Renaissance Marketplace Renaissance Marketplace

Even before to the recent disruption related to the pandemic, retail was already experiencing marked changes. The asset class was moving toward an entertainment and community-gathering model. Although much of the world is currently practicing social distancing and all non-essential retail has been shuttered, when society can step outside again, retail will continue to evolve away from large retail boxes and toward more community and entertainment needs.

The recently completed Renaissance Marketplace in Rialto is an example of how retail had been changing. The 500,000-square-foot center has a movie theater but no standard big-box retail anchor. Instead, it has a collection of mid-sized retailers and restaurants. Nadel Architecture and Planning designed the project around entertainment, including several spaces to serve the community.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.