Outdoor courtyard at shopping center

Lifestyle Centers Are Winning Thanks to Demand for Experiential and Open-Air Destinations

September 28th, 2023

Commerce + Communities Today

By Beth Mattson-Teig

Lifestyle centers are riding a wave of momentum that shows no signs of slowing.

According to Placer.ai, U.S. open-air lifestyle centers are outperforming their peers when it comes to attracting more traffic. Year-over-year traffic at such centers increased by 2.5% in June, compared with a gain of 2% at outlet malls and a decline of 1% at indoor malls. Then in July, open-air lifestyle centers gained 1% year over year while malls declined 2.8% and outlet centers 3.3%.

Read more at Commerce + Communities Today 

Share This Story
Recommened Articles
Lets get in touch
Lets get in touch