A "lifestyle center" may be coming to a location near you.
"Nearly 20 percent of all regional malls in the nation are dying "greyfield malls," with sales of $150 per square foot or less, or approaching 'greyfield' status..." The solution? "Counter boredom" with "'lifestyle centers' that combine entertainment, restaurants and shopping, sometimes at an open-air, faux 'Main Street'..." This specialization could save America's malls. As one real estate professional put it: "...isn't that what the customer is telling us? They don't like regional malls because they all look the same."
Thanks to David Gest
FULL STORY: The era of malls is over -- what next?
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
New Park Opens in the Santa Clarita Valley
The City of Santa Clarita just celebrated the grand opening of its 38th park, the 10.5-acre Skyline Ranch Park.
U.S. Supreme Court: California's Impact Fees May Violate Takings Clause
A California property owner took El Dorado County to state court after paying a traffic impact fee he felt was exorbitant. He lost in trial court, appellate court, and the California Supreme Court denied review. Then the U.S. Supreme Court acted.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
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ULI Northwest Arkansas
Town of Zionsville
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