Over the past few weeks we’ve been talking about the future of the mall on this blog. It’s a topic that I’m very interested in.
Yesterday the Wall Street Journal published an article talking about the trend of converting retail/shopping facilities to logistic centers.
Here’s an excerpt:
“In Mesquite, Texas, FedEx Corp. next month will open a 340,000 square-foot distribution facility on what once was the site of the former Big Town Mall. Located along U.S. Highway 80 in Texas, the mall declined after newer malls were built nearby. It was demolished in 2006 and the land was later rezoned for industrial use.”
It turns – and we’ve talked about this – that good retail locations are also good distribution locations. They are usually located close to humans and infrastructure.
Here’s another example from the article:
In North Randall, Ohio, Amazon.com Inc. is considering the site of the former Randall Park Mall as a fulfillment center, according to Port of Cleveland, a local government agency focused on spurring job creation and economic growth in Cuyahoga County. Amazon didn’t immediately respond to requests for comment.
For a short time when it opened in 1976, Randall Park Mall was the largest shopping center in the world and had been “a thriving heartbeat” for the local economy, according to Mr. Davis. But the mall closed in 2009 as stores struggled with fewer shoppers.
Assuming this trend continues and people continue to buy things online, one has to wonder about the placemaking that should or needs to happen in these areas.
Earlier this week I posted this teaser photo on social (full photo above) and said to stay tuned for a big announcement. Well, that announcement is here and you can read all about it over on the Globizen blog. Please let me know what you think in the comment section below.
Back before the 2008 financial crisis, I did a short stint working for a real estate developer in Dublin, Ireland.
Most of our projects were in Ireland, but our consultant teams were sometimes from all over.
One day we were having a meeting with our architect from Germany and we started talking about a particular project’s green space.
But this wasn’t the sort of green space that was supposed to be actively used. It was a green space that, I guess, you were just supposed to look at and admire for its greenness.
So one of my Irish colleagues asked, while referencing the proposed design: “How are we going to keep people off the grass?”
Our German friends didn’t immediately appreciate the concern and responded with: “What do you mean?”
Irish: “How will we stop people from walking and hanging out on the grass?”
German with serious face: “Oh. We will put up a sign.”
At that point, every Irish person in the room just started laughing and more or less said: “Yeah, that’ll never work.”
Cultural differences can be subtle.