American Malls Reimagined: Mixed-Use Model Fuels Resurgence

American Malls Reimagined: Mixed-Use Model Fuels Resurgence

us.cnn.com

American Malls Reimagined: Mixed-Use Model Fuels Resurgence

American malls are undergoing a transformation, with 46% of redevelopments incorporating a "live, work, play" mixed-use model that includes residential units, medical facilities, and entertainment venues to attract younger consumers and combat the challenges posed by e-commerce.

English
United States
EconomyTechnologyReal EstateRetailUrban PlanningConsumer BehaviorGen ZMixed-Use DevelopmentMall Redevelopment
Jones Lang Lasalle (Jll)Pennsylvania Real Estate Investment Trust (Preit)Cooper University Health CareVirginia Mason Franciscan HealthSimon Property GroupMacerichAvalonbay CommunitiesNational Retail FederationCbl PropertiesGensler
Ray WimerJosh SchrierJoe AristoneKatie BucklewShlomo AngelDavid GloverStephen LebovitzRichard PeiserVanessa L. Deane
How are American malls adapting to compete with e-commerce and changing consumer preferences?
American malls, once struggling due to e-commerce competition, are experiencing a resurgence by incorporating mixed-use models. This involves adding residential units, medical facilities, and entertainment venues, attracting younger demographics and increasing foot traffic. Approximately 46% of mall redevelopments now utilize this strategy, according to JLL.
What are the key features and benefits of the "live, work, play" mixed-use model for mall redevelopment?
The shift to mixed-use malls reflects evolving consumer preferences and addresses the challenges posed by online shopping. By offering a blend of living, working, and entertainment options, these redeveloped spaces create vibrant communities and enhance dwell time, thus boosting retail sales. This strategy is particularly effective in attracting younger demographics, who value convenience and integrated lifestyles.
What potential challenges or drawbacks could arise from the increasing prevalence of mixed-use mall developments?
The future of malls hinges on their ability to adapt to changing consumer needs and create engaging, multifaceted spaces. The success of mixed-use models suggests a trend toward integrated communities, where retail is interwoven with residential, commercial, and recreational elements. However, challenges remain, such as managing increased traffic and ensuring sufficient infrastructure to support these developments.

Cognitive Concepts

3/5

Framing Bias

The article's framing is largely positive, highlighting the successful transformations of malls into mixed-use spaces. The headline itself, while not explicitly biased, subtly steers the reader towards a positive outlook. The use of positive language like "revisited," "revamp," and "comeback" reinforces this positive framing. While it acknowledges challenges, the overall tone and structure emphasize the successes of the mixed-use model.

1/5

Language Bias

The article uses predominantly neutral language but occasionally employs positive phrasing that subtly favors the mixed-use model. Words like "revamp," "thriving," and "successful" create a positive connotation. While these are descriptive, using alternative words like "changed," "evolving," or "successful and unsuccessful examples" might provide a more balanced perspective.

3/5

Bias by Omission

The article focuses heavily on the success stories of mixed-use mall redevelopments, showcasing examples of thriving projects. However, it omits discussion of failed or struggling projects, which would provide a more balanced perspective. Additionally, the article doesn't delve into the potential negative impacts on existing communities, such as increased traffic or strain on local infrastructure, beyond brief mentions. While acknowledging space constraints is valid, the absence of these counterpoints creates a somewhat skewed narrative.

2/5

False Dichotomy

The article presents a somewhat simplified view of the mall's evolution, suggesting a clear shift from traditional retail to the mixed-use model as the only viable solution. It overlooks other potential models or strategies for mall revitalization, implying that mixed-use is universally the best approach. This ignores the nuances and complexities that might make other approaches suitable in different circumstances.

Sustainable Development Goals

Sustainable Cities and Communities Positive
Direct Relevance

The redevelopment of malls into mixed-use spaces incorporating residential, commercial, and recreational elements directly contributes to sustainable urban development. This approach promotes walkability, reduces reliance on cars, integrates various functions within a single location, and fosters vibrant communities. The article highlights numerous examples of this, such as the conversion of former department stores into housing and the creation of open-air shopping centers with residential components. These developments aim to create more livable and sustainable urban environments, addressing issues of urban sprawl and promoting efficient land use.