[ssiguy]

Malls are also changing. There are some newer malls but unlike the older ones, many are outlet malls............basically just big box store shopping with a roof. The newest incarnation is in Tsawwassen BC built on First Nations land near the ferry terminal.

Even though we are talking about the death of malls, the death of big box "power centres" could also be upon us in 30 years. These centres are built in the booming suburbs but this was the same as the malls before them. However due to demographic changes those malls surrounded by a growing and young population soon turned into retirement villages with no kids and the same will happen in 30 years in the areas that now surround the power centres.

Added to this is the exponential rise of on-line shopping and there could be real trouble. There is NOTHING in these big box centres that cannot be purchased on line and younger people are increasingly more comfortable with on-line shopping than older ones.