A Chicagoland retail center is taking advantage of consumers’ growing desire to better themselves by clustering fitness, health and beauty tenants in a “self-care precinct.”
Pacific Retail Capital Partners and Clifton Realty Management have added a 12,000-square-foot “self-care precinct” to Yorktown Center, a 1.5 million-square-foot, two-level shopping center in Lombard, Ill.
The addition enables shoppers and local residents to have all their self-care needs met in one place. The tenants providing these services are Amazing Lash Studio, CycleBar, European Wax Center, Orangetheory Fitness and The Barre Code.
“We have seen these concepts cluster together in traditional strip centers, but rarely are they combined in a lifestyle center such as Yorktown Center,” said Gary Karl, COO of Pacific Retail Capital Partners. “We predict that consumers will soon see this self-care precinct trend take a higher focus in other high-profile retail centers across the U.S.”
The self-care industry is a $10 billion market, observes Karl, adding that Millennials lead the pack in self-care spending.
“We have seen these concepts cluster together in traditional strip centers, but rarely are they combined in a lifestyle center”
“We are constantly innovating to uncover ways to bring new life into underutilized areas of any retail center we manage,” Karl said. “Self-care is one of the fastest-growing segments in consumer spending today and is continuing to rise with the increasing popularity of boutique fitness and membership-model health and beauty businesses.”
Yorktown Center further caters to the healthy-lifestyle sector in various other ways, such as a program of services and support for mothers at every stage of motherhood, including free community classes during Yorktown Center events in the property’s center court. A private powerlifting club, specializing in strength training, competition training and seminars, is available too, and a walking program, in partnership with Humana, is in the planning for this year.
Moreover the center is finalizing plans to bring in a 40,000-square-foot fitness concept this summer.