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Mall Economic Decline

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Can High-End Living Save The Mall? CT's Largest Mall Is Counting On It Can High-End Living Save The Mall? CT's Largest Mall Is Counting On It
Can High-End Living Save The Mall? CT's Largest Mall Is Counting On It A multi-million dollar luxury apartment complex has been proposed for the state's largest mall with proponents saying that the development will save the mall from its continual economic downturn. Developers with the Connecticut Post Mall in Milford pitched the idea to city officials, "Failure to allow this first-class investment will prevent the mall from stabilizing and could be the end of the property as an enclosed mall," officials said in its plans to the city of Milford, according to Patch. "Failure to invest now could cause the property to be one of the malls that does not surviv…

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by Christina Coulter