Phoenix Struggles to Fill Its Big Vacant Boxes

Phoenix has a sizable dilemma, how to fill the growing number of closed supermarkets, electronics superstores and mega bookstores that continue to weigh down the area's real-estate market, reports Max Jarman.

According to Jarman, "Empty big boxes of 10,000 square feet or more represent almost half of the total vacant retail space in metro Phoenix," and with areas such as Chandler entirely over-retailed, the problem continues to grow, with no easy solution in sight.

The dilemma facing Phoenix is a result of larger forces transforming the retail landscape, and of factors unique to the area, where "The vast majority, 71 percent of the almost 8.6 million square feet of vacant big-box space, could be considered challenged because of location, age, configuration and other factors."

For the reasons outlined above, it's highly unlikely that retail uses will return to many of the vacated properties. Conversion or redevelopment as offices, schools, or housing are increasingly appealing alternatives to stabilize and revive distressed communities.

Full Story: Vacant stores pose big-box dilemma


Brand new! Urban Grid City Collection

Each city has its own unique story. Commemorate where you came from or where you want to go.
Grids and Guide Red book cover

Grids & Guides

A notebook for visual thinkers. Available in red and black.

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!