We were surprised to see this articlein a Chicago-area newspaper about a lifestyle center comingalong in the suburb Mt. Prospect. CastoLifestyle Properties' $190-million Randhurst Villageis apparently on target for an opening in the spring of 2011.Itsounds like many of the anchor tenants are in place, like AMCTheatres, Sports Authority and a Hampton Suites hotel, but Casto isstill looking for some smaller stores to sign.We'veheard that lifestyle centers are, and will be for quite some time,the hardest-hit asset type in the retail sector because ofoverbuilding in areas that couldn't support them. But maybe itdepends on the location? Mt. Prospect is certainly in a denselypopulated area in Chicago's Northwest suburbs.Do you think thisproperty type can survive, or were these centers way toooverbuilt?

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