Retail Traffic Magazine reports that some developers who specialized in regional malls are moving over into developing outlet centers. Says an analyst, "The whole value concept is resonating right now."
Developers are glomming on to the fact that budget retailers are doing better in this climate than premium brand stores, and investing in outlet centers makes sense in that climate.
Elaine Misonzhnik talked with Lisa Quier Wagner, president of Quier Target Marking Inc., an affiliate of EWB Development LLC, an outlet center specialist:
"There are certainly enormous expanses of this country that have not even been touched by outlet center space," Wagner says. "The outlet industry is absolutely booming right now."
FULL STORY: Mall Developers Look to Outlet Centers as New Avenue for Growth

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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