Malls Half-Baked: In Search Of Alternative Realities

7 August 2002 - 10:00am

The apocalyptic decree that 50% of America's 1,500 malls would go dark by the new millennium resulted in few fatalities. Ironically, in fact, the doom gave way to a boom...

Extremist predictions of doom are understandable considering that the average mall experience is nothing short of a personality bypass...But developers aim to correct this by following the oracle's advice appearing at the entrance to Apollo's Temple at Delphi: "Know Thyself -- Nothing in Excess." Being billed as the "re-malling" of America, the current cycle is heavily experimenting with new prototypes to rescue this once venerable suburban icon from shopping obscurity...[But] ... evolutionary trends reveal that the mall model is not dead, it's just half-baked...

Source: REIS, August 6, 2002
Bookmark and Share
It's all too easy for projects to claim that they will be successful places, and all too hard to tell ahead of time which ones actually will.