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Problem
Mall redevelopment has become a hot topic in Washington, DC development circles. Your assignment this week is to research the backstory of the Fair Oaks Mall to provide context for our market analysis. Conduct your own research to find credible sources with information about the site's history. These sources might include:
1) Articles in the Washington Post or Washington Business Journal 2) Articles in local magazines or blogs (e.g., Greater Greater Washington, or Bisnow) 3) Municipal sources (Fairfax County Planning)
Provide simple citations to these sources in your assignment.
Give a brief history of the site and relate that history to our current market analysis task. Why is the mall being targeted for redevelopment? Are there any obstacles to the site's redevelopment (municipal, ownership, market conditions, etc.)? Provide pros and cons for the possible redevelopment program.
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