The concept of the Mall of America is part of a small but growing trend in which shopping mall owners rely on healthcare providers to revitalize their shopping malls.
While clothing store leases have fallen by more than 1
"It's a nice symbiotic relationship," said Todd Caruso, senior managing director of real estate firm CBRE. "It suits both the hospital system and the owner."
Caruso said shopping malls are unlikely to place medical clinics "between Lululemon and the Apple Store" as they do not cause a flood of customers. But clinics could help landlords replace parts of shuttered department stores.
"Which Class B or C mall does not have a wing that is either dark or a little drowsy?" he said.
& # 39; Medtail & # 39; Growth
Health clinics in shopping malls are an evolution of "Medtail" – the mix of retail and medical services.
Vaccines and flu shots, routine examinations and treatments for minor illnesses such as sore throat and fever. However, the malls will expand to include primary care, specialty care and the treatment of chronic diseases such as diabetes.