The Herald Sun has featured the expert insight of Sue Say, joint national director of property economics and research at Urbis.
Shopping centres have evolved in to community ‘destinations’ – places where you can work, get a massage, dine and buy all manner of products. These developments have been particularly pronounced over the last ten years, with the “experience economy” changing the make-up of modern complexes.
“People are drawn to places that provide quality, attractive and interesting environments where they can shop, dine, be entertained, use services and socialise,” says Sue.
“There is a growing trend toward mixed use centres where retail, entertainment, residential, civic, health and/or commercial facilities are combined on one site. These provide a high level of convenience for people who live, work or shop there and create places that are active on weekdays, weekends and in evenings.”
See the original article in full on the Herald Sun website (paywall).