In with the residential new construction.
“Utilizing existing infrastructure can bring homes to the market quickly, avoiding some of the delays associated with redevelopment or greenfield housing development,” says Hannah Jones, senior economic research analyst at Realtor.com.®. “The shift from retail to residential is a logical solution in a country facing a persistent housing shortage.”
She added that malls in suburban states like New Jersey and Florida—both with well-established commercial corridors and housing pressures—are especially ripe for this type of redevelopment.
This from Realtor.com.
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