"It affects everything we do," said Mandelbaum, who is alsoco-chair of ICSC's New Jersey Next Generation Chapter. "How willthings change?" he asked panelists. The general message was that itcould force developers to put more uses on-site besides retail,including entertainment and other interactive uses.

"Our focus has been on downtowns," said Reed Cordish,third-generation VP of the Baltimore-based Cordish Co. "People canlive, work, be entertained and more. As gas becomes more of anissue, density and walkability become more important."

Indeed, one of Cordish's major projects is located in thisseaside gaming mecca. The two-phase, 670,000-sf Atlantic CityOutlets-The Walk boasts a number of stores that "do the highestper-sf sales in their chains," Cordish said.

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