Cities Repurpose Underused Malls to Address Housing Shortage
Grand Boulevards, a design concept developed by urban design legend Peter Calthorpe, aims to solve two uniquely American problems simultaneously: a lack of affordable housing and an increased number of vacant strip malls across the U.S. The design concept demonstrates that the economy can boom in areas once destined for doom by converting undervalued and underutilized buildings into mixed-use, mixed-income, workforce housing.
In great company with CBRE, ULI, and thought leaders from other reputable organizations quoted as sources, Peter Calthorpe echoes the potential success this concept can bring to help solve the housing crisis. Read the article, "Cities Repurpose Underused Malls to Address Housing Shortage" in SmartCitiesDive.