Antifragile
Progress not perfection
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As I was driving yesterday, I was noticing mall after mall of empty store fronts.
Other than a bulldozer, what is going to happen with all of the vacant commercial real estate all across the country? It’s only going to intensify.
Retail is going through a major transformation
Retail that’s doing fine:
- Experience & buy (often online)
- Food service
- Service
- High street
- Convenience (think gas stations off highways, fast food joint in high traffic areas, drop by on the way to work convenience shopping etc)
- What you described
- Big box anchored malls in “destination” areas away from city core
- Strip malls in rural areas not anchored by food (think tanning salons in what looks like deserted suburbs).
What to do?
Repurpose to the best and highest use. Municipality should allow mixed use zoning. Add residential higher density when possible etc.
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