September 26, 2014

The concept of a shopping center as a place where people simply show up to make a few purchases and leave is becoming passé. Increasingly, developers are building mixed-use centers that include residential, office and entertainment components, which turn them more into a consumer home base and less of a functional destination. Add in amenities like town squares, public parks, community gardens and amphitheaters, and the “shopping center” becomes more of an all-around “center” of activity.

Walk this way

August 27, 2013

Supermarket-anchored shopping centers haven't changed much since the invention of suburbia. Find a good location, sign a grocery anchor, get a construction loan and some inline local, regional and maybe national retailers, and you're in business.

Today, however, supermarkets are beginning to change, and supermarket-anchored shopping centers, of course, must follow along.

Why are grocers changing? Competition from all sides.

Big boxes like Wal-Mart, Target, warehouse clubs and drug stores are competing with traditional grocers for commodity dry-goods sales.

September 27, 2011

Mixed-use isn’t news, but it continues to make headlines anyway. After a several-year period when ground-up building has ranged from sluggish to practically non-existent, a number of mixed-use projects are beginning to stir with renewed life as leasing gains traction once again.

August 25, 2011

Howard Paster, president, Paster Enterprises