Retail Traffic Magazine reports that the indoor mall, long declared dead, has weathered the storm of the recession better than expected -- and better than many retail concepts imagined as the next big thing.
Elaine Misonzhnik writes, "In the first quarter of 2010, regional malls posted an average vacancy rate of 6.0 percent, a 130 basis points below the vacancy rate for specialty centers and 170 basis points below the vacancy rate for U.S. retail space overall, according to a report from the CoStar Group, a Bethesda, Md.–based research firm."
Why? One interviewee explains that many traditional malls were built at a time when the prime locations were still available and they continue to benefit from the demographic draw.
FULL STORY: Developers Rethink the Mall for the 21st Century

Maui's Vacation Rental Debate Turns Ugly
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
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Bend, Oregon Zoning Reforms Prioritize Small-Scale Housing
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Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

LA Denies Basic Services to Unhoused Residents
The city has repeatedly failed to respond to requests for trash pickup at encampment sites, and eliminated a program that provided mobile showers and toilets.
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