Lifestyle center
(Redirected from
Lifestyle center (retail)
) | This article needs to be updated. (March 2015) |
A lifestyle center (
suburban
areas.
History
The proliferation of lifestyle centers in the
outlet malls
on the low end.
Design
Lifestyle centers typically require less land and may generate higher revenue margins, generating close to $500 per square foot, compared to an average of $330 per square foot for a traditional mall, according to the president of Poag and McEwen.[2] Other advantages lifestyle centers have over traditional enclosed malls are savings on heating and cooling and quicker access for customers.[1]
Unlike the traditional commercial layout of
strip shopping centers, lifestyle centers present their formal storefronts as facing each other across a landscaped pedestrian walkway or a low volume two-lane road. Those with a more extensive street grid or more multifunctional and dense development include offices, hotels, residential, retail, and entertainment, often with a designated function to act as the community's center.[3] One of the earliest proponents of lifestyle centers was RED Development, which built centers primarily in the Midwest and Southwest United States.[3]
See also
- Festival marketplace
- Outlet mall
- Power center
- Shopping mall
References
- ^ ISBN 9781609014902. Retrieved February 27, 2023.
- ^ a b Bhatnagar, Parija (2005-01-11). "CNN article: "Not a mall, it's a lifestyle center"". Retrieved 2006-05-26.
- ^ a b Lipp, Linda (February 18, 2004). "Fort Wayne, Ind., Pioneered 'Lifestyle' Shopping Center Trend in U.S." Ft. Wayne News-Sentinel. Retrieved 12 November 2018.
External links
- "List of lifestyle centers", USA Today, January 31, 2007