Oviedo Mall is heading toward a significant turning point as a developer hopes to tear down the empty Macy’s department store and build hundreds of apartments and a hotel.
The proposal could bring people back to the shopping center, which, like many American malls, has suffered through the departures of major retailers.
“In today’s world, if you’re not in a super-regional location or an entertainment, touristy location, you can’t have a million square feet of retail anymore, unless you’re a super-regional mall,” said Kevin Hipes, the mall’s deputy general manager. “This is not a super-regional mall. So this mall’s failing. It’s been failing. The only way to fix a mall like this … [is] you have to change it to mixed-use.”