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Originally Posted by stevanford1
The RioCan Burloak is starting to look pretty empty. And if the Bay goes the way of JC Penny and Zellers we might start to see more dead malls.
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I wonder if these dead malls could be rezoned as medium and high-density residential. They're clearly serviced for such a thing and the adjacent roads can handle that kind of traffic.
They're also somewhat on major bus/transit routes too - often malls are transit nodes.
I suspect there will be a serious decline in new retail space in the next decade.