From Strip to Hip

Cities should create a Shopping Center Potential Index to understand where limited municipal resources should be spent

Cities must be honest with themselves regarding the future of peri-urban and even inner-urban shopping centers: they are not all going to be reinvented.

We are currently living through a massive correction in retail supply. For decades, municipal tax policy and developer speculation fueled a “retail arms race,” resulting in North America having 4–5 times…