Here’s the thing. You can still have some stores on the bottom, and with a central access and exit also have security which would make it a very safe place to live.
Here's the idiotic thing the creator of the mall originally proposed this he wanted people living, working and shopping in the same place, instead of a giant parking lot much of it would have been dense multistory housing. The issue is the builders and the city didn't want to pay for the housing, but if they had done this malls wouldn't be failing, because they'd have a natural captive audience.
Wow I remember watching a video on this back in 2015. Glad to see y'all catching up with independent content creators. Glad to see that you summed it up in 3 and a half minutes what someone else actually took a good look and made a 15 minute video about the same thing.
The funny thing is, that actual Rhode Island Mall was originally purposed for apartment living, and then student living, and finally the outlet shopping that it is now. Each of those spaces would have probably provided more space than what this idea does and would have been located in an easier place to be in.
The past has a potential future, hopefully it is bright, happy, encouraging and promising. Still seems shopping centers are available for shopping as there is the increased need for residential housing, thus as strange as it seems the malls closed, change happens, at times.
Some people in the comment section not understand the trade offs between cost, quantity (space) and quality (location, fixtures, amenities). You can have a bigger apartment at the same price but it may not be as nice or as convenient.
I remember watching a video on this years ago and thought it was a brilliant idea. I just went to their website and there are no lofts available. Epic idea!
The total of the rent isn’t necessarily outrageous, but you have to compare what you get when you pay more. If and extra $600 gets me a full kitchen, a laundry room, assigned parking spot (or maybe even a garage), another bedroom and another bathroom, I’d say it’s pretty understandable why it costs more. For 250 sq ft at $900 a month, no oven and no laundry room, all utilities better be included. If not, this is a deal for suckers, camouflaged with smoke and mirrors. I don’t hate the concept, but I don’t care for the execution.
In a downtown city that is normal rent. Some people in New York live in closets that are 100-150 sqft for over 1,000$ a month, and that's considered a good deal.
Prices went up! I saw this building on another RU-vid channel 6 years ago. Cheaper then. Either he’s getting greedy like all other landlords or taxes are rising to outrageous amounts!
The rent has probably gone up to compensate for the people not paying their rent due to the moratorium. Someone has to pay for it because the government is not reimbursing landlords.
I bought a 2,225sq ft, 4-bedroom, 2-bathroom house last year with a $850 a month mortgage. That apartment for $900 better come with free Wi-Fi, housekeeping, communal showers, and laundry services.
state of the art modern cities these days build like a mini-mall + apartment combo actually. There's quite a few of them in Singapore, Korea, and Japan.
Seems like a great place to live but 900$ a month is ballsy Edit: stop telling me you can get a roommate. If you watch the whole video you'll see these are mostly single apartments. I'm not trying to share a room with a roommate.
Here's the idiotic thing the creator of the mall originally proposed this he wanted people living, working and shopping in the same place, instead of a giant parking lot much of it would have been dense multistory housing. The issue is the builders and the city didn't want to pay for the housing, but if they had done this malls wouldn't be failing, because they'd have a natural captive audience.
If you could go back to the 90s and tell somebody that you're going to move into a mall, they would think you've got serious shopping issues. Or they might be jealos😅.
@@mikeconstantine6084 Thank you for your feed back! Unfortunately, $3,500.00 per month for a 3 to 4 bedroom “apartment” would not be ideal cost effective for me with raising a growing family and $950.00 for a one bedroom would only be cost effective for a single individual if the cost of utilities (which usually are predominantly high) were included which balances it out making it worth the investment to actually still “live” being that nothing is pretty much cost effective in today’s economy and especially on top of a global pandemic! Continue to Stay Safe and Many Blessings to you 😇
$900/mo for 250sq ft.? For that hole in the wall in the mall? You people are crazy. They could have done wayyyyyyy better architecture. What a missed opportunity.
Interesting concept - probably wouldn’t work for most of our local malls. They’re all these massive air-conditioning-dependent structures with no natural light coming in. Nothing charming about them at all.
Calling catering to the top 10% of incomes as a legitimate Economic Strategy is absurd. So, all businesses so the same. That 10% are smothered in goods and services, and the other 90% subsist in poverty?
