The (joint) owners of San Francisco’s biggest shopping center “Westfield San Francisco Centre” has given up and has announced it will be surrendering the property back to the lender.
The decision comes not long after one of the mall’s key tenants, Nordstrom’s announce it will be closing its store there.
From the CNN article
" . . . a Westfield spokesperson attributed Nordstrom’s closing to “unsafe conditions for customers, retailers, and employees.”
From the article by the San Fran Standard
In the wake of Nordstrom’s announcement that it would close its store in the Westfield mall, the co-owner Unibail-Rodamco-Westfield said the planned closure “underscores the deteriorating situation in Downtown San Francisco.” Businesses are leaving Downtown due to unsafe conditions, the company said.
Progressive liberals followed their ideology and made everyone a victim. Victims vote for Progressive liberals. And if there are not enough victims, Progressive liberals will just make some more.
When SF’s property values and cost of living are not among the highest in the world, when the collective desire for people to live there has clearly cratered—the Americans right can celebrate, I guess.
The malls in Wisconsin have been going downhill so fast the last decade or so. Turns out, in this century the 80s mall setup isn’t that popular. Change is good.
About 15+ years ago, an older mall style shopping area, was razed, and a new style, with mixed shops, outdoor restaurants, apartments, and a few large stores (best Buy) was built… it has been quite successful. It is a bit pricey, then again, it is in Silicon Valley, so there is a lot of money here. But still affordable for many, on occasion. Also cool just to walk around…many times there is live music.
Where SF seem to be headed is a pure society consisting only of feral predators and rich prey … until industries that make the rich possible wise up and leave.