How Will Property Owners and Cities Fill in the Holes Left Behind by Malls?

Article originally posted on Phoenix Business Journal on November 24, 2021

Showrooms and experiential retail, green space, mixed-use development, hybrid fulfillment-retail centers: There’s no shortage of ideas about what will make the post-pandemic mall a success.

Moody’s Analytics estimates some 20% of approximately 1,000 malls in the U.S. today will be sold or repurposed in some way.

Elected officials and other stakeholders in towns and cities across America are actively lobbying for new uses for malls on the brink or that’ve already failed.

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