By Al Urbanski
Nearly 30 years ago, when Limited Brands founder Les Wexner decided the huge parcel of land he owned off of Interstate 270 in Columbus would make a better retail destination than a distribution center, his plans for a combination of shops, restaurants, hotels, and apartments made some eyes roll. Today, Easton Town Center, co-developed by The Georgetown Companies and Steiner + Associates, serves as one of the world’s largest and most successful examples of mixed-use real estate. Wondering how Easton’s fared during COVID-19, we talked to its developer, Adam Flatto, CEO of The Georgetown Companies.
How’s Easton operating at this stage of the crisis? What’s open and doing well and what’s not? Are you going to lose many tenants that have entered Chapter 11?
We’ve been extremely well received by customers. We’ve been drawing up to 75 percent of last year’s traffic and that’s without the theaters being open….Read the full article at ChainStoreAge.com
The Crittenden Report By Linda Frabl The Crittenden Report met up with Beau Arnason, the EVP of Asset Management for Steiner + Associates. Arnason responded to their question on whether or not he is worried that a potential future economic downturn might impact the viability of the retail centers that Steiner + Associates develops and…
Chain Store Age By Marianne Wilson Victoria’s Secret is using technology and innovative design details to enhance its in-store connection with shoppers — and reduce its environmental impact. The intimate apparel retailer has taken the wraps off its renovated and reimagined store at Easton Town Center in Columbus, Ohio. The location features Victoria’s Secret’s “store of…
Commerce + Communities Today By Beth Mattson-Teig Lifestyle centers are riding a wave of momentum that shows no signs of slowing. According to Placer.ai, U.S. open-air lifestyle centers are outperforming their peers when it comes to attracting more traffic. Year-over-year traffic at such centers increased by 2.5% in June, compared with a gain of 2% at…
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