Better than being out in the middle of an industrial area.

  • slazer2au@lemmy.world
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    11 months ago

    With the cost of rent in malls I would say they will not likely make a comeback.

    Industrial rent is far cheaper.

    • Trainguyrom@reddthat.com
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      11 months ago

      It’s really depressing how malls were built for unsustainable 80s-style commerce and the holding companies basically squeeze them dry instead of trying to reinvigorate them

      • HobbitFoot
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        11 months ago

        I’ve seen some attempts, either by leaning hard into entertainment or building high density residential.

  • betterdeadthanreddit@lemmy.world
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    11 months ago

    Additionally, with the rise in abandoned malls and decline in mall cop patrols, are we heading toward a double-whammy in the form of booming mall rat and mall ninja populations?

  • astraeus@programming.dev
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    11 months ago

    I had never even thought about this but it is more common than not to find dojos and dance studios in the industrial sections of cities.

    • isles@lemmy.world
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      11 months ago

      Guessing, but just what it sounds like - a martial arts training gym. Generally, they are low revenue businesses, relegated to subleasing from other athletic gyms (like gynmastics facilities), out of community recreation centers, or in industrial warehouse areas. Sometimes you’ll find them in strip malls, as well.

      Theoretically, vacancies put pressure on mall owners to lower rents, perhaps to an affordable level for these dojos. Lowering rent also makes the mall less valuable than a vacancy. And owners don’t like lowering value if they can afford it, because they can leverage existing values.