Those in and around the retail industry say the recent trends toward mixed-use, urbanized development and the growth of “milennials” among consumers in the post-recession years add up nicely for Arlington.
Bruce Leonard, a managing principal at Streetsense, a real estate, retail and marketing firm, gave a lecture at George Mason University’s Arlington campus last month called “the changing face of retail.” He contended that the retail market is catching up to the real estate market in seeking urban, walkable centers.