Perhaps no retail environment is more intriguing from an opportunity standpoint today in the United States than our B&C malls: environments that, for various reasons, have seen declining performance and declining value relative to their Class A counterparts.
For decades, prospective homeowners wanted to escape from dense urban centers and builders responded to this demand by constructing vast, far-flung developments of single-family homes and shopping malls.
With the resurgence of planned, high-density ground up and repositioned projects in downtown environments, there is clearly a desire and need to anchor those environments with a strong retail component.
Car2Go users who want to catch a movie or do some shopping will be able to park the vehicles at a new set of spaces at Easton Town Center starting this weekend.
Easton Town Center falls outside the “Home Area” for car2go service, but the car-sharing system is announcing today the addition of 20 dedicated satellite parking spots located on the north and south sides of the property.
Perhaps the best way to begin a discussion about the “urbanization of suburbia”—a concept that has been discussed and debated with increasing frequency in recent years—is to correct a simple misunderstanding: there is no urbanization of suburbia.
There is a seismic shift taking place in the bedrock of retail real estate development. Like the tectonic forces that move continents, the shift is gradual, but it is also profound.