This is the Irvine Specturm Center in Irvine California – 75% of the available land is consumed by transportation concerns?
South Coast Plaza Mall, Costa Mesa, CA
Here is the Irvine Spectrum Center currently with 75% of it’s land dedicated/consumed/employed/used/occupied??? transportation (parking lots and roads), which
leaves only 30% of the land available for rental space.
South Coast Plaza – Total Available Land
Here is the Irvine Spectrum Center with 10% of it’s land dedicated to transportation (transit stations), leaving over 70% of the land available for retain and office space rental.
Here is a typical … the Irvine Spectrum Center in Irvine Ca. 80% of land use is dedicated to transportation.
Here’s how much it currently holds; and here’s how much it could hold. Land usage potential.
Currently far below it’s potential $/acre.
Here is an image of the Irvine Specturm Center in Irvine California and it’s surrounding land. Of all this “developed” land only 30%….. 70% is
dedicated to transporation purposes (parking lots and streets).
South Coast Plaza Mall – Rentable space
Making lots of money in the green, but none in the red. Losing money in the red.
Retailers Paradise. Hyper-development. Hyper-developed land.
Basically, there is no transporation requirement. Value per sq/ft is basically unlimited. Or the ASDF ratio is very nearly 1. Ratio = Land available / land making money (rental available for rent land)
This (the old way) isn’t developed land. This (the new way) is developed land. Under-development. Under developed land.
Now that!!! is developed land. Hyper-development. Over 84844848 sq/ft of retail/office rental space in 4mill sq ft. That’s a 0.8 % land usage rate.
How “GREEN” can you make the land? Now that is some “GREEN” land!
South Coast Plaza Mall – land use: Rental, Transportation
Land previously used as parking lots is converted into rent-able retail and office space.
South Coast Plaza Mall land under hyper-development
Customers ride. Stations, track and pylons make up the transportation infrastructure. Maximum land value.