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Inland Empire Near Retail Boom

ONTARIO, CA-If the adage "retail follows rooftops" is an accurate one, then inhabitants of the Inland Empire should hunker down for an unprecedented retail boom. At least that was the consensus at a panel titled "Retail Market Forecast: Creating Ringside Seats for Returns" at the first annual RealShare Inland Empire Conference, held yesterday at the Ontario Convention Center.

By Daniel D. Williams | Updated on August 15, 2006

ONTARIO, CA-If the adage “retail follows rooftops” is an accurate one, then inhabitants of the Inland Empire should hunker down for an unprecedented retail boom. At least that was the consensus at a panel titled “Retail Market Forecast: Creating Ringside Seats for Returns” at the first annual RealShare Inland Empire Conference, held yesterday at the Ontario Convention Center.

While officials from the County of San Bernardino and the City of Ontario were among participants at the event, it was the retail panel that held the attention of many attendees, as they learned how industry experts intend to meet the needs of the area’s population explosion. According to one report, the region’s population grew by nearly two million since 2000, a number developers and planners are struggling as well as thriving, to keep up with.

Bob Kraus, SVP of advance planning for Empire Commercial moderated the discussion. Panelists included: Don Baker, president and COO of Stater Bros. Markets; Steve Hopkins, president of Hopkins Real Estate Group; David Linden, VP & director of asset management, Lewis Operating Corp.; and Jeff Pintar, national retail partner, Panattoni Development Co.

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