Top 7 Ideas for Mall Conversions
Some see problems and nothing more, while others recognize the unique opportunity that abandoned malls present. They are generally located in an area people can access easily by public transportation and major transportation routes.
But the question usually remains. How can you use these abandoned malls? If your imagination needs a little fuel, consider these popular ideas for mall conversions.
Residential Units
The need for affordable housing is high in today’s world. Converting old malls into cleverly designed residential lofts, apartments or condos can be an effective way to deliver this type of living space.
Whether a mall renovation focuses on creating all-residential units or mixing commercial and residential spaces together, incorporating places that people want to call home will create positive economic value within the community.
Hotels and Resorts
Malls were once hot destinations, but today malls are quickly becoming abandoned. However, this creates an excellent opportunity for converting old shopping mall real estate into conveniently located hotels and resorts to restore that status while at the same time bringing in more visitors who bring their wallets along with them.
When visitors come flocking around town planning vacations or even weekend getaways they’ll not only enjoy high quality amenities offered by these newly developed hotel and resort facilities but also help nearby businesses thrive as well.
Data Centers
Today, everyone needs reliable internet access which makes solid information technology absolutely crucial. Data centers fill this need by converting abandoned malls into these buildings.
The sheer size of the space makes an abandoned mall a perfect space for data center conversion costs are less expensive than buying land and starting from scratch.
Office Spaces
Mall conversions can provide ample parking and state-of-the art security infrastructure, which makes it an ideal location for expanding businesses. Mall conversions also feature lots of room to grow so both large and small companies will find the space they need.
Medical Facilities
The demand for quality health care is growing within a community. To meet this new need, medical providers are finding homes in repurposed retail centers and abandoned malls – even if they’re on public transportation routes!
Providers realize that these new services make communities healthier as individuals have more access to them.
Recreational Spaces
There are many possibilities for repurposing old shopping malls. Escape rooms, theaters, video arcades and roller rinks were some examples given in the article to show how this can be done.
Some Americans would rather accumulate experiences than material goods which is why it’s important to make sure there are enough recreational spaces available like escape rooms at an old mall converted into other purposes instead of simply leaving them abandoned or demolished altogether if they’re no longer useful as a commercial space anymore
Learning Centers
Transforming shopping malls into learning centers is another smart choice. Charter schools can make excellent use of this space, and they’re not the only ones.
Martial arts schools, dance programs, gyms offering classes in fitness and nutrition are also bringing new energy to former malls by taking advantage of their ample parking lots for students’ safety while commuting between class times.
Are you planning a mall conversion project? Then it’s time to bring your vision to life with the help of an experienced commercial general contractor.
Contact JeBailey & Co. today at (407) 559-6412, or email us at info@jebaileyandco.com to learn more about our other services or request a quote!
