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After all, those centers have emerged as the places where all of these players to be.
"Shoppers aren't going to abandon centers that offer a premier shopping experience and the most pleasant and comfortable surroundings," he said.
"There is an elegance to it, and you feel it," said Gerhart, who had grown up near the mall in the late 1960s and who was in town for a weeklong vacation.
The Plaza, the oldest portion of the complex, opened in 1963 as a modest open-air shopping mall anchored by JCPenney.
The 155,000-square-foot connector ties it all together.
On the project's price, Contis responded, "We're on time, on budget, and spent exactly what we planned to spend.
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Connecting the two malls and including new retailers and restaurants will provide a level of excitement that today's consumers are looking for." A recent study, called the Deloitte Retail Volatility Index, showed that retailers that offered consumers a more exciting and different shopping experience in person than they could get online had revenue growth rates of more than 10 percent during the 2010-2015 period, compared with 3.5 percent for the value-oriented stores.
As malls nationally feel pressure from the shuttering of anchor stores and shoppers' discovering of the internet, Contis said KOP faced the opposite problem: It needed to build the corridor because of demand.
He estimated that 7 percent to 10 percent of tenant leases expire each year at KOP, and about half are renewed, leaving only 3 percent to 4 percent of space for newcomers.