What is the size range for a Neighbourhood Centre?

A Neighbourhood Centre typically falls within a size range of approximately 30,000 to 100,000 square feet. This category of retail and commercial space is designed to serve the local community by providing a variety of everyday goods and services. The size is optimal for accommodating a mix of stores such as grocery stores, pharmacies, and other essential retailers without overwhelming the neighborhood's layout and accessibility.

Neighbourhood Centres aim to offer a convenient shopping experience while maintaining a sense of community. Their size allows for a balanced mix of tenants that can meet the needs of residents while also fostering an inviting atmosphere. This distinguishes them from larger retail centers or malls that cater to broader markets and often exceed these square footage limits.

Understanding the characteristics that define different types of centers is crucial in property management and urban planning, as these distinctions help in zoning decisions, leasing strategies, and community development assessments.