Dying Shopping Malls Can Make Room for New Condos and Apartments

LA Times

By Andrew Khouri

In the San Fernando Valley, there are plans to level a nearly vacant mall and replace it with some 1,400 homes, boutique retail space and a concert venue. In Orange County, an aging mall will give way to a mixed-use development with more than 900 homes. And in the South Bay, hundreds of homes are planned to replace a struggling mall that opened in the mid-1980s.

Read More

Previous ULI Fall Meeting
Next Lennar Acquires 19 Acres in Fontana, CA

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Housing Market

Corelogic’s 2015 Housing Outlook

For 2015, Corelogic sees the lower-end / first-time homebuyer market taking primacy over the higher-end price category as employment growth strengthens, particularly among the first-time homebuyer age group. As a

Housing Market

Housing Starts Fall in January

Housing starts fell 2% in January to a 1.07 million annual rate from 1.09 million in the prior month. The decline was primarily due to a drop in single-family starts

Housing Market 0 Comments

Is The Housing Recovery Over?

There is currently much debate on the direction of the housing market. Did we bounce back off the bottom too fast? What inning are we in? 3rd? 6th? While there