2022 Year in Review: Dominic Coluccio, Lesso Mall Development

How has your career path changed in 2022? 

While my career path has not changed in 2022, my personal and professional approach has. I’ve tried to manage my daily responsibilities more efficiently by setting attainable but still ambitious goals. I’ve also surrounded myself with a motivated and highly positive professional and social network. As my real estate career continues to evolve, and my professional efforts and dedication come to fruition, rather than seeking personal fulfillment, I find myself experiencing more joy in the process and development of the projects I’m spearheading, knowing the great impact it will have on stakeholders including its many economic benefits. I’ve also worked to nurture more opportunities for the developer, local community and government.

What emerging trends will drive investment and development in 2023?

Commercial properties, including traditional malls, will continue to be repurposed to meet the needs of local communities, new shopping patterns and changing demographics. Expect lifestyle and entertainment-focused tenants and more restaurants. Additionally, landlords will focus on tenant and government relations as well as strengthen community partnerships to maximize the property’s performance and obtain approvals redevelopment.