The AP is solely responsible for all content. The standard American mall — with its vast parking lots, escalators and air conditioning, and an atmosphere heavy on perfume samples and the scent of Mrs. Fields cookies — was built around department stores.

“If there’s a perception out there that people are safer outside and less safe inside, that’s not great,” said Matthew W. Lazenby, chief executive of Whitman Family Development, which manages the luxury open-air Bal Harbour Shops outside Miami. In court filings last month, Simon Property said that Taubman’s malls were mostly enclosed, and that indoor malls “are the last types of retail real estate properties that most consumers will want to visit on a long-term basis after Covid-19.” (Simon Property also owns many enclosed malls.) “But once you get hit by two others and you’re dealing with three anchor closures, that’s usually where we become a little more likely to put it into the bucket of a redevelopment.”.

Neiman Marcus is one of the most prominent department stores to file for bankruptcy during the pandemic.

Looters moved into St. Paul Thursday afternoon, ransacking the Target store off University Avenue and other businesses in the area.

In Los Angeles, the former Westside Pavilion mall, once featured in the movie “Clueless” and Tom Petty’s “Free Fallin’” music video, is turning into office space for Google. The concerns follow violence that followed protests at the Minneapolis Police Department Third Precinct Wednesday night when some people began setting fires and looting businesses along nearly the entire length of Lake Street. “But that ability to attract people is why we made the decision to temporarily close our doors.”. In a statement, the Bloomington mall said it’s closing at 5 p.m. Tuesday through at least March 31 as a precaution to protect its guests and workers. But he anticipates greater struggles in places where there are clusters of malls.

60 people in Minnesota have tested positive for the virus, 2 Men Injured In Wisconsin Rollover Crash; Alcohol Believed To Be A Factor, Minneapolis City Council Under Scrutiny After NYT Article Says Their Pledge To Dismantle MPD Collapsed, Minnesota Twins Unveil The 2020 Homer Hanky, ‘When In The Midwest!’: Ivanka Trump Tweets About Winona Fleet Farm Visit, Man Dies In Four-Car Crash Near Northfield, Edina Mother Seeks Justice For Daughter's 2018 Murder In Upcoming Trial, Suspicious Fire Destroys Trump Supporter's Garage, Truck; Pro-Biden, BLM Graffiti Left At Scene, Minnesota Politicians Respond To Judge Amy Coney Barrett's Nomination To The Supreme Court, Minneapolis Man Pleads Guilty To Arson At St. Paul Car Rental Agency, Anoka County Sheriff: Man Dies In Oak Grove Motorcycle Crash. “It doesn't inform the treatment, because there is no treatment, and it doesn't change our recommendations for staying home when you're sick.". “The reality is there are going to be dark boxes for some time,” he said.

Mr.

In Cupertino, Calif., where Apple has its headquarters, the fate of the shuttered Vallco Shopping Mall has become a contentious issue, with impassioned public debates around replacing it with affordable housing, new entertainment and retail options or office space.

“And then those who haven’t gone bankrupt are using this as an opportunity to clean up their real estate.”.

Since Sears exited, the mall has been trying to redevelop the space, installing a Best Buy and trying to attract restaurants, though those plans may be put on hold depending on which tenants are able to pay rent in the near future. Stay informed daily on the latest news and advice on COVID-19 from the editors at U.S. News & World Report. This material may not be published, broadcast, rewritten or redistributed. But that compares with 94 percent in 2006. Winds fueled a northern Colorado wildfire that emergency officials say has damaged structures and moved beyond barriers established by firefighters to slow the fire's spread. Still, some investors have bought midtier malls in recent years and have already been working on how to repurpose and change spaces — even “de-malling” malls, by flipping store entrances so that they face the street.

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