Power centre

Power centre

A power centre (or power center [See American and British English spelling differences.] , also known as a retail park) is an unenclosed shopping centre with convert|250000|sqft|m2|-3 to convert|750000|sqft|m2|-3 of gross leasable area [ [http://www.icsc.org/srch/lib/SCDefinitions99.pdf ICSC SHOPPING CENTER DEFINITIONS] ] that usually contains three or more big box retailers and various smaller retailers (usually located in strip malls) with a common parking area shared among the retailers. It is likely to have more money spent on features and architecture than a traditional big box shopping center. [Garbarine, Rachelle, "The New Goal at Retail Power Centers: Eye Appeal; Bowing to demands by towns to give more attention to design." New York Times, New York, N.Y.: Aug 15, 1999. pg. RE9]

Power centres function similar to a traditional shopping mall, but more closely resemble open-air malls and lifestyle centres, rather than the modern enclosed shopping malls of today.

In recent years, it has become quite common for an older shopping mall to expand as a power centre, adding big-box stores, category killers and strip malls to the parking and open areas, rather than to add anchors and new retail space to the existing mall facility. Puente Hills Mall and Del Amo Fashion Center in Southern California are good examples of this. Another example is Seven Corners Shopping Center in suburban Washington, D.C. [ [http://www.fairfaxcountyeda.org/re_seven.htm Fairfax County EDA - Doing Business in Fairfax County, Seven Corners (retrieved Sep 2, 2008)] .] Power centres are almost always located in suburban areas, but occasionally redevelopment has brought power centers to densely populated urban areas.

Some new power centre developments have attempted to re-create the atmosphere of an old-town Main Street, with varying levels of success.

References

ee also

* Big-box store
* Category killer
* Lifestyle center
* Shopping mall
* Warehouse club
* Warehouse store
* South Edmonton Common

External links

* [http://www.smartcentres.com/ SmartCentres] - includes photos of its developments
* [http://www.scottsdale-center.com Scottsdale Center] - Northwest Arkansas Premier shopping center.


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