In a sign of confidence in the region's recovering economy, developers have resumed construction of a $150-million shopping center in Oxnard, Calif.
Work on the Collection at RiverPark, a large outdoor mall intended to look like a small-town shopping district, was halted in 2009 when the nation was in a recession. Consumers closed their wallets and retailers canceled expansion plans.
"There was a lot of fear in the markets in 2008 and 2009, and that has gone away," said Colm Macken, chief executive of Aliso Viejo developer Shea Properties. "We are seeing employment growth, and retail sales are increasing."
Most important for Shea: Retailers feel confident enough to sign leases for new stores.
Click here to read more. BD+C
Related Stories
Building Team | Apr 4, 2017
Dispelling five myths about post-occupancy evaluations
Many assume that post-occupancy (POE) is a clearly-defined term and concept, but the meaning of POE in practice remains wildly inconsistent.
Structural Materials | Apr 3, 2017
Best of structural steel construction: 4WTC, Fulton Center, Pterodactyl win AISC IDEAS2 Awards
The annual awards program, sponsored by the American Institute of Steel Construction, honors the best in structural steel design and construction.
Green | Mar 29, 2017
Copenhagen Zoo and BIG unveil yin yang-shaped panda habitat
The new habitat will sit between two existing buildings, including the Elephant House designed by Norman Foster.
Architects | Mar 28, 2017
A restroom for everyone
Restroom access affects everyone: people with medical needs or disabilities, caretakers, transgender people, parents with children of the opposite gender, and really anyone with issues or needs around privacy.
High-rise Construction | Mar 27, 2017
Density and tall buildings
CRTKL’s Maren Striker examines Europe’s desire to build upward.
Architects | Mar 9, 2017
Watch Frank Lloyd Wright and Buckminster Fuller discuss architecture in animated video shorts
Given more time, Wright wanted to rebuild the country and change the nation.
Architects | Mar 6, 2017
Demolished Frank Lloyd Wright buildings get new life with photorealistic renderings
Architect David Romero recreated the Larkin Administration Building and the Rose Pauson House with detailed, fully colored renderings.
Building Team | Mar 6, 2017
AEC firms: Your website is one of the most important things you'll build
Don’t believe it? You’d better take a look at the research.
Architects | Mar 3, 2017
Hoffmann Architects’ Leadership Elected President of Three Industry Organizations
Maureen Dobbins, Lawrence Keenan, and Arthur Sanders to lead chapters of BOMA, AIA, and ICRI.
