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Mirror's edge scott westerfeld6/7/2023 ![]() ![]() Penney, and featuring the long halls lined with smaller stores that have characterized mall design since the 1950s, Aventura in some ways seems to be a typical shopping destination.īut the property has not been shy about investing in its infrastructure, and has grown by about 50% in size since 1983. Others are South Coast Plaza in Costa Mesa, California the King of Prussia Mall near Philadelphia and Fashion Show in Las Vegas, which all have healthy vacancy rates of less than 3%, said Kevin Cody, a senior consultant at CoStar, which provides analytics on commercial real estate.Īt Westfield Century City in Los Angeles, customer visits rose 93% from 2017 to 2018 after a $1 billion renovation, according to Placer.ai, a company that analyzes foot traffic using cellphone data.Īnchored by department stores like Nordstrom, Bloomingdale’s and J.C. ![]() One is Mall of America in Bloomington, Minnesota, the largest mall in the United States at 3.1 million square feet. ![]() Other large, luxury-focused properties seem to be weathering the retail apocalypse equally well. ![]() Aventura is not the only mall that is bucking trends. ![]()
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