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Malls, seemingly, aren't a forever thing. Some malls might have "old market square" longevity to them, bit that's the exception. Most have 2-3 decades of prime
by netcan 5y ago
Malls, seemingly, aren't a forever thing. Some malls might have "old market square" longevity to them, bit that's the exception. Most have 2-3 decades of prime followed by several more of decline and/or other kinds of changes.
Fashions change, the competitive landscape changes, etc. Also, the investment/debt cycle changes things.
Malls should probably be designed with this in mind. EOL & redevelopment needs to be assumed from the start. For more permanent places to put retail, you probably need something different to a mall. Main streets, squares and/or other template with more municipal planning involved.
- ajsnigrutin 5y agoYep, plus people change... what was once a nice middle class neighbourhood in detroit, is now three crackhouses and hundreds of destroyed houses... people still livng there don't have money for expensive stores, and malls close down. Add to that a new mall, better, bigger and cheaper a similar distance away and the old one starts to decline https://www.youtube.com/c/BrightSunGaming/videos https://www.youtube.com/c/BrightSunGaming/videos <- a youtube channel recording abandoned buildings, among them many abandoned malls, some torn down and partly rebuilt as other stuff, some still standing, in their full glory (just with anything worth stolen, from copper cables on.