Shopping Centers Today

JUL 2018

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

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Page 25 of 59

26 S C T / J U L Y 2 0 1 8 Redevelopment, the driver behind a return of retail to the U.S. urban core, continues to reinvigorate neighborhoods and historic districts, adding luster to dormant properties, elevating residential property values and even helping to lower local crime rates. is is a movement that both challenges and rewards those developers able and willing to work with the community and to clear regulatory hurdles for the sake of a desirable place-making mix. Media narratives about retail-driven neighborhood turnarounds in major cities such as Chicago, Detroit and New York City abound, but the industry is also helping to reshape neighborhoods in dozens of less-heralded cities across the country. Here are five such revitalization projects. Here comes the Retail helps revive struggling BY STEVE M CLINDEN

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