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[quote=Anonymous][quote=greenpanda][quote=Anonymous][quote=Anonymous][quote=Anonymous]Alexandria city is likely to see appreciation with the new mall if construction starts on all the other west end projects too[/quote]

You think a new mall will bring appreciation?  I thought retail was dead.[/quote]

Demolishing Landmark Mall, building a hospital and mixed use residential/commercial. Might be akin to Mosaic.[/quote]

Agree, the area hasn't really seen any investments in decades. Relative to other areas, particularly the eastern side of Alexandria, it is much cheaper but still very convenient. Bringing amenities could help reduce the gap and have the west end see comparable appreciation. The hospital will employ enough people at the site to help keep some of the retail alive and if you haven't been to that area you'll realize there isn't much retail that doesn't target the immigrant communities, which has made it fly over for the rest of us.[/quote]

I'm all for redeveloping the Landmark parcel into a new hospital with adjacent retail and housing, but I'm not sure how much that project alone will contribute to price appreciation in the West End (and in adjacent Lincolnia). Price appreciation is lower in that area because of a proliferation of condos in older buildings (many of which were apartment conversions), lower performing schools, higher rates of poverty and crime (although still low by regional standards), multi-lane roadways that are congested with cars, and a persistent lack of walkability. I don't see this changing in the future without billions and billons of private investment that investors are likely to put elsewhere.[/quote]

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