Friday, May 22, 2009

Southridge a "Dead Mall"?


This map/chart tells us that Southridge may be a "dead mall."

The main story makes a few points, one of which is that enclosed malls are .....not so hot, and that if the mall isn't turning $284.00/square foot, it's simply not viable.

Evidently Southridge is not hitting the nut.

HT: CalcRisk


Neo-Con Tastic said...

Wow, I really would expect The Shoppes of Grand Avenue to be on the list. Just in the last six months, they have lost two major tenants - Old Navy and Linens n Things - with speculation that Boston Store has one foot out the door.

I walk through the Grand to get a sandwich at the food court (the only area of the mall that's ever busy) and my shopping selection is as follows:

Cellular Phones

Not a big selection. The rest of the shops are sadly abandoned. I think the best solution would be to throw millions of tax dollars at the building. Let's see what that does.

Neo-Con Tastic said...

Watches should actually be on the list at least three more times but you get the point.