Re:Mall landlords struggling to find takers at a price they’...
by selimthegrim on Tuesday June 12, 2018 @11:50AM
(#17294426)
Which mall was this? Randall? Parmatown? Tower City? Arcade sounds like one of the old downtown ones....
[ Parent
| on HN ]
Re:Mall landlords struggling to find takers at a price they’...
by dangus on Tuesday June 12, 2018 @12:05PM
(#17294623)
It's probably the 5th Street Arcades https://www.5thstreetarcades.com/
It's really a fantastic space, and it was basically empty just a few short years ago.
That said, its model is not necessarily a solution to suburban mall decay, as it was already part of a dense downtown with a growing residential population and a captive workday population that often uses the arcades as a walkway between Euclid and Prospect.
Many malls will never recover as the US simply has too much retail square footage. Along with that, they're not so great with property tax efficiency, where historic main street districts easily outperform them. There's a Strong Towns article out there somewhere about the subject (probably this one: https://www.strongtowns.org/journal/2018/4/23/bon-ton-gone)
Re:Mall landlords struggling to find takers at a price they’...
by touristtam on Tuesday June 12, 2018 @01:26PM
(#17295557)
It is facinating how the shopping mall model from 70/80s has been on a decline for the last 20 years: https://www.economist.com/node/10278717
Re:Mall landlords struggling to find takers at a price they’...
by technologia on Tuesday June 12, 2018 @11:54AM
(#17294487)
I think it is this one: http://www.flashstarts.com/
Looks like it is near Tower City