Should vacant retail space be zoned for housing
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2018 Aug 23, 10:12am 880 views 2 comments
by tovarichpeter ➕follow (6) 💰tip ignore
With vacant retail space increasing exponentially (e.g. Toys R Us, OSH, Sears), should this space be re-zoned for housing, multi-family. Amazon is not going away and retail is not coming back.
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RecentCost
2018 Aug 23, 3:27pm
tovarichpeter says
I've heard they already have some projects where they are converting portions of abandoned malls into housing. It makes total sense.
It's real estate, the highest and best use will prevail.
With vacant retail space increasing exponentially (e.g. Toys R Us, OSH, Sears), should this space be re-zoned for housing, multi-family. Amazon is not going away and retail is not coming back.
I've heard they already have some projects where they are converting portions of abandoned malls into housing. It makes total sense.
It's real estate, the highest and best use will prevail.
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