Strip Malls are Building up but Staying Empty

1 decade 1 year 1 week ago Sunday, October 08 2006 Oct 8, 2006 Sunday, October 08, 2006 8:37:05 PM CDT October 08, 2006 in News
loading

But at the Centerstate Shoppes, Quiznos is about the only thing popular. A Sprint store also fills a vacancy in the center, but no one else. That leaves 21 of 23 units empty, a trend building up around Columbia.

"Generally speaking is what happens is that everybody over develops," said real estate agent Donald Lairmore. "They over develop and then wait for it to catch up, over develop and wait for it to catch up."

But as Lairmore said, then comes the problem of filling the lots.

"You see what happens in small retail is that small retail follows the big retail. Small retail is not the leader."

The key lies in attracting big businesses. And while Lairmore says shops such as Bass Pro provide a good starting point, they're not big enough. But Wal-Mart is and they'll open two new stores in Columbia in the coming weeks surrounded by more empty retail space. But developers don't view that as a big problem.

"They say, 'well this will be a good location.' How long it will be i don't know, but it's gonna be a good location," Lairmore said.

They just hope it's sooner rather than later. Lairmore says they may lower the rent price to attract more businesses.

More News

Grid
List
COLUMBIA- A semi truck crashed over a guard rail on U-63 by E. Friendship Church Rd. late Monday night. ... More >>
5 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 11:57:00 PM CDT October 16, 2017 in News
COLUMBIA- A side motor vehicle collision on Highway 63 South has left two drivers in the hospital Monday night. ... More >>
5 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 11:50:00 PM CDT October 16, 2017 in News
COLUMBIA – City council members approved the construction of two new roundabouts near Mill Creek Elementary School following a public... More >>
8 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 8:20:00 PM CDT October 16, 2017 in News
COLUMBIA - An unnamed organization reported to the Better Business Bureau that it lost more than $3,000 from a phishing... More >>
8 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 8:16:00 PM CDT October 16, 2017 in News
JEFFERSON CITY - The Missouri Department of Transportation and Missouri Coalition for Roadway Safety are challenging drivers this week to... More >>
8 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 8:00:00 PM CDT October 16, 2017 in News
JEFFERSON CITY (AP) — Missouri's U.S. senators are pitching the Kansas City and St. Louis metropolitan areas as potential sites... More >>
9 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 7:32:00 PM CDT October 16, 2017 in News
COLUMBIA - Race Matters, Friends is currently seeking out volunteers to sit in on, take notes on and observe court... More >>
9 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 7:27:00 PM CDT October 16, 2017 in News
COLUMBIA - One local business is helping raise money to donate to the Virgin Islands after Hurricanes Irma and Maria... More >>
9 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 7:05:00 PM CDT October 16, 2017 in News
COLUMBIA - Columbia is one of the top locations to start a small business, according to a 2016 Forbes list... More >>
10 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 6:57:00 PM CDT October 16, 2017 in News
COLUMBIA - City Manager Mike Matthes and his staff released a report Monday at the city council meeting on the... More >>
10 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 6:01:00 PM CDT October 16, 2017 in News
COLUMBIA – The Columbia Police Department is proposing changes to the standing alarm system ordinance. The first reading will... More >>
13 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 3:41:00 PM CDT October 16, 2017 in News
JEFFERSON CITY - The House Ethics Committee took the first steps in disciplinary proceedings toward Rep. Warren Love, R-Osceola after... More >>
13 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 3:31:00 PM CDT October 16, 2017 in News
COLUMBIA – People gathered at Columbia’s Planned Parenthood on Monday for a counter-protest against abortion opponents and the 40 Days... More >>
14 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 2:44:00 PM CDT October 16, 2017 in News
COLUMBIA - Harry S. Truman VA Hospital invited behavioral health experts and local organizations to the 2017 Mental Health and... More >>
14 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 2:41:00 PM CDT October 16, 2017 in News
MEXICO - A 27-year-old man died after his car collided with a dump truck in Mexico, Mo. According the... More >>
14 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 2:32:00 PM CDT October 16, 2017 in News
JEFFERSON CITY (AP) — Missouri Gov. Eric Greitens is headed to the United Kingdom and Switzerland on his second trade... More >>
14 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 2:02:00 PM CDT October 16, 2017 in News
COLUMBIA – If you passed Erifnus Caitnop on the road, you probably did not give it a second look. The... More >>
15 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 1:57:00 PM CDT October 16, 2017 in News
CARUTHERSVILLE (AP) — Authorities are searching for two inmates who escaped Sunday from the Pemiscot County jail. The... More >>
15 hours ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 1:53:00 PM CDT October 16, 2017 in News
Columbia, MO
Broken Clouds 44°
5am 45°
6am 46°
7am 45°
8am 47°

Select a station to view its upcoming schedule:

Coming Up Next

4:30a
KOMU 8 News Today
5:00a
KOMU 8 News Today
6:00a
KOMU 8 News Today
4:30a
Paid Program
5:00a
Paid Program
5:30a
Paid Program

Tonight's Schedule

7:00p
The Voice
8:00p
This Is Us
9:01p
Law & Order True Crime: The Menendez Murders
7:00p
The Flash
8:00p
DC's Legends of Tomorrow
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld