watch her talk about the Consulting Corps on America's Commercial Real Estate Show. 

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Kathleen Rose was quoted in this article at Deputy.com about choosing the best location for a business. The article quotes Rose's advice for focusing on a business' market when targeting a site.
Project Updates
Burlington, NC
 
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The Rose team is providing real estate market analysis to help set the strategy for redevelopment of the Maple Avenue corridor at I-40/85 exit 145, stretching from  Anthony Road to South Church Street in Burlington. Read here to learn more about the project. 

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NC54 West

Working with VHB Engineering NC, Rose & Associates will provide a market analysis and evaluate land use strategy for 
the section of N.C. 54 West between Carrboro and the I-85 interchange in Graham. Increases in residential development and traffic are projected for the corridor. Visit here to learn more about the study.
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Rose & Associates SE, Inc. is grateful for the past year and wishes you and your family a joyous holiday season. In lieu of cards or gifts, we have made donations on your behalf to the following local nonprofits:


NEWS & INSIGHTS
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What is Mixed-Use, Really?


We hear from many public and private sector clients who say they want to build "mixed-use".  But what does mixed-use really mean? W e run the risk of having the same-old thin, sterile environments when mixed-use developments are conceived without really thinking about it from a market perspective. 

There are some great mixed-use projects built and being designed now.  But there are hazards developers can run into if they don't take the time to properly analyze and understand the market.  Housing is often the foundation of a mixed-use project, and developers are familiar with analyzing the residential client base. Communities  also must assess  whether the project will be employment-driven or entertainment-driven. Will it have an urban or suburban character? This will shape the ideal mix of office, retail, restaurant and hotel uses.  Another often overlooked step is to ask: how does the project make itself unique and differentiating? The answer may be found in the creative use of public space. (To learn more about creative place-making, read the Spring-Summer 2017 Rose Report.) 

In Raleigh, for example, Rose & Associates is helping  develop a vision for the character of the Avent Ferry Road corridor's public realm and adjacent land uses. The Avent Ferry Road corridor is  adjacent to the NCSU Centennial Campus, the Catholic Diocese of Raleigh's Holy Name of Jesus Cathedral, and the Mission Valley Shopping Center. Our a nalysis shows this area will benefit from the redevelopment of obsolete centers into  an entertainment-oriented regional destination, offering a mix of high-density retail, restaurants, workspaces, housing and a hotel. (Read more about the corridor study here.)

Equally important as the suggested mix of uses, however, are the themes identified to guide development. The city wants to embrace a community-generated vision for the character of this space, and the themes our research generated will provide a focus.  These come from understanding the market and will help ensure a mixed-use project that is authentic. Private developers and communities have lots of opportunity to create new, innovative mixed-use projects. Those that make the effort to be thoughtful about their approach beforehand will find the time well spent.

Welcome Daniel Bellot!

Daniel Bellot
Rose & Associates is pleased to welcome Daniel Bellot, who has joined the firm and will serve in two roles: market analyst and property manager.

A recent graduate of UNC Charlotte's Belk School of Business, Daniel earned a Bachelor's of Science degree in Economics. While Daniel is new as a full-time employee at Rose & Associates, he is well-known to the team having worked as a student intern with the firm since 2013. 

Daniel brings market research, economic analytics, customer relations and asset management skills to Rose & Associates. Daniel's skills include GIS-based analytics, research and combining data and visual graphics to build creative solutions for clients. He is an associate member of the Young Leaders group of the Urban Land Institute (Charlotte District Council) and is a member of the Lake Norman Chamber of Commerce. You can reach him at  dbellot@roseassociates.com.