San Francisco Mayor London Breed is doubling down on her strategy to revive the city's struggling downtown by tearing down empty buildings and re-imagining the space.
At the Bloomberg Technology Summit, held last week in San Francisco, Breed suggested that it might be a good idea to tear down the city's largest shopping mall, the Westfield San Francisco Centre, and replace it with "something completely different"—like a sports stadium.
Earlier this month, European mall giant Unibail-Rodamco-Westfield (URW) said it stopped making payments on $558M in debt on the 1.2M SF mall in Union Square and will transfer Westfield Centre, which is 55% occupied, into receivership.
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