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You say "no matter how much cash you throw at renovation", but I think you may be underestimating just how much Fortnite alone makes, apparently in 2019, Fortni
by Gabriel_Martin 6y ago
You say "no matter how much cash you throw at renovation", but I think you may be underestimating just how much Fortnite alone makes, apparently in 2019, Fortnite brought in revenues of $1.8 billion. With costs of labor in NC, I'm betting they're feeling pretty confident about the renovation.
- Animats 6y agoIn 2020, Epic's revenues were somewhere above $4 billion. I'm sure they got that mall really, really cheap. Here's the current store list.[1] They're down to 22 small tenants, including the co-working space and the model train club. [1]https://www.shopcarytownecentermall.com/directory https://www.shopcarytownecentermall.com/directory
- wtallis 6y agoI've seen a $95 million figure reported for Epic's purchase. They're buying it from a group who picked it up in 2019 for $31.5 million after IKEA cancelled plans to build a store there.
- hakfoo 6y agoThey're pushing out a model train club? That's full moustache-twirling evil. Serious pivot: there are a lot of hobby, public-service, and charitable organizations which could use permanent, cheap space with minimal features: woodworking and craft groups, maker spaces, library branches, model train clubs, indoor community gardening, political party offices, various service organizations. Why is there no efficient strategy to get them into the large number of empty mall spaces?
- justin66 6y ago> Why is there no efficient strategy to get them into the large number of empty mall spaces? That's not uncommon, it's just that it usually presages the malls being sold and torn down because they aren't earning any money.