Randall Park Mall, Cleveland
There are many struggling retail malls across the US, some shuttered, some limping along and not competing well in the retail marketplace. The strong players out there, such as Fashion Place in the Salt Lake City metropolitan area, or Lenox Mall-Phipps Plaza in Atlanta, hit their stride long ago and reinvestment keeps them agile and relevant. This ULI post looks at a few strategies for those locations that need repositioning and a big boost. There are takeaways worth considering, depending upon your local economic and social situation. Some of these are very imaginative!
You can leave a response.
Be the First One to Leave a Comment!