From Robert Whitcomb’s “Digital Diary,’’ in GoLocal24.com
Swansea, Mass., Selectman Christopher Carreiro wants the town to establish a Redevelopment Authority that could take the likes of the dying Swansea Mall (Macy’s has just announced that it’s pulling out) by eminent domain and use it for other purposes. Housing? Recreational centers? Schools, private and public? And develop the vast parking lots for solar- and wind-energy installations? And green space? Or maybe tear down the mall buildings and use all the property for renewable energy? There may be some new property-tax revenue in this redevelopment.
We’ll be seeing more and more such actions across America as the Internet continues to eat away at big physical stores.