Monday, March 30, 2009

GGP to Shorter Columbia Mall Hours in May

While I was on vacation in Orlando last week, a lot happened, including an announcement that GGP would be shortening the hours of the Columbia Mall. The new hours seem to be based on when people actually shop, as opposed to when retailers wish people would shop. It doesn't seem to be being received negatively.

In my mind, this highlights that leveraging too much on retail for Columbia's economic development downtown is a problem. This is particularly true given our current economy and its likely continuation into 2010 - maybe even 2011. That doesn't mean that we should just demolish the mall and replace it with a business park and condos. Still, it is an important lesson to heed when considering the future of downtown.

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