Development in and Around Syracuse Discussion | Page 169 | Syracusefan.com
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Development in and Around Syracuse Discussion

xc84 said:
With the recent Amazon out there, they have been on borrowed time
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Sure, but the economics of how they operate malls has always been based around entertainment and restaurants, which they still feature, not jut pure retail. That's what keeps people there, and extends their visit.

The other thing they used to do is try to create "neighborhoods" of similar stores targeted to similar customers. So the young mother used to have Baby Gap, Gymboree, Gap, the Disney Store and Build-a-Bear Workshop all in the same general area of the mall, to increase the likelihood of cross purchasing.

They were innovators at this stuff, but yeah, retail has been in big trouble ever since COVID. It was trending that was for a while, but COVID really accelerated things.
 
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IthacaMatt said:
Sure, but the economics of how they operate malls has always been based around entertainment and restaurants, which they still feature, not jut pure retail. That's what keeps people there, and extends their visit.

The other thing they used to do is try to create "neighborhoods" of similar stores targeted to similar customers. So the young mother used to have Baby Gap, Gymboree, Gap, the Disney Store and Build-a-Bear Workshop all in the same genera area of the mall, to increase the likelihood of cross purchasing.

They were innovators at this stuff, but yeah, retail has been in big trouble ever since COVID. It was trending that was for a while, but COVID really accelerated things.
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When malls started, they relied on pretty much all retail with a few restaurants . Later, food courts were created to help keep people there. Entertainment was added as consumers found less reason to go to malls to shop. With online shopping taking over, malls are dead. Covid has been over for a while but no one needs to go to the mall anymore. They are obsolete.
 
TexanMark said:
Destiny I bet will be redevolped with housing along with retail and entertainment
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It is the only way it will survive. Housing is desperately needed, convert to apartments and condos with a mix of retail and entertainment. Whoever ends up owning the property will likely seek those modifications.
 
KellySyracuse said:
It is the only way it will survive. Housing is desperately needed, convert to apartments and condos with a mix of retail and entertainment. Whoever ends up owning the property will likely seek those modifications.
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Are there examples of eclosed malls being converted to housing? I have never heard of any. Malls have a lot of wasted space to be maintained and heated
 
xc84 said:
Are there examples of eclosed malls being converted to housing? I have never heard of any. Malls have a lot of wasted space to be maintained and heated
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Not that I'm aware of, old malls are usually abandoned. The property where Destiny is won't be abandoned, maybe eventually the building will get razed. Hard to believe that it can't be refitted to housing and retail but I'm not an engineer or architect so maybe it's not feasible.
 
You’d think that around here that shoppingtown mall that’s been closed for ages, should have already been repurposed. Lots of legalities seem to be constant roadblocks to getting anything done. Saw this old article from 2016 about the oldest mall in the US which was in Rhode Island and how it was repurposed. Pretty darn small apartments though.

 
xc84 said:
When malls started, they relied on pretty much all retail with a few restaurants . Later, food courts were created to help keep people there. Entertainment was added as consumers found less reason to go to malls to shop. With online shopping taking over, malls are dead. Covid has been over for a while but no one needs to go to the mall anymore. They are obsolete.
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I remember they had at least one major department store, movies and the type of restaurant you'd go to wherever it was to draw people in. Then the restaurant became a food court. Now theatrical movies are dying and so are brick and mortar stores. And the crime rate at Destiny makes people want to avoid it anyway. It will become a ghetto.
 
shandeezy7 said:
Not development, but my home. One of the great, unique neighborhoods in the city:

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I follow that page, he does a wonderful job showing the city off.

I love the area where you live, I didn't live far from there when I was in college and loved driving through there. It's really beautiful and it's amazing the higher up you go.
 
two3zone said:
I follow that page, he does a wonderful job showing the city off.

I love the area where you live, I didn't live far from there when I was in college and loved driving through there. It's really beautiful and it's amazing the higher up you go.
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It really is a beautiful neighborhood. I don't currently live there, but my parents still do, so I'm there often when I'm in town. I'm in the market for a home in Syracuse though, and I always keep my eyes peeled on the neighborhood.
 
xc84 said:
When malls started, they relied on pretty much all retail with a few restaurants . Later, food courts were created to help keep people there. Entertainment was added as consumers found less reason to go to malls to shop. With online shopping taking over, malls are dead. Covid has been over for a while but no one needs to go to the mall anymore. They are obsolete.
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Not completely obsolete, but their glory day has passed. People still prefer a place where they can physically experience goods before they buy them, or take them to be serviced, whether it's watches, returning clothes that don't fit, or fixing appliances.
 
IthacaMatt said:
Not completely obsolete, but their glory day has passed. People still prefer a place where they can physically experience goods before they buy them, or take them to be serviced, whether it's watches, returning clothes that don't fit, or fixing appliances.
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What mall is doing well where "people prefer a place where they can physically experience goods before they buy them"? I go to a mall about once per 2 years so it is not me. Is the mall in Ithaca doing well? The old Pyramid Mall?
 
xc84 said:
What mall is doing well where "people prefer a place where they can physically experience goods before they buy them"? I go to a mall about once per 2 years so it is not me. Is the mall in Ithaca doing well? The old Pyramid Mall?
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I think just the theatre is open.

Target is always popping though.
 
IthacaMatt said:
I think their tax abatement runs out in 2026. With all the recent crime out there, they are in trouble.
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If only. For the original mall (after two amendments to the PILOT), it's when the bonds mature. 2036 I think.

For the expansion, 30 years from the issuance of the C of O. I believe that's 2040 or 2041.

I'll save the editorializing but that's...well, that's quite the deal.
 
I find it interesting that our local mall has fallen apart. Most of the stores have moved off to strip malls and all anyone does is complain about it, because it really does suck moving the car 3-4-5 times for trip.

Was up at Eastview mall in Roch and it was jammed on a midday afternoon.

I enjoy Destiny when I get there just because I only need to do 2-3 things and the wife/kids can do their thing and I can always find a place to wonder around.

Cant wait for the book store that opens back up this week. Loved the old Borders location.
 
upperdeck said:
I find it interesting that our local mall has fallen apart. Most of the stores have moved off to strip malls and all anyone does is complain about it, because it really does suck moving the car 3-4-5 times for trip.

Was up at Eastview mall in Roch and it was jammed on a midday afternoon.

I enjoy Destiny when I get there just because I only need to do 2-3 things and the wife/kids can do their thing and I can always find a place to wonder around.

Cant wait for the book store that opens back up this week. Loved the old Borders location.
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Eastview has remained a really good mall. I assume due to higher end stores in an area with a lot of money.

I'll never understand why malls die in upstate. you'd think they'd thrive in areas with shitty weather.
 

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