Demand Rises for Ground-Up Retail

LOS ANGELES—Recently, several new-construction retail shopping centers have opened in the Los Angeles, illustrating an increase in demand for retail space. Nadel Architects has been the name behind the design for many of these centers, including the recently opened Juanita Tate Marketplace, a $21 million grocery-anchored shopping center. With new development in the retail sector just beginning to pick up, we sat down with Greg Lyon, principal and design director at Nadel Architects, to discuss the drivers behind this new trend and where it is headed. 

GlobeSt.com: You just completed two ground-up retail centers. Do you see higher demand for renovation projects or new construction, and what is driving this demand?