While many U.S. shopping malls face the closure of anchor stores and empty parking lots, others are finding new life as homes. As of January 2022, at least 192 malls in the United States have plans to add housing on their properties. Dozens of apartment projects in malls are underway in California, Colorado, Florida, Arizona and Texas. Not only will this trend help chip away at America’s housing shortage, but it will also bring people closer to the remaining retail and restaurant space in shopping centers.
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Thursday, December 5, 20246:59 a.m. ET
