11. A new mall is going in. 12. A new mall, Gateway, has sprung up a half a mile west of Main. 13. But in about the last decade only one new mall, North Point in north Fulton, has opened. 14. But with new mall construction at a virtual standstill, chains that want to expand must go to urban areas. 15. But, with few new malls being built these days, urban areas are among the only locations still ripe for growth. 16. By joining forces with Simon, DeBartolo Realty will gain access to less expensive capital for its plan to upgrade, expand and build new malls. 17. Chick-fil-A had made a target of the new regional malls but met resistance. 18. During his tenure, the company was plagued by high operating expenses and higher-than-expected interest costs, which stifled development of new malls. 19. Families shop at flashy new malls. 20. Experts say no new large malls are planned for the near future, which means there will be no new competition for the Mission Valley malls. |