Sentences with phrase «lifestyle centers»

The race is on to cover the land with lifestyle centers in a build - out reminiscent of the mall expansion that took place between the 1970s and 1990s.

There are a lot of developments that don't qualify as lifestyle centers and may not perform like the real thing.

After the financial crisis hit, the so - called lifestyle center was converted into an outlet center.

The problem is that many upscale tenants entered lifestyle centers on favorable lease terms.

In fact, «true» lifestyle center construction is relatively modest.

A store with a bad spot in an outdoor lifestyle center, however, may never see some of the people who pull in, shop and drive away.

Almost from the moment that lifestyle centers emerged as a hot new trend in retail development, they have been branded as just another format fad that would soon fade away.

How many of these will be revealed as specialty centers rather than true lifestyle centers that are meeting a true community need?

There's always been a level of skepticism surrounding lifestyle centers.

What the market's telling us is that people want lifestyle centers that are mixed - use with retail on the ground floor and office, housing, or hotel space above.

While the amount of total shopping center space in the U.S. grew 18 percent during the past decade, to 7.2 billion square feet, the amount of lifestyle center space increased 161 percent.

Recently, Inland Western Retail Real Estate Trust Inc., an Oak Brook, Ill. - based non-listed REIT with a 45 - million - square - foot portfolio, attempted to launch such a program at its Southlake Town Square, an 840,057 - square - foot lifestyle center in Southlake, Texas.

«Occupancy costs at lifestyle centers are half of what they are in a regional mall.

The other sites include the Village at the Peaks new lifestyle center in Longmont, Fort Collins Fashion Mall redevelopment and The Promenade Shops at Briargate in Colorado Springs.

Jones Lang LaSalle and Pinnacle Hills Development are co-developing a new 500,000 sq. ft. lifestyle center in the burgeoning market of Rogers, Ark..

Because lifestyle centers rely primarily on high - end, discretionary tenants they need to be located in markets with appropriate demographics and draw from a wide trade area in order to deliver positive NOI, Green notes.

«Hi - style» combines the hybrid mall and lifestyle center concepts to create a shopping center that takes one - stop shopping seriously, with traditional mall retailers such as department stores and specialty shops alongside a lifestyle component with entertainment and restaurant venues.

Smoothie King Franchises, Inc. is a privately held; New Orleans - area - based franchise company and the premier Smoothie Bar and Nutritional Lifestyle Center in the industry.

Steiner says his firm has been getting an increasing number of phone calls from lifestyle center owners asking for help repositioning their projects.

Poag & McEwen centers generate between $ 400 to $ 500 per sq. ft. in sales, which, combined with declining regional mall development, have ignited demand for lifestyle center locales.

In addition, many lifestyle center developers devoted all of their space to traditional in - line tenants and dispensed with traditional anchors that would bring in the needed shopper traffic day - to - day.

Today, lifestyle centers make up 1.77 percent of the retail universe, with 455 centers featuring 127.8 million square feet.

Cousins has made accommodations for specialty leasing, starting with its first lifestyle center, Avenue East Cobb in Atlanta, which opened in 1999.

From lifestyle centers to town centers to mixed - use venues, from new urban entities to vibrant retail / residential villages, the...

The firm is currently looking for outparcel sites at high - end lifestyle centers in the suburbs of major cities.

Just a few of Portofino's amenities include infinity pools and hot tubs, a large lifestyle center which includes an amazing fitness center overlooking the bay, onsite restaurant, market and tiki hut, as well as, luxurious spa treatments.

LONGMONT, COLO. — NewMark Merrill Cos. has completed Phase I of development at Village at the Peaks, a 500,000 - square - foot lifestyle center located in Longmont.

Lifestyle centers work best in markets with higher than average median incomes, a high concentration of families and a prevalence of white collar jobs, says Robert H. Spratt Jr., president of Hill Partners Inc., a Charlotte, N.C. - based retail developer.

Through its vertically integrated platform, the firm specializes in the sourcing, acquiring, developing, repositioning, leasing, managing and disposing of multiple real estate projects, including lifestyle centers, luxury hotels and mixed - use projects located in the country's main cities and top tourist destinations.

And it operates the only lifestyle centers in the city: Arboretum at Great Hills and Gateway Shopping Centers.

With the exception of some new condominium and retail lifestyle center developments in Florida, Las Vegas, Southern California and a few other markets, the lion's share of loans were made on existing properties, says John Pelusi, CEO of Pittsburgh - based Holliday Fenoglio Fowler Inc..

Like California's famed brand - driven and eclectic Fred Segal stores, where the hip can outfit and pamper themselves from head to toe, the Pussy & Pooch Pet Lifestyle Center in Beverly Hills takes a 360 - degree approach to pet fashion, supplies, nutrition and overall well - being.

The newly constructed hotel has a prime location within The Domain, Austin's prestigious, upscale lifestyle center, just steps from a variety of upscale shops, restaurants and entertainment.

«What we're seeing is a lot more existing centers, such as malls, adding open - air lifestyle center components to them in an effort to compete.»

Last year, Los Angeles - based developer Rick Caruso of Caruso Affiliated, sued General Growth after, he says, the giant REIT helped create the community opposition to his attempt to build a $ 264.2 million lifestyle center across from General Growth's Glendale Galleria.

The Richfield - based electronics chain is putting a 36,000 - square - foot store into a newer mixed - use lifestyle center called Station Park in a suburb north of Salt Lake City.

«What really is driving these deals is the customers» love for them, which translates into higher sales for the retailers,» says Terry McEwen, president of Poag & McEwen Lifestyle Centers LLC, a pioneer in lifestyle center development based in Memphis, Tenn..

«We are concerned about lifestyle centers, largely because of the tenants that spur growth — namely the ladies» ready - to - wear tenants — are not hitting their sales targets,» Betlej says.

HATCHER: We are seeing more lifestyle centers that are not high - end.

«There are a lot of people calling their projects lifestyle centers that are essentially strip centers,» McEwen says.

Developers Diversified launched ShopStar on June 1 at 25 of its projects, primarily lifestyle centers, properties with significant entertainment components and enclosed malls.

Daniel is the Director of Modern Manna Ministries and BellaVita Lifestyle Center.

Louisville has several shopping centers, like Mall St. Matthews and Summit Lifestyle Center.

In Belize City, elite families lived in the same ocean - front neighborhoods, belonged to the same social clubs, and enjoyed a similar lifestyle centered around the extravagant conspicuous consumption of imported goods.

Downtown: While cities everywhere are scrambling to create a walkable downtown environment, Palm Springs is building on its existing downtown assets to transform itself into an entertainment, cultural, and lifestyle center desired by so many.

Larger retail centers include the Downtown Disney shopping area at the Disneyland Resort, the power centers Anaheim Plaza in western Anaheim (347,000 ft2), [60] and Anaheim Town Square in East Anaheim (374,000 ft2), [61] as well as the Anaheim GardenWalk lifestyle center (440,000 ft2 of retail, dining and entertainment located in the Anaheim Resort).

Kukui Grove Center and Kukui Marketplace is Kauai's largest lifestyle center destination.

TURNER: It used to be we couldn't talk about lifestyle or town center projects, but now there are many variations of those, from more traditional strip center type projects with character and a different type of tenanting that people talk about as lifestyle centers all the way to town centers like Easton.

In comparison, developer Safady's $ 200 million BridgeStreet lifestyle center in Huntsville, Ala., is fairly straightforward.