Lifestyle centers stack retail up front, grocery stores in back, and sometimes office or industrial space on upper levels. They include playgrounds and host community events like Memorial Day activities to bring neighbors together.
We normally take the retail in the front, then you can have some bigger box like grocery stores or other things in the back. We even have one that goes a 3rd level that has what I'm going to refer to as the industrial office. So an office out front and a garage in the back, they can enter the property. So as the property gets deeper, the uses can change in these lifestyle centers. And there's normally some sort of common area with playground for kids, you know, where people can just hang out. And you would have, you know, on Memorial Day weekend, you would have something going on in the center that just supports the neighborhood again.
Episode 575: Redefining Retirement as the Day All Your Choices Open Up with Doug Bennett
