Fewer and fewer malls are being built in the U.S., and as they fade from the American landscape, retailers feel the pain.
"Moribund malls have not gone unnoticed amongst industry analysts and Web sites like Deadmalls.com that feature photos of hundreds of now-abandoned sites. But what were once just worrying signs appear to have finally flat-lined. Last year was the first in half a century that a new indoor mall didn't open somewhere in the country-a precipitous decline since the mid-1990s when they rose at a rate of 140 a year, according to Georgia Tech professor Ellen Dunham-Jones, coauthor of the forthcoming book "Retrofitting Suburbia," which focuses on the decline of malls and other commercial strips. Today, nearly a fifth of the country's largest 2,000 regional malls are failing, she says, and according to the International Council of Shopping Centers, and a record 150,000 retail outlets, including such mall mainstays as the Gap and Foot Locker, will close this year. Xanadu, whose officials declined NEWSWEEK's requests for comment, has named just nine tenants for its 200 spaces."
FULL STORY: Is The Mall Dead?
Innovative Approaches May Save Physical Retail
In places like San Jose, "new approaches to the storefront" are paying dividends for physical retailers willing to experiment.
Are Malls and Streets Destined to Merge?
While much has been made of the suburban shopping mall's decline, successful urban retail spaces are taking their inspiration from the humble city street.
On the Life Cycle of Suburban Malls
Using Greenwood, Indiana as an example, Eric McAfee discusses how the value of individual suburban malls depreciates over time. Shiny new shopping centers compensate for inevitable vacancies in older ones.
The End of Single-Family Zoning in Arlington County, Virginia
Arlington County is the latest jurisdiction in the country to effectively end single-family zoning.
‘Train Daddy’ Andy Byford to Oversee Amtrak’s High-Speed Rail Efforts
Byford, who formerly ran NYC Transit and Transport for London, could bring renewed vigor to the agency’s plans to expand regional rail in the United States.
Seattle Bus Lane Cameras Capture Over 100,000 Violations
An automated traffic enforcement pilot program caught drivers illegally using transit lanes more than 110,000 times in less than a year.
Immigration Grows, Population Drops in Many U.S. Counties
International immigration to the country’s most populous areas tripled even as major metropolitan areas continued to lose population.
$616 Million in Development Incentives Approved for District Detroit
The “Transformational Brownfield” incentives approved by the Detroit City Council for the $1.5 billion District Detroit still require approval by the state.
Affordable Housing Development Rejected for Lack of Third Staircase in Connecticut
The New Canaan Planning Commission rejected a development proposal, including 31 below-market-rate apartments, for lack of a third staircase, among other reasons, at a time when advocates are pushing to relax two-staircase requirements.
Houston-Galveston Area Council
City of Malibu
Association of Metropolitan Planning Organizations
HUD's Office of Policy Development and Research
HUD's Office of Policy Development and Research
HUD's Office of Policy Development and Research
City of Spearfish
City of Lomita
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