Mall vacancies are surging, so what to do with all that empty space? Apartment and condominium conversions could proliferate. Some developers were converting properties before the coronavirus pandemic hit, but the pandemic has made the concept more attractive, according to Bloomberg. Randy White, CEO of consulting firm White Hutchinson Leisure & Learning Group, said that “a lot of these malls thought restaurants and entertainment would be their savior, the new anchors.” “Those hopes are dashed,”
source https://therealdeal.com/2020/07/04/retail-to-residential-conversions-are-in-cards-at-americas-doomed-malls/
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