ORLANDO-The Wilder Cos. of Boston think they have the answer to overbuilt regional malls. They're betting on open-air neighborhood shopping centers such as the 500,000-sf, $85 million Loop in Methuen, MA and a similar venture proposed for south Orlando.

No ground-breaking date has been set for the project at the hot retail hub embracing the northwest corner of John Young Parkway and Osceola Parkway, a half mile south of the 4,000-acre Hunter's Creek community.

The project would inflate Central Florida's retail inventory to over 47 million sf, according to GlobeSt.com research.

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