Take a drive through any community in Metro Boston and you’re bound to pass by at least a few retail properties that are past their prime, if not downright shabby. Redeveloping those properties could generate 125,000 new homes region-wide.
A new MAPC study says outdated and decaying strip malls across Greater Boston have the potential to produce 124,000 new homes if redeveloped.
The demise of brick-and-mortar retail is no longer a debate; it’s an unfortunate reality and that has rapidly accelerated due to the COVID-19 pandemic and the significant resulting shift in consumer preferences toward the conveniences of e-commerce.
