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Malls urged to embrace change

June 14, 2015

Smart developers around the world are now building projects that Underhill calls “alls” – mixed-use projects that combine apartments, hotels, dining and retail, and that give people reasons to come there other than shopping.

At The Grove shopping center in Los Angeles, Underhill noted, a grassy strip in the middle of the center has become the city’s most popular play space for toddlers, drawing stroller moms and dads by the scores. But most of the examples of cutting-edge mall development these days are found outside of the United States, in places such as Dubai or Istanbul, he said.

“A-list” malls — large premium properties such as Westfield Garden State Plaza in Paramus — “are doing fine” and give consumers multiple reasons to go there. But there are many outdated “B and C” shopping centers around the country that “are crying to be redeveloped as ‘alls,’ ” Underhill said


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