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Thursday, Nov 30, 2023

Preview: CityWalk: Next Step

Universal CityWalk is reworking its tenant mix and adapting to public transit even as it celebrates 26 years since opening. Essentially a walkway between the parking garage and the Universal Studios Hollywood theme park, CityWalk has become a destination of its own for regional shoppers and diners. “It was a pioneer in the world of experiential retail,” Professor Felipe Caro at UCLA Anderson School of Management told the Business Journal. “In hindsight, it was a good choice because now it’s well known that malls need a strong experiential component to compete with e-commerce.” Read the full story in the Oct. 28 issue of the San Fernando Valley Business Journal.

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.

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