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Strip mall remodel a sign of the times

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Friday, August 10, 2012

The old Wizer's shopping center in Lake Oswego underwent a major remodel.

The result is a revitalized shopping center that opened in June as Lake Grove Village Plaza. It sits in the footprint of the original 1960s-era strip mall, but has a new 21,000-square-foot Zupan’s Market as an anchor and a modern, pedestrian-oriented influence.

The project is something of a sign of the times. Increasingly dense communities are expected to continue to seek alternatives to vehicle-oriented strip malls. Local real estate experts say owners of such shopping centers would be wise to follow in the footsteps of Lake Grove Village Plaza.

Read more at The Daily Journal of Commerce.

Read more about the decline of strip malls.

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