LOS ANGELES — A decade after the nation’s premier lifestyle center, The Grove, opened, Rick Caruso still doesn’t get exactly what a lifestyle center is, but he’s convinced it’s something that’s here to stay.
“I don’t really know what the definition is. Some definitions, I hear there is no anchor. Some definitions, there is an anchor. Some are not more than 300,000 square feet,” said Caruso, president and chief executive officer of Caruso Affiliated, owner of 13 residential and retail properties in Southern California, including The Grove and The Americana at Brand. “We are building what we know the guest responds to, which is an environment that feels more like a street and is architecturally real, has great landscaping and is programmed. Every day there is something happening on the property. I think that if that’s the definition of a lifestyle center, it will be successful forever. It’s natural to the human being — how the human being lives and works and plays.”
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