Albuquerque Malls Down, But Not Out

In an age when malls are going the way of 8-track players, several Albuquerque area malls are planning to keep competitive in the 21st century with bold new developments.

1 minute read

December 8, 2005, 12:00 PM PST

By Brenda Meyer

"The Congress for New Urbanism, a San Francisco nonprofit that tracks such trends, said in a 2000 study that out of 2,076 malls in the country, 140 malls were dying and another 250 were headed in that direction.

The study calls a dying mall a "greyfield," after "brownfields," the term to describe contaminated industrial sites. A greyfield is defined as a mall where annual sales per square foot have dropped to less than $150."

FULL STORY: Mall mortality

Monday, November 28, 2005 in The Albuquerque Tribune

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