Quote:
Originally Posted by Boomer
My dissertation this morning had to do with repurposing empty, suburban, retail space into independent senior housing apartments. But there is a reason I mentally built a little pre-school there.
In the city I am from, there are some relatively high end continuum-of-care communities that have pre-schools on site. I think there is a psychology to it. (Do not worry. They do not make Grandma work there for free. In fact, I do not think there is much interaction, other than cute little programs the little kids put on sometimes.)
Now that I think about it, Dutchman, with total independent senior living that might not be a big deal. But it has proven to be a nice addition to the places that are classified as continuum-of-care.
But, hey, my post this morning was only my first draft. 
I welcome any suggestions about what would be a good use of space in my mall repurposed into independent senior housing. Perhaps a disco?
Anyway, I just thought of something else. People who own REITs, which have been known for their nice dividends -- though I think taxes are different than regular dividends -- might own a piece of those empty malls.
Whatever, a plan needs to be in the works for all that empty, suburban space, before it is too late. |
It may not be retail, it may be medical, it may be Tech. It may be even a municipal building or a jail. It will be what people want and or need at the time.
I often wonder, what about all of the empty church buildings? Church attendance continues to drop, (not here) but up North.