These are difficult to get accepted. Here is the clarification:
Pay special attention to “The supporting text should demonstrate why these are great places to be social and not just to conduct business.”
I am not sure why you named it #1. Typically one sign will represent the plaza.
Your description pretty much just says people go here to shop. Why is this important to the community? Maybe mention the restaurants here, and if there is other cool stuff to do.
I know the prompt asks why would this be a good pokestop, but you should really be saying why this would be a great Wayspot and not mention Pokemon Go at all. Parking, foot traffic, and a need for Pokemon Go locations do not address how this nomination meets criteria as a great place for exercise, exploration, or being social. We have been asking them to change this confusing prompt for years.