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Exactly, turning them into parking spaces comes to mind in areas where parking is awful. Museums or even a botanical garden. It's hard to feel bad for landlords

Exactly, turning them into parking spaces comes to mind in areas where parking is awful. Museums or even a botanical garden. It's hard to feel bad for landlords who throw in the towel before thinking outside the box. I'm sure online retail giants wouldn't mind buying more warehouse space in prime locations either.

macintux 8y ago
I don't blame a mall operator for not wanting to invest huge sums of money in renovations in order to run an entirely different, probably much less profitable, kind of business.
- lostapathy 8y ago
  Much less profitable than owning an empty building?
  - drblast 8y ago
    No, less profitable than not owning it.
  - macintux 8y ago
    Owning an empty building can be cheaper than owning a building that requires maintenance and more insurance because it's in use.
coredog64 8y ago
Retail could turn their model on it's head. Rather than consumers coming to the mall, retailer has micro depot and delivers to local customers. The only question is whether or not you can make use of all the parking. If not, then probably not capturing the entire value of the existing infrastructure.