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Shopping Malls Transform into Housing Hubs Amid Rising Vacancy Rates

Name: Shopping Malls Transform into Housing Hubs Amid Rising Vacancy Rates
Uploaded: 2024-12-06T16:00:00-08:00
Channel: NBC Palm Springs
Description: Across the U.S., developers are converting abandoned shopping mall spaces into housing, tackling the housing crisis while revitalizing commercial areas. The Arcade Mall in Providence, RI, has been transformed into a mixed-use facility with micro lofts, showing that old malls can become modern living spaces.

By: NBC Palm Springs

December 6, 2024

mall conversionshousing shortage solutionsArcade Mall Providencemixeduse developmentvacant mall spacereal estate trendsaffordable housingretail space transformationUS housing deficit

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