TL;DR
Franchisors should consider the food hall trend, with 150 new food halls planned to open in the US before 2020. Commercial developers are embracing higher-end food courts, with lower build-out costs and rents.
While food courts aren’t a glamorous or memorable experience for most, food halls are becoming the social media –worthy meal that consumers desire. According to a recent Franchise Times article , commercial developers are embracing these higher-end food courts.
In the Chicago market, the Chicago French Market, the Atrium and Revival Food Hall are three destinations for this type of meal. While each one is very different from the other, all have different types of opportunities for franchising.
With 150 new food halls planned to open before 2020 in the U.S., Garrick Brown, vice president of retail research at Cushman & Wakefield, believes that this market should be on the radar of franchisors due to lower build-out costs and rents, as well as the fact that they are a great opportunity to test out new concepts in a small space.
In this story
This story was originally published in 1851 Franchise on April 13, 2017. Burnaze summarizes and links to the original reporting.
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