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Power centre |
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It has been suggested that this article or section be merged with retail park. (Discuss) |
A power centre (or power center1, also known as a retail park) is an unenclosed shopping centre with 250,000 square feet (23,000 m2) to 750,000 square feet (70,000 m2) of gross leasable area2 that usually contains three or more big box retailers and various smaller retailers (usually located in strip malls) with a common parking area shared among the retailers. It is likely to have more money spent on features and architecture than a traditional big box shopping center.3
Power centres function similar to a traditional shopping mall, but more closely resemble open-air malls and lifestyle centres, rather than the modern enclosed shopping malls of today.
In recent years, it has become quite common for an older shopping mall to expand as a power centre, adding big-box stores, category killers and strip malls to the parking and open areas, rather than to add anchors and new retail space to the existing mall facility. Puente Hills Mall and Del Amo Fashion Center in Southern California are good examples of this. Another example is Seven Corners Shopping Center in suburban Washington, D.C.4 Power centres are almost always located in suburban areas, but occasionally redevelopment has brought power centers to densely populated urban areas.
Some new power centre developments have attempted to re-create the atmosphere of an old-town Main Street, with varying levels of success.
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