Shishkebarbarian

Shishkebarbarian t1_j65o2h2 wrote

I've worked on those projects too. The most frequent reason is zoning. It's hard to rezone commercial into industrial and governments avoid it like the plague as it lowers property values. Other common reasons why is because the expected truck volume estimated for the distribution warehouse is unacceptable for major thoroughfares used for commuting. There's a lot of reasons actually, even security believe it or not. But like i said, it cost more to develop new land vs rehabilitating existing.

0

Shishkebarbarian t1_j63ml8w wrote

In that case why would a developer clear a forest (way, way, way more expensive) vs a dead mall. But i suppose they're thinking ahead. Or maybe they really are doing it for nature preservation, in your cynical and jaded to believe its that way though. Loval Govts don't do this, budgets are too limited.

−1