How pickleball could help save America's malls

Brasil Notícia Notícia

How pickleball could help save America's malls
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 97%

Abandoned retail spaces --- like former Bed Bath & Beyond or Saks Off Fifth stores --- can be converted to pickleball courts for the fast-growing sport

When Andrew Pessano was looking to create a state-of-the-art indoor pickleball facility in southern New Jersey and take advantage of the surging interest in the sport, he considered building it from scratch. But he and his partners realized it would take at least two years and likely cost well over $1 million.

Pessano says that since opening in mid-February, he’s already signed up more than 300 paid members. “The first couple of months we’re busy, busy,” he adds. All those players need places to play, but the lack of available public court space in many cities and towns has led to all sorts of skirmishes, with issues arising when players use tennis facilities or take up space in playgrounds. As one parent complained about the pickleballers when the turf war erupted at a New York City playground: “It’s not a coexistence, it’s a complete and utter takeover.

In turn, those concepts are more often about “experiences” rather than shopping, says James Cook, a research director at JLL. Think museums, golf simulators and pickleball. So the two make a natural combo, Leigh says: Pickleball “will help America’s malls to become the social hub they once were.”America’s malls and other retail hubs have their share of empty spaces, but the situation may not be as dire as it seems, Cook says. The points to the current retail vacancy rate of 4.2% being “at historic lows,” noting that there’s been considerable recovery since the darkest days of the pandemic.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

MarketWatch /  🏆 3. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Captain America 4 Set Photo Reveals Sam Wilson's New Blue Captain America SuitCaptain America 4 Set Photo Reveals Sam Wilson's New Blue Captain America SuitBreaking! 🚨 Set photos for CaptainAmerica: New World Order reveal Anthony Mackie's Sam Wilson gets a NEW blue Captain America suit in MCU Phase 5. 💙 What do you think of the change? 🤔
Consulte Mais informação »

Firefighters battle 5-alarm fire at abandoned school in TrentonFirefighters battle 5-alarm fire at abandoned school in TrentonFirefighters in New Jersey's capital worked to extinguish a five-alarm inferno that torched an abandoned school Monday afternoon.
Consulte Mais informação »

Fire investigators called to fire at abandoned building on West SideFire investigators called to fire at abandoned building on West SideSan Antonio fire investigators are trying to determine the cause of a fire at an abandoned building on the city’s West Side late Monday night.
Consulte Mais informação »

N.J. college’s abandoned ghost campus has become haven for vandals, trespassersN.J. college’s abandoned ghost campus has become haven for vandals, trespassersThe last class was held in 2017 at Rowan College at Burlington County, where a recent fire renewed questions about the future of the eerily vacant campus.
Consulte Mais informação »



Render Time: 2025-02-27 05:29:26