About

Reurbanist is a multi-disciplinary firm that blends land use economics with urban planning and economic development. At its core, Reurbanist believes that great urban places that are compelling and vibrant must find success at both a fiscal and social level. Stronger cities and urban destinations translate into improved job growth, municipal tax revenue, and a higher quality of life for residents.

Reurbanist has offices located in Toronto and Seoul and is actively engaged in projects in Canada, the Middle East, and Asia. In addition to working directly with our clients, Reurbanist provides support services for several major land economics consulting firms.

Reurbanist Global Experience

reurbanist global experience

For more information on Reurbanist, including our staffing biographies and a list of recent project qualifications, please contact us.

 

Leadership

Mark Sim

Founding Member, Partner

Urban Planner, Retail & Real Estate Development Strategist

Mark is an internationally experienced urban planner and development strategist. As a city planner and development strategist, mark focuses on understanding the impact of retail and mixed use developments on communities and local markets. Developments that follow strong strategic plans are positioned to be beneficial to both the investors and local markets.

Mark emphasizes the role of economics and market research both from a public and private sector perspective and the necessity of creating a constant dialogue between stake holders and the professionals that are involved in the planning/development process. His experience in working with the community and the public sector was displayed during his time with the City of San Jose Urban Village team as well as during the Short Term Accommodations Study and retail studies for the Town of Canmore.

Mark has project managed a number of high profile real estate developments globally in Asia, the Middle East and North America. He specializes in providing expert advisory services for mixed use development and is active internationally and most recently in the Middle East region. Mark’s international project portfolio provides him with the ability to bring proven concepts and unique strategies for his clients.

Select Project Experience:

  • Town of Canmore (Canada) – Retail main street analysis and market projections
  • Town of Canmore (Canada) – Short term accommodations study with the goal of understanding tax implications and policy recommendations
  • Kingdom Centre (Al Mamlaka Mall) - Re-merchandising strategy and market analysis in Saudi Arabia
  • Al Hamra Luxury Centre – Market assessment and positioning study in Kuwait
  • Northwest Bahrain - Market analysis & development strategy for five assets in Bahrain
  • City of San Jose, Urban Villages (U.S.A.) – Project management, policy analysis and planning in San Jose
  • Pier #5 – Waterfront mixed use feasibility analysis, Busan, South Korea
  • Hanam Union Square (S. Korea) – Market Study and Retail Analysis in Seoul (currently under construction)
  • Dongdaegu KTX Station (S. Korea) - development consulting for US$350 million mixed use project over subway / high speed rail lines (currently under construction)

 

 

 

About Reurbanist
Reurbanist™ believes retail offers cities the best opportunity to recreate their urban fabric.

Developers, investors and governments around the world are recognizing how retail offers enormous opportunities. Retail is the glue which holds communities, neighbourhoods and mixed use developments together.
Recent Articles
Rethinking retail’s role in animating streets and public spaces

For decades, planners, urban designers, and policy makers have advocated for street-facing ground floor retail space as a means of animating streets and public spaces. Retail was in many ways the optimal use for achieving this activation due to its foot traffic generation and visual diversity created by storefront designs, lighting, and window transparency. Many […]

The Benefits of PokémonGo: Footfall, Draw & Leverage

Since the release of PokémonGo, there has been an influx of coverage in what many local business and retail centres are doing to capitalize on this increasingly popular game developed by Niantic and The Pokémon Company. The premise behind this game is to mimic the story and concept of the Pokémon franchise which is aptly […]

The Viability of Vertical Retail in Urban Environments

In the context of vertical shopping environments, a rule of thumb that is sometimes applied is that sales performance drops off by 50% for every floor above ground level. By the time you get to the third storey, you can expect only a fraction of the sales turnover. As a result the space is often not viable. When working […]

Food Lover's Market, Cape Town

To meet the evolving needs of workers and visitors in the core of Cape Town, a new food concept has been pioneered under the “Food Lover’s Market” label. The modern eatery concept brings together the best of an urban grocery store and food court within one beautifully designed facility. Importantly, centralized point-of-sale tills allow visitors […]

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