3 ms·
> But sometimes McDonald's falls, builfings fail, etc. The odds there are better though. The 6x6 mall in San Francisco is a great example of this. Someone buil
by Swizec 4y ago
> But sometimes McDonald's falls, builfings fail, etc. The odds there are better though.
The 6x6 mall in San Francisco is a great example of this. Someone built an entire mall next block to Westfield and it sat empty for 6 years. It's still empty today, but IKEA signs showed up a few months ago so it looks like San Francisco is getting a downtown IKEA.
Upfront investment: $150,000,000 according to [1]. Never got a single tenant or opened its doors.
[1] https://archive.curbed.com/2020/7/23/21334508/dead-mall-6x6-san-francisco https://archive.curbed.com/2020/7/23/21334508/dead-mall-6x6-...