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In a region with multiple malls within a 30-minute drive, the strong will survive (longer, at least) but the weak are dying. The most upscale in a region is pr
by DrScump 9y ago
In a region with multiple malls within a 30-minute drive, the strong will survive (longer, at least) but the weak are dying. The most upscale in a region is probably doing fine.
Near SV, for example, Stanford Shopping Center and Santana Row are fine for now. In contrast, Westgate and Vallco are mere shadows of what they once were.
- amyjess 9y agoCan confirm. Dallas had a lot of malls. While a bunch are dying, there are a small handful that are as strong as ever. The Galleria, NorthPark, and Stonebriar are thriving (and Willow Bend is doing OK for now, though it's had turbulence in the past). The Galleria and NorthPark are both somewhat upscale (but with non-upscale sections), but Stonebriar isn't. Basically, all of the non-upscale shopping is being consolidated in Stonebriar. The people who used to shop at dead or dying malls like Prestonwood, Valley View, or Collin Creek now shop at Stonebriar. The market has shrunk a bit, so multiple locations aren't desirable, but the market for these stores does exist, just all concentrated into one location.