LCAR Unit 20 - Appraising Real Estate - 14th Edition Revised
Trending turn down the volume - turn up the fun
1. T R E N D I N G . . .
Today's malls have increasingly become
a destination for fun and entertainment.
Bowling, fine dining, and unwinding over
a special brew are now the reason to go
to the local mall.
Online shopping allows retailers to
reduce inventory volume, giving them
more space to stage immersive,
interactive, shareworthy experiences.
Uber and Lyft have city officials rethinking
about how many parking spaces are left
unused, Changes in parking space
requirements will create opportunities for
Malls to expand common areas with
inviting, stylish outdoor features and
social gathering places.
N O M A D I C | 2 4
Turn Down
The Volume...
FUN!
Turn Up
The
2.
3. WELLNESS
GOES
RETAIL
N O M A D I C | 2 4
All over America, malls are replacing big box
retailers with new entertainment destinations
like largescale bowling alleys, restaurants,
breweries and fitness centers to stay relevant
to today’s consumers.
Bergman KPRS has been engaged in
transforming existing retail square footage
into a wide range of entertainment options,
including Dave & Buster's, 10 Barrel
Brewery, Lucky Strike Bowling, and so many
more.
It has become a specialty we are excited
to share with our clients!