Quote:
Originally Posted by The Yen Man
I think many people had doubts about the business model even back during it's inception. I was hoping the mall would succeed though. I think a multicultural mall with a variety of food and unique items would have been awesome. Maybe something like what Eau Claire failed to be would work.
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You're right on both counts, I think a lot of people would have really liked a multicultural mall and many people had doubts about business model.
The ultimate problem. The people who invested in the mall were only in it for increasing property values, this assumes added value make their investment increase.
But its so expensive that nobody can actually get in there and generate any value so its falling on all sides.