After decades of unparalleled growth, strip shopping centers in many communities are underperforming, with vacancy rates increasing while rents decrease. This session equips planners with an economic development primer for assessing the financial feasibility of redeveloped strip malls and a planning and urban design toolkit for facilitating their successful physical integration within the larger urban environment.
Speaker Details
Edmund Woodbury
McCaffery Interests
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Bio: Edmund Woodbury is the President of McCaffery Interests and is responsible for leading MI’s executive management team and executing on the vision and strategic direction set by the firm. Mr. Woodbury has over twenty-five years of experience in the real estate industry in numerous executive positions focused on the successful development of $1.5 billion of urban mixed-use projects. Ed is a registered architect and practiced for seven years in the Chicago office of Skidmore, Owings and Merrill in various senior design and management positions. He also held senior positions in Oxford Properties and BCE Development (now Brookfield) before joining McCaffery Interests. Ed is also active in his community, having served on his zoning board, plan commission and is a former Trustee and President of the village in which he resides.
Education: Bachelor of Science, University of Illinois at Urbana-Champaign. Master of Architecture in Urban Design, University of Illinois at Urbana-Champaign.
Past Assignments: Urban Land Institute American Institute of Architects International Conference of Shopping Centers Counselors of Real Estate
Sarah Woodworth
Managing Member
W-ZHA, LLC
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Bio: Ms. Woodworth is Managing Member of W-ZHA, a national real estate advisory firm. Ms. Woodworth works with private developers, municipalities and non-profits to structure equitable joint development financing structures. Ms. Woodworth specializes in urban redevelopment and transit-oriented development. Ms. Woodworth's expertise is in market analysis, development feasibility, innovative financing techniques and public/private deal structuring.
Education: Middlebury College, Middlebury,VT - Bachelors UNC Chapel Hill, Chapel Hill, NC - Masters Program in City and Regional Planning
Jeffrey Curtis Farner
Deputy Director
City of Alexandria Planning
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Bio: Jeffrey Farner is Deputy Director of Planning and Zoning for the City of Alexandria, Virginia. Mr. Farner has more than 18 years of planning, urban design, and development experience in both the public and private sectors. For the past 10 years, he has been responsible for overseeing new urban development and larger, more complex planning and urban design projects within Alexandria. Alexandria is used as a model for new urbanism, infill development and historic preservation and has been experienced considerable redevelopment and population growth throughout the decade. During his tenure with Alexandria, Mr. Farner has overseen and managed brownfield and redevelopment projects including North Potomac Yard, the Beauregard Small Area Plan and the Eisenhower East Small Area Plan. His involvement in these projects comprised plan preparation, development of urban design standards and guidelines, as well as implementation of major developer contributions. The North Potomac Yard Plan and the Beauregard Plan were successful in achieving approximately $100 million to $150 million each in developer contributions. He has also worked extensively with the development community, various boards and commissions and Alexandria’s diverse neighborhood groups.
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