LAS VEGAS—In preparation for the upcoming ICSC RECon event nextweek here in Las Vegas, we caught up with GregLyon, principal and retail design director atNadel Architects, who has worked with some of themost prestigious brands in the industry—most notably UniversalStudios, where he designed retail and entertainment components forUniversal projects in international markets. He tells GlobeSt.comthat the message this year at ICSC should be one ofincreased confidence.
Not only that, he says, but expect increased transactions, and afar greater presence on the leasing floor of new ground up retaildestinations under development than seen since the onset of therecession.
He explains that “With the dramatic decrease in existing surplusinventory, the continuing demand for space with retailers isharkening a new wave of ground up centers. This is hopefully atrend that will continue and exponentially expand in the years tocome.”
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