WSJ: Is commercial real estate the next crisis?
Don't expect the mall anytime soon.
Tim White
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Don't expect the mall anytime soon.
Tim White
Labels: jobs, northend development
2 comments:
Sure is, look at Action Sports. Another empty store front is less money that the shopping center has to pay in taxes.
I heard last weekend that the mall was going to be moving ahead very soon. Plans were being finalized and are ready to be submitted.
Took a driving trip to Indianapolis in early August; astounded with all of the vacant commercial real estate along the highway--MANY new buildings. Let 'em build the mall; what little business they'll do will cause other businesses to fail; just not that much money around anymore to spend....
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