More and more consumers want dining and entertainment options at retail centers. According to a recent study from ICSC, 50% of US consumers want more dining options and 40% want to see more entertainment and leisure venues and activities. While experiential retail has become a buzzword in the market, this research illustrates that consumers want these concepts.
“The desire for increased and conveniently-located retail services has grown so much so that 78% of US adults would now consider living in a mixed-use setting for a live-work-shop-play lifestyle,” Benjamin Cien, associate partner and studio director at Newman Garrison + Partners, tells GlobeSt.com. “The mixed-use development and community is a really efficient way to attract and please many different members of a community.”
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