A Breath of Fresh Open Air: Transforming Open Air Centers
Principal and Director of M+A's Commercial Studio Lori Bongiorno discusses how landlords are transforming open-air centers into communities of integrated retail, entertainment, housing, offices and hotels with International Council of Shopping Centers Shopping Centers Today magazine.
Inquiries from retail developers and owners have risen this year according to Bongiorno.
"It seems like developers that haven't done open-air mixed-use projects before are eager to do them now. Because the projects are so massive, developers are still a little slower to pull the trigger, but there are more projects in the works," said Bongiorno.
Many of the country's prime open-air centers are trying to land such prominent entertainment or retail anchors such as Bass Pro Shops Outdoor World, Legoland or Sea Life Aquarium and food halls.
Source: "A Breath of Fresh Open Air" by Shopping Centers Today