Austin Khan Austin Khan is the CIO of the Laurus Corp.

LOS ANGELES—Retail is undoubtedly changing, and retail developers and operators are shifting their retail strategy to fit into the new needs of consumers. The Laurus Corp. is focusing on the new retail experience with the $30 million renovation and repositioning of the Howard Hughes Center. The new center will become a community-gathering place with a curated tenant mix that will attract local residents looking for something that can’t be replicated online, according to Austin Khan, CIO of the Laurus Corp. To find out more about the repositioning plans for the center and about the changing retail landscape, we sat down with Khan for an exclusive interview. Here, he tells all about the design for the center and how it epitomizes the new wave in retail design.

GlobeSt.com: What is your vision for the Howard Hughes Center?

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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