Strip Malls are Building up but Staying Empty

1 decade 3 years 4 months ago Sunday, October 08 2006 Oct 8, 2006 Sunday, October 08, 2006 8:37:05 PM CDT October 08, 2006 in News

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
MOBERLY - Moberly police officers responded to a domestic assault at 1028 Sinnock Ave., at 2:48 a.m. Friday, February 21,... More >>
9 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 10:45:00 PM CST February 21, 2020 in News
COLUMBIA - "Honest" and "righteous" are just a couple of words friends used to describe Columbia City Councilman Clyde Ruffin.... More >>
14 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 5:55:00 PM CST February 21, 2020 in News
COLUMBIA - Columbia Water & Light plans to perform water valve repairs at the intersection of North College Avenue and... More >>
15 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 4:57:00 PM CST February 21, 2020 in News
COLUMBIA - Columbia Regional Airport with American Airlines are proposing a new daily nonstop air service to Charlotte, North Carolina... More >>
15 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 4:49:00 PM CST February 21, 2020 in News
COLUMBIA - The Missouri Department of Economic Development awarded $7.3 million to nonprofit's through its Neighborhood Assistance Program this week.... More >>
15 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 4:25:00 PM CST February 21, 2020 in News
COLUMBIA - Columbia Police arrested a Jefferson City man in connection to an armed robbery on Jan. 7 at the... More >>
15 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 4:23:00 PM CST February 21, 2020 in News
WARDSVILLE - Blair Oaks wrestling sent seven qualifiers to the state championship this weekend in Columbia. Among them is senior... More >>
16 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 3:55:00 PM CST February 21, 2020 in Sports
COLUMBIA - The University of Missouri announced a large gift from alumni Friday to support the university's NextGen Precision Health... More >>
17 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 3:02:00 PM CST February 21, 2020 in News
HUNTSVILLE - A Moberly man allegedly ran from Randolph County deputies Thursday after they attempted to stop him for careless... More >>
17 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 2:49:00 PM CST February 21, 2020 in News
COLE COUNTY - A suspect is in custody nearly 30 years after the death of a Russellville teenager, according to... More >>
17 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 2:24:00 PM CST February 21, 2020 in News
COLUMBIA - Prosecutors charged a woman with murder Friday in connection with a deadly home invasion and shooting in early... More >>
17 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 2:17:52 PM CST February 21, 2020 in News
FULTON - Three Fulton Middle School students are proving that kids can make an lasting impact. Khiauna Gay, Gabby... More >>
19 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 1:13:00 PM CST February 21, 2020 in News
COLUMBIA – Four months after a Columbia woman, Mengqi Ji, went missing, many local businesses still have the flyers on... More >>
19 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 1:09:00 PM CST February 21, 2020 in News
CONWAY, AR – A barbershop in Arkansas is helping its community open up about mental health. Picture Perfect has become... More >>
19 hours ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 12:30:37 PM CST February 21, 2020 in A Brighter Tomorrow
COLUMBIA - Boone County Counts will hold the latest in a series of outreach meetings about the 2020 Census on... More >>
1 day ago Friday, February 21 2020 Feb 21, 2020 Friday, February 21, 2020 5:00:00 AM CST February 21, 2020 in News
COLUMBIA - Empower Missouri spearheaded a letter to Gov. Mike Parson to try to reinstate a tax incentive program for... More >>
1 day ago Thursday, February 20 2020 Feb 20, 2020 Thursday, February 20, 2020 7:02:00 PM CST February 20, 2020 in News
COLUMBIA - A head-on collision between a school bus and a SUV blocked both sides of North Route Z. ... More >>
1 day ago Thursday, February 20 2020 Feb 20, 2020 Thursday, February 20, 2020 6:41:00 PM CST February 20, 2020 in News
JEFFERSON CITY - Leonard Jerome Wilson, 41, a former Camden County Sheriff's deputy, was sentenced to 8 years of federal... More >>
1 day ago Thursday, February 20 2020 Feb 20, 2020 Thursday, February 20, 2020 4:47:00 PM CST February 20, 2020 in News
Columbia, MO
Broken Clouds 30°
9am 36°
10am 41°
11am 46°
12pm 50°