Failing Shopping Malls Can Be a Powerful Tool for Addressing California’s Affordable Housing Shortage [Policy Brief]
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2021-09-01
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Corporate Contributors:United States. Department of Transportation. University Transportation Centers (UTC) Program ; United States. Department of Transportation. Office of the Assistant Secretary for Research and Technology ; California Department of Transportation. Division of Research, Innovation and System Information
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Edition:Research Brief
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Abstract:Declining sales and anchor store bankruptcies have led to a nationwide trend of shopping malls failing. This trend has accelerated during the COVID-19 pandemic, and market analysts estimate that several hundred malls are at risk of failing in the next five years.
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