Shopping Centers Today

JUN 2017

Shopping Centers Today is the news magazine of the International Council of Shopping Centers (ICSC)

Issue link: https://sct.epubxp.com/i/827208

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J U N E 2 0 1 7 / S C T 3 6 THE COMMON AREA Retail REITs are performing strongly. ICSC is doing all it can to keep things that way, supporting tax legislation that will help the industry 14 STOREFRONTS School of Rock, Japan's Miniso home and fashion accessories chain, and a fancy doughnut shop are among the tenants to peruse in this issue 24 DEVELOPMENT DIGEST Lido Marina Village, in Newport Beach, Calif., was a stunningly beautiful, fashionable destination when it opened 45 years ago. It is again 42 SITES & CITIES Development in Phoenix, one of the cities worst hit by the Great Recession, has taken off again, with 1.3 million square feet of retail completed last year 48 NEWS MAKERS Meet Kenneth F. Bernstein, ICSC's new chairman. Plus, Judy Messenger is busy delivering pizza restaurants, and Vincent Corno lands at Brixmor 58 THE LAST STOP Americans of all ages depend heavily on small retailers, according to a new ICSC survey. Forty-three percent of them shop at one at least once a week 18 26 14 S H O P P I N G C E N T E R S T O D A Y J U N E 2 0 1 7 contents 26 BUILDING BOOMLET Owners eager to improve or expand their properties are fueling a significant uptick in construction BY STEVE M c LINDEN 34 CREATING THE PERFECT MIX Landlords are creating communities by adding homes, offices and other uses to their retail properties BY JOE GOSE 38 HOW THE MONEY IS FLOWING Borrowing slowed in 2016, a report shows, and lenders are demanding more equity BY STEVE BERGSMAN Departments Features 24

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