Underutilized malls are becoming housing units - New York Post

Dec 9, 2024 · Once the epicenter of suburban life, these sprawling shopping centers are now being transformed into mixed-use hubs, combining housing, retail and entertainment in a bold …

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InForum - $56.6 Million Housing And Retail Complex Planned.

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$56.6 million housing and retail complex planned to replace Herberger's at Fargo's West Acres Shopping Center An ownership group that includes West Acres Development is seeking $6.5 …

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WDAY TV News - $56.6 Million Housing And Retail Complex.

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$56.6 million housing and retail complex planned to replace Herberger's at Fargo's West Acres Shopping Center https://trib.al/ZduxqyF

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$56.6 Million... - Jay Nelson Fargo Commercial Realtor - Facebook

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$56.6 million housing and retail complex planned to replace Herberger's at Fargo's West Acres Shopping Center.... $56.6 million... - Jay Nelson Fargo Commercial Realtor

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$56.6 Million Housing And Retail Complex Planned To Replace …

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An ownership group that includes West Acres Development is seeking $6.5 million in tax increment financing for the project. Get access to our best features. Get Started. Enable …

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Jay Nelson, CCIM On LinkedIn: $56.6 Million Housing And Retail …

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$56.6 million housing and retail complex planned to replace Herberger's at Fargo's West Acres Shopping Center. https://lnkd.in/ez9e_e8F

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Jeff Carriveau On LinkedIn: $56.6 Million Housing And Retail …

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President & Owner at HJ Development Collaborative Leader in Commercial Real Estate, Property Management, Property & Retail Development, Property Acquisition, Land Acquisition, Property …

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$425M Housing And Entertainment Complex May Replace …

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The Westbrook Outlets may soon be replaced by a $425 million proposed housing, retail and entertainment complex. ... Lexington Partners proposed a plan that would include nearly 600 …

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FAQs about Underutilized malls are becoming housing units - New York Post Coupon?

How many malls are incorporating housing into their spaces?

Across the country, at least 192 malls have announced plans to incorporate housing into their spaces. Between Denver and Boulder, Colorado, Flatiron Crossing has developed HiFi: a mixed-use, 345-unit luxury multifamily community on the site of the former mall. ...

Are real estate developers building housing in malls?

Real estate developers are building housing inside of or next to shopping malls as department stores like Macy's, JC Penney and Sears shrink or cease to exist. More people are living at American malls as real estate developers knock down department stores and construct apartment buildings in their place. ...

Why are more apartment projects being built in California?

Dozens more apartment projects are currently underway in California, Florida, Arizona and Texas. The trend not only helps to chip away the housing shortage in the U.S., but also brings people closer to the remaining retail and restaurant spaces in shopping centers. Say hello to life at the mall. ...

How many luxury apartments are being built in 2025?

In Phoenix, Arizona, the Paradise Valley Mall recently opened 400 luxury units, while Lafayette Square Mall in Indianapolis plans to debut 1,200 apartments by 2025, including affordable options in a former Sears. For developers, the numbers make sense. ...

Is America facing a housing shortage?

Opinions expressed by Forbes Contributors are their own. An unexpected find for homebuyers, at the mall. America is in the grip of a housing shortage, with a staggering 4.5 million homes needed to meet demand. Meanwhile, sprawling malls across the country are facing a bleak future, with nearly 34 million square feet of retail space vacant. ...

Could a former Carson's store be turned into housing?

His firm is turning a former Carson’s department store near Chicago into housing and cited a similar project at New Jersey’s Garden State Plaza. “They have excess land,” Parra said. “Instead of using it for retail, they’re putting in apartments. ...