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City program turned around dying strip malls

 City program turned around dying strip malls

After the Loop 101 and 202 freeways opened, traffic patterns changed in Chandler, leaving some retail centers in the dust. Intersections were seeing commercial vacancy rates higher than 50 or 60 percent. The city started a project called 4-Corner to help businesses, and while it’s generally a success, Micah Miranda, the city’s economic development director, is calling for some retail spaces to be converted into multifamily housing. This would bring in more customers, and thus beefing up the city’s tax coffers. He recommends the city lobby the state legislature to make this type of redevelopment easier.

Source:https://www.chandlernews.com/news/city-program-turned-around-dying-strip-malls/article_789acff2-bc3d-11ed-b22e-ffaa18df51a5.html

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