Monday, April 18, 2016

Mall construction bucks trends

Image result for Regional mallsRather than build massive enclosed shopping centers amid a sea of parking lots, developers across the region have looked increasingly toward walkable mixed-use districts, with homes, businesses and shopping on top of one another.

To some extent, the numbers bear this out. From 2000 to 2009, an average of about 18.2 million square feet of mall space came online nationally, according to CoStar Group. Last year, it was down to 3.4 million.. . . more

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