Mall vacancies allow for redevelopment projects more suited to current community needs as demand for multifamily living rises. These spaces provide a valuable opportunity to boost traffic and sales through construction of apartments, hotels, entertainment, and restaurants.
To learn more, read the original ICSC article by Beth Mattson-Teig:
https://www.icsc.com/news-and-views/icsc-exchange/adding-multifamily-to-malls