REAL ESTATE

Dylan’s Candy Bar goes high-tech with 3D candy printer

BY Marianne Wilson

Photo Credit: Dylan’s Candy Bar

Personalized gummy bears printed on demand are now among the offerings at Dylan’s Candy Bar stores.

The retailer has partnered with Katjes Magic Candy Factory to bring what’s billed as the “first 3D candy printer in the world” to the United States. The U.K.-based Magic Candy Factory named Dylan’s as its exclusive partner for domestic retail and online sales.

The Magic Candy Factory 3D printer will offer Dylan’s customers over 100 different designs to choose from, the ability to write names or special words, draw candy creations and print greetings on gummy cards. Shoppers can also select a color, flavor combination and a unique “magic” finishing to be added to their own personal creation. The price of the candy design is a flat rate of $20 per print.

"Magic Candy Factory is an incredible innovation,” said Dylan’s founder Lauren Dylan. “Dylan's Candy Bar has been excitedly watching the trends in candy personalization. We can't wait to dazzle our customers with the magic creativity of Willy Wonka's factory, merged with modern day technology!”

The Magic Candy printer uses a special mixture of natural vegan ingredients that are heated up and applied using a nozzle to produce different shape combinations. The shapes are then turned into coded instructions, from an easy-to-use, user-friendly tablet in-store, alerting the printer where, at what speed and what frequency is needed to apply each of the layers. The process takes approximately 10 minutes from start to finish, with three to five minutes for printing time.

The 3D printer, now in place at Dylan’s two stores in New York City, will be added to the company’s stores in Chicago, Los Angles, and Miami. Online customers will be able to personalize their gummy bears starting in early June.

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REAL ESTATE

Retail real estate execs place winning bets at RECon

BY Mike Troy

A record 36,000 retail real estate professionals are gathering in Las Vegas this week for the annual RECon conference where for an intense few days they will exchange ideas — doing deals and showcase hot projects against the backdrop of a challenging retail sales environment and heightened omnichannel activity.

Despite some crosscurrents and a tepid U.S. economic growth, the already massive RECon conference organized by the International Council of Shopping Centers is poised to be the largest ever. The event features four full days dedicated to professional development, educational sessions, and networking opportunities on an expansive show floor with roughly 1,000 exhibitors. ICSC estimates that approximately 50% of all industry deals are conceived of or consummated at RECon.

In addition to deal making, a new component added to this year’s show is reflective of the technology influence affecting all of retail. ICSC added an area called the Technology Lab that will provide attendees a firsthand look at the future of real estate and retail technology. The new aspect of the show offers attendees an opportunity to mingle with a select group of cutting-edge technology companies who are poised to innovate in the real estate industry in 2016. The companies will compete for the title of “the next big thing” from 10 a.m. to 11 a.m. on Monday and Tuesday at the Westgate Hotel.

Those unable to attend RECon can stay abreast of show development on ICSC’s YouTube channel and via iTunes Podcasts.

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REAL ESTATE

GBT goes big in St. Louis

BY Mike Troy

When the 300,000-sq.-ft. Shoppes at Mid Rivers opens in late 2017 the project will be the largest retail development the St. Louis area has seen in nearly a decade.

GBT Realty Corporation, a national commercial development company headquartered in Brentwood, Tennessee, said the $54 million project located in St. Peters, Missouri, will have three anchor tenants, five to seven junior anchors, small shop space and four, approximately one-acre outparcels.

“The City of St. Peters has been a great partner to us in this process,” said Jeff Pape, managing director, shopping center division, GBT Realty. “Along with delivering a quality retail center, GBT is proud to have a hand in generating roughly $3.5 million in annual local tax revenue and more than 1,200 local jobs between construction, full and part time employment by bringing nationally applauded retailers to this community.”

GBT is finalizing rezoning and site plan applications and is set to go before the city’s planning and zoning commission on June 1. The company also said it is in negotiations with household names in soft goods retail and service providers to bring additional amenities to the market. The firm expects to announce the initial tenant line-up later this year.

“The Shoppes at Mid Rivers will be located at the center of St. Charles County and the heart of its dominant retail corridor,” Pape said. “Immediately north of and facing the only regional mall in the county, the center will have unparalleled frontage, visibility and access.”

Demolition of existing building on the property is slated to begin immediately upon acquisition of the site later this year. Former occupant ABC Supply Co. relocated to O’Fallon earlier this year while Wm. Noble & Co.’s John Deere Dealership is currently open but will be relocating once GBT acquires the property.

With the addition of The Shoppes at Mid Rivers, GBT currently has more than $1 billion of retail development totaling five million square feet under construction or in the pipeline in 28 markets throughout the United States.

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