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."", ",y ~ , "., _._. . liviocities.htz}rtaFaafs;Latq'. ,~.~IIALLS: Cities`lead.th~ c~i~Cge on :filling space George Sherman said Falcon Heights got involved in the redevelopment of . Northome Shopping Center, shown above, to prevent the center's decline.:...:. evely ors, =cities revive ~. p Sri r~alls o drew ~ ra~fic- p 0Y NICOLE 6AnnISON STAFE REPORTER Jn areal-estate mazket increasingly domi- nated by mixed-use development, lifestyle centers and resurgent downtown retailing, 1950s-era strip malls Gave become obsolete. The central cities and imter-ring suburbs, in pazticular, are faced with a slew of half- emptyaging malls. These properfles can lead to die deterioration of surrounding residen- tial neighborhoods and drag down property values. Savvy developers and city administrators are workbrg to redevelop or revamp aging strip complexes to make them more compet- itive. The idea is to attract Idgher profile, national tenants that will pay lugher rents and attract more shoppers. Creathig neighbor- hood retail centers also helps meet the sur- roundingresidents' needs. The attention tlrat aging strip centers have received in the past few yeazs is necessary if the complexes are to compete with newer forms of retail, experts say. With roughly 5h percent more retail space per person today that there was 15 years ago, consumers have found that they lrave an endless array of choices, said Michael Bayer, senior resident • fellow at -The Urban Land lnstt[ute , ut Washhtgton, D.C. "There simply isn't as much basins§s," ' Bayer said. "When you combine all tlresenew forms of retailing with the oversupply of retailing, you can understand whyolder obso- leteproperties am suffering." Puhliclprivate partnerships Some cities are taking an increasingly pub- ' Bc role in the redevelopment of the centers. ' The city of Palcon Heights helped speaz- head the redevelopment of Northome Shopping Center, located on the southeast comer of Snelling and Larpenteur avenues. The 60-year-old site consists of two parcels: the shopping center parcel owned by JEM- JAHS Partners in Minneapolis and the Dinos restaurant parcel owned by Dino Adamidis. The city of Falcon Heights became interested in the redevelopment of the strip mall about three years ago, when the shopping center portion was put on the mazket. While fine city doesnt own the site or have control o£ it, administrators wanted to make sure that whoever purchased the shopping center would redevelop it iota something MALLS ~ PAGE 26 scheduled Biigltop; h a siiialler nd a fined-- dents wifft iurpnrlfo- i1 to repo-.; EngelsNa;' ; jest _ "it's -- 2- :.