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.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.