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Originally Posted by Always Sunny in SLC
While I agree with Rulz that the design of the hotel is crappy, I agree the overall trajectory is awesome! Even the hotel will bring a lot of energy and spenders. I love moving away from a mall format to a entertainment district. I generally find malls boring and overrated. I wonder how CCC is doing in this new retail world. I think they will need to add more entertainment venues over time.
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I would imagine City Creek Center is doing fine. It's in a walkable, centralized downtown location that's near tons of other amenities, it's popular with tourists, it has options not available anywhere else in the valley, and it serves as a good place to congregate/walk around (it's visually appealing and allows easy access to lots of other nearby things). It is obviously going to have to adapt over time, but I think City Creek is set up well to adapt because of its location and design, and because its owners have infinitely huge pockets.
Amazon and the Internet in general are certainly contributing to the decline in retail, but I think the retail apocalypse is also a result of overbuilt retail. The U.S. built far more retail space than any other country, even when accounting for size and population, and now the market is adjusting in a huge way. The Internet is a factor (a huge factor admittedly), but people aren't suddenly going to want to stop going out to places. There will always be a market for retail. The suburban strip malls and shopping malls are going to be what suffers the most. The shopping centers that take efforts to incorporate more mixed-use and walkable designs will survive.
The Gateway is a good example. If Gateway was in a suburban location, it probably would still be empty and there would likely be talks of tearing it down. However, because it's downtown, it can be adapted for uses like the bars and entertainment venues that it's getting that probably wouldn't be viable in a suburban location (particularly in Utah). Gateway's decline had just as much to do with poor upkeep, competition from City Creek, and its location near the homeless shelter as anything else. With Gateway no longer a shopping mall, City Creek really doesn't have a lot of local shopping center competition. City Creek will, of course, never adapt to incorporate bars, but I don't think it will have to. Gateway and surrounding downtown neighborhoods will accommodate that need well enough.