---
title: "Shopping Malls Becoming Retirement Communities: A New Housing Trend"
description: "COVID-19 has had a dramatic impact on every industry, but brick-and-mortar retail, in particular, has suffered: an estimated 25,000 stores may close by the end of 2020. In the past, when a megamall or shopping center closed its doors for good, the structure would often sit unused for years — but not anymore. All around the country, these former retail spaces are being revamped and refurbished to meet a new, unexpected need: senior communities. This New York Times article takes an in-depth look at how senior living facilities are rising from the ashes of former retail giants."
---

<https://www.barryinvestmentadvisors.com/blog>

# [Shopping Malls Becoming Retirement Communities: A New Housing Trend](https://www.barryinvestmentadvisors.com/blog/shopping-malls-becoming-retirement-communities-a-new-housing-trend)

 Written by [Barry Investment Advisors](https://www.barryinvestmentadvisors.com/blog/author/barry-investment-advisors) | Oct 28, 2020 2:16:01 PM

COVID-19 has had a dramatic impact on every industry, but brick-and-mortar retail, in particular, has suffered: an estimated 25,000 stores may close by the end of 2020. In the past, when a megamall or shopping center closed its doors for good, the structure would often sit unused for years — but not anymore. All around the country, these former retail spaces are being revamped and refurbished to meet a new, unexpected need: senior communities. This New York Times article takes an in-depth look at how senior living facilities are rising from the ashes of former retail giants. 

                                                           

[View full post](https://www.barryinvestmentadvisors.com/blog/shopping-malls-becoming-retirement-communities-a-new-housing-trend)

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