Twin Cities entrepreneurs are transforming former big-box retail sites into thriving Asian shopping and entertainment centers, reviving malls in Eden Prairie, Burnsville, and Maplewood.
The 406,500-square-foot Pan Asian Center at the Maplewood Mall will fill spaces formerly occupied by Macy's and Sears stores. The center is partially open now and plans to be fully open in 2027.
In the age of online shopping, finding viable uses for vacant, big box retail spaces has often been a challenge for commercial Realtors. Two groups of Twin Cities-based, Asian entrepreneurs may be providing a partial solution, by developing new Asian-themed shopping and entertainment complexes in large vacant spaces at suburban malls.
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Author's summary: Asian-themed malls revive vacant retail spaces.