Of course, the risk is that they will just tear it all down and convert it into lofts, office complexes or something instead, leaving nothing except lofts, office complexes and huge malls.
Of course, the risk is that they will just tear it all down and convert it into lofts, office complexes or something instead, leaving nothing except lofts, office complexes and huge malls.
In Nuremberg, a city much smaller than Berlin I had a model rocket shop (strictly model rockets, absolutely no branching out into RC planes or fireworks) in walking distance, and one specialising into some specific subset off fishing lures, in a region completely lacking any fishing culture (the carp farms that are the traditional fish supply are harvested with partial draining and nets). A sub-kilometer move later, in a quarter developed mostly with residential ground floors, nothing like this exists. Still some empty shop fronts, but maybe your enough to drive commercial rents down to the point where "exotic online specialist with occasional walk-in business" becomes viable.
Class-A malls tend to be in busier, higher wealth, sometimes more urban areas, have best in class furnishings, and have tier-1 national tenants, with many of those tenants catering to more of a premium/luxury consumer.
Most B-class or C-class malls, however, are dying.