Shopping centers are now going up — and up [South Florida]

Shopping centers are now going up — and up [South Florida]

Some of South Florida’s strip shopping centers are prime candidates for vertical, mixed-use remakes. But some developers want to wait out the slowdown in the condo market.

Take a good look at the giant asphalt parking lots in front of South Florida’s strip shopping centers and malls, because in 10 or 20 years, many of them will be gone.

With land in short supply, those parking lots are an asset that many developers can no longer afford to waste.