Developers seemed like they had a winning formula for breathing new life into the Bay Area’s ailing malls: Add housing and offices and turn conventional retail space into room for experiences. Then the pandemic changed the equation. Some mall owners are moving forward with ambitious renovations or reconstructions, while others have delayed or modified their plans while they try to get a handle on demand for housing, shopping and even office space.
Article source: https://www.sfchronicle.com/projects/2021/malls-housing-pandemic/