Breathing New Life Into Old Malls

By John Salustri & johnsalustri
Video
June 08, 2016 at 02:29 PM
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LAS VEGAS—The new American mall is a child of necessity born of a shifting generation of shoppers with totally different needs and wants than those of a generation ago. But Joseph Derhake, PE, CEO of Partner Engineering and Science, Inc., tells GlobeSt.com that redefining the mall experience goes much deeper than signing up the latest gee-whiz brand of restaurant.

For a project of that potential proportion, financing is also a challenge. He explores all of these issues in an exclusive video interview recorded on the show floor of the 2016 RECon Conference.

In it, Derhake will discuss:

  • How municipalities might show flexibility in considering a mall rehab;
  • The importance of feasibility studies to determine the proper strategy and the costs involved;
  • The marriage of CMBS and mall re-use . . . what developers need to know.


 

LAS VEGAS—The new American mall is a child of necessity born of a shifting generation of shoppers with totally different needs and wants than those of a generation ago. But Joseph Derhake, PE, CEO of Partner Engineering and Science, Inc., tells GlobeSt.com that redefining the mall experience goes much deeper than signing up the latest gee-whiz brand of restaurant.

For a project of that potential proportion, financing is also a challenge. He explores all of these issues in an exclusive video interview recorded on the show floor of the 2016 RECon Conference.

In it, Derhake will discuss:

  • How municipalities might show flexibility in considering a mall rehab;
  • The importance of feasibility studies to determine the proper strategy and the costs involved;
  • The marriage of CMBS and mall re-use . . . what developers need to know.


 

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