Taking Advantage of Vacant Mall Space

Taking Advantage of Vacant Mall Space

It’s no secret that malls across the country are re-purposing their space to include services, amenities, churches, and other ideas. Economists say the trend of retailers leaving mall space seems to have continued into this new decade.

Rather than a grim picture, however, many business owners view empty mall space as an opportunity. Along with the dedicated work area, there are other benefits that go along with selecting this route. For instance, when you relocate your company to a changing retail space in Florida’s Volusia County, you’ll be part of a dynamic business community that includes world-wide appeal for clients and customers. Read on to discover some of the interesting and creative ideas for moving into vacant space formerly reserved for retail operations.

Office Space

Several malls and shopping areas in Volusia County, Florida were built in locations central to the population. When you move your office to this new area, prospective employees will be drawn to the ease of access you can provide. In addition, when you enter a currently-operating mall, you can provide both team members and clients/customers the convenience that goes along with being in this region.

That also means that your service-based company could find new life amid mixed-use retail outlets. This “one-stop-shop” perk isn’t lost on customers who are always looking for ways to maximize their time. You could also reserve extra space that could be leased for large events and gatherings, or for seasonal “pop-up” shops.

Health and Entertainment Hubs

Often, once an anchor store leaves a shopping mall, it can put undue strain on the other shops and services at that location. Imagine the opportunity to help not only your business, but other organizations as well when you move into vacant space in one of these locations.

Recently, changing malls have welcomed hospitals, gyms, movie theatres, large-scaled themed entertainment venues, and similar. The first step is to work with a dynamic and reliable economic development group that can help set up your business for long-term success.

Other Ideas

Along with the mentioned ideas, there are many other ways you can take advantage of currently-vacant mall space. Popular new tenants include grocery stores, apartment complexes, religious organizations, hotels, co-working spaces, and more. There are also innovative and exciting ideas such as escape rooms, children’s activities, arcades, event spaces, art galleries, non-profit organizations, and similar.

For years, Team Volusia Economic Development Corporation has helped scores of business leaders just like yourself find a new and lucrative opportunity in Central Florida. Contact us today to learn more about the many benefits that go along with relocating your company to this growing and thriving region.  

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