SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Madharry who wrote (72310)2/28/2023 9:34:54 PM
From: E_K_S  Read Replies (2) of 78686
 
Re:MAC - Converting Malls to Living areas

Living At The Mall? Only In California...

Real estate developers in Orange County, California are about to make some dreams come true, after the City Council adopted a plan to build thousands of apartments, lawns, walking trails and other amenities at the Westminster Mall.
The new mall would contain at least 600,000 square feet of retail space, up to 3,000 residential units, and up to 425 hotel rooms - all surrounded by a 17-acre park.
According to Shopoff Realty Investments CEO, Bill Shopoff, upscale malls thrive because "they have entertainment, food, there’s a reason to go there," adding "I think we need to do that in Westminster to create a sense of something."
Meanwhile, Simon Property Group is reportedly opening additional residential zoning in its Mission Viejo mall, and has proposed redeveloping 15.5 acres of the Brea mall to include apartments, a resort-style fitness center, shops and a large green space.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext