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I found this to be a very interesting "experiment" - What will happen?
(1) In February 2011, the university acquired the Oak Hollow Mall which is located less than a mile from campus. The university then hired the previous owners to manage the property as a retail mall "for now". Long term plans for the property have not been announced.
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/see: http://en.wikipedia.org/wiki/High_Point_University
(2) Oak Hollow Mall: High Point, NC
One thing that is certain with North Carolina retail is that planning for retail development, notably malls, is complicated. Instead of a couple large cities, the state is full of smaller cities that form several collective metropolitan areas such as the Triad, where Oak Hollow Mall is located. More specifically, Oak Hollow Mall is located in High Point, the smallest of the three cities in the Triad as well as the city struggling the most economically of the three .
When the mall opened on August 9, 1995, it opened at the end of the mall era with great expectations of being a regional powerhouse sporting an enormous 1.3 million square feet. When built, Oak Hollow also competed indirectly with two malls in Winston-Salem and directly with Friendly Center, an enormous outdoor shopping center in Greensboro. Building a large mall, however, did not exactly increase the appeal of High Point, and the area surrounding the mall has not developed much since it opened. The result is that the newest mall in the region is also a dying mall, and on February 24, 2011 it was sold to High Point University ultimately sealing the mall's fate.
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/source: Sky City: Southern Retail Then and Now: Oak Hollow Mall: High Point, NC
VIDEO : HPU / High Point University is innovative, and open to New Urbanist thinking:
I found this to be a very interesting "experiment" - What will happen?
(1) In February 2011, the university acquired the Oak Hollow Mall which is located less than a mile from campus. The university then hired the previous owners to manage the property as a retail mall "for now". Long term plans for the property have not been announced.
===
/see: High Point University - Wikipedia, the free encyclopedia
(2) Oak Hollow Mall: High Point, NC
One thing that is certain with North Carolina retail is that planning for retail development, notably malls, is complicated. Instead of a couple large cities, the state is full of smaller cities that form several collective metropolitan areas such as the Triad, where Oak Hollow Mall is located. More specifically, Oak Hollow Mall is located in High Point, the smallest of the three cities in the Triad as well as the city struggling the most economically of the three .
When the mall opened on August 9, 1995, it opened at the end of the mall era with great expectations of being a regional powerhouse sporting an enormous 1.3 million square feet. When built, Oak Hollow also competed indirectly with two malls in Winston-Salem and directly with Friendly Center, an enormous outdoor shopping center in Greensboro. Building a large mall, however, did not exactly increase the appeal of High Point, and the area surrounding the mall has not developed much since it opened. The result is that the newest mall in the region is also a dying mall, and on February 24, 2011 it was sold to High Point University ultimately sealing the mall's fate.
===
/source: Sky City: Southern Retail Then and Now: Oak Hollow Mall: High Point, NC
VIDEO : HPU / High Point University is innovative, and open to New Urbanist thinking:
This isn't the first time. Randall Park Mall in the Cleveland, OH suburbs was partially occupied by a school. May still be there I'm not sure. Won't be the last, as malls continue to go into decline and schools continue to grow. Not taking into factor the education bubble, but that is another topic ...
This isn't the first time...Won't be the last,
as malls continue to go into decline and schools continue to grow.
Not taking into factor the education bubble, but that is another topic ...
Good point : Education is a true bubble.
And most of the time these days, a college education is not worth the very high expense it carries
Not directly related to malls-to-schools per-say but does anyone know what is going to become of the eyesore that is Landmark Mall in Alexandria, VA?
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