At the end of 2015, Codata database references more than 1,000 commercial Projects linked to the 7,700 described commercial Sites in 10 countries.
Commercial project: Codata definition
While Codata adjusted its method and census rules, each component of its database has been carefully defined.
According to Codata definition, a commercial Project aims at noticeably changing the local commercial environment. Codata classifies them into six categories:
- Urban Planning
- New traffic builder.
A commercial Project can be listed in Codata database even before it has been granted administrative authorisations. However, a Project that has no significant influence on the local retail environment will not be listed, even if administrative authorisations have already been granted.
Data is updated at least once a year on the field by Codata data collectors. In addition, contacts with the service providers of the sector and continuous monitoring allow the constant updating of information linked to commercial Projects.
Features and attributes of a commercial Project
Studied and listed Projects in Codata database present the following information, subject to availability:
- Site study date by Codata teams
- Situation and accessibility
- Forecast opening date
- Level of granted authorisation
- Precise geopositioning in the cartographic interface
- Number of levels
- Forecast surface areas
- Number of parking spaces
- Planned cafés, restaurants and leisure areas
- Announced Retailers, including anchors
- Potential hybrid Project (housing, offices, road amenities, etc.)
- Name of the service provider(s) working on the project (development, leasing, management, etc.)