Posted on Dec 5, 2024
Why developers are turning to shopping malls to fix the housing crisis
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"The classic American mall is undergoing a dramatic transformation as real estate developers swap out dying department stores for apartments, ushering in an era where living at the mall could soon become a new norm."
Why developers are turning to shopping malls to fix the housing crisis
Posted from cnbc.com
Commercial Real Estate
Housing
Shopping
Posted 1 mo ago
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If you can turn old factories and warehouses into "fashionable" Lofts and Apartments, a Mall should be easy. One client converted a Tobacco Dryer into Loft Apartments. It actually turned out pretty nice. Not my thing, but if I were single and worked downtown, it would be a consideration.
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