4 Ways Malls Are Reacting To The Ride-Hailing Economy
Law360, Minneapolis (April 14, 2016, 3:21 PM EDT) -- As companies like Uber Technologies Inc. and Lyft Inc. are gaining popularity and expanding in more markets, malls are making changes to their properties, building new facilities with ride-hailing customers in mind and even partnering with such companies.
Among the ways malls are reacting to the new ride-booking economy are building distribution sites that allow for quick pickups, providing more drop-off areas at existing properties and bringing customers to malls by offering free rides with ride-hailing companies, lawyers say.
And as more customers are opting for ride-booking services, developers may even look to lobby municipalities to reduce parking requirements, which would...
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