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Abandoned Strip Malls To Housing?
Deerwood Realty and Friends
Deerwood Realty and Friends
Abandoned Strip Malls To Housing?
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Join us in a critical exploration of the ambitious idea to transform America’s declining strip malls into housing developments. This episode casts a skeptical eye on a recent report suggesting that converting a mere 10% of vacant strip malls could yield over 700,000 new homes. While this concept offers a novel solution to the housing affordability crisis, it raises several questions about feasibility, regulatory challenges, and practicality. We dive deep into the hurdles of zoning laws, community support, and complex financing structures that make such conversions far from straightforward. Featuring examples like Santa Ana, California, and Irondequoit, New York, we examine if these projects are unique successes or replicable models. This discussion is essential for anyone intrigued by urban planning, residential real estate, housing affordability, and the realistic potential of converting retail spaces to residential areas in the face of a shifting economic landscape.

#StripMallSkepticism #HousingCrisisSolutions #UrbanPlanningDebate

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News and Commentary

https://www.businessinsider.com/dead-strip-malls-housing-market-construction-real-estate-cities-suburbs-2023-11

Here is a documentary on the Jamestown Mall I referenced in this episode
https://youtu.be/Llvi6S2nHAE?si=tFUvPxtKitqnZRxu

Drop me a line @ media@deerwoodrealtystl.com
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