Dave Moore Moore: “You keep things flexible enough to grow and adapt in the future so that you’re never really stuck in a place that you can’t come back from.”

IRVINE, CA—Mixed-use development has become more accepted even in suburban environments, featuring product types that include hotel, office, apartments, retail and more, Irvine Co.’s president of retail properties Dave Moore tells GlobeSt.com. The company recently announced a major $150-million reinvestment in Irvine Spectrum Center—celebrating its 20th anniversary—that will feature more than 20 new stores, new landscaping, outdoor seating and shade areas, state-of-the-art amenities and circulation and parking-garage improvements. The reinvestment will also entail more than 20 carefully curated stores located within two new buildings on the current site of Macy’s, which announced recently the closure of 40 stores nationwide, including the one at Irvine Spectrum Center.

We spoke exclusively with Moore about his firm’s approach to repositioning and reinventing vacant retail sites, the strategies that work and don’t work and trends in repositioning big-box space.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

More from this author


GlobeSt. NET LEASE Fall 2023Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.