COVID-19 world — but it probably won’t be enough to redirect the sector’s overall trajectory. So Are There Any Upsides to the Death of the American MallFeeling optimistic You could say that every problem creates an opportunity for great solutions. That said we may just have to reimagine shopping malls and repurpose those spaces to make them more useful in today’s world. Luckily this innovation has already begun.Presently there are malls — or sections of malls — being repurposed into affordable housing. Remember the Arcade Providence This historic.
Greek Revival-style building has been repurposed into a residential facility. The $7 million renovation Belize WhatsApp Number has resulted in 48 low-cost micro-lofts — the rent is about $550 a month for a one-bedroom apartment though there’s certainly an emphasis on shared spaces and a lack of personal in-unit amenities. Still the building remains mindful of its past by offering 17 retail shops and restaurants on its ground floor. A sign welcomes shoppers back to the Mall of America in Bloomington Minnesota on Wednesday June 10 2020. Photographer Emilie.
RichardsonBloombergGetty ImagesCalifornia hopes to hop on this trend and turn empty malls into affordable housing. But there are barriers. For starters rezoning malls into apartments isn’t easy. While California lawmakers want to tackle that issue through legislation it’s not the only hurdle. “Cities who don’t really want to let go of that sales tax revenue” David Garcia a housing researcher at the University of California Berkeley told Marketplace. That said some of these transformations might lead to more luxury-style apartments not affordable housing which isn’t optimal especially not for various areas in California. But apartments aren’t the only exciting solution when it comes to rethinking these vast spaces. Many malls have become offices for