Tuesday, April 17, 2018
I think the owners should keep the mall there and what not, but it needs something. A main attraction. Most of the people here are complaining that all the stores are gone... Well it's not exactly the malls fault. If you want to blame somebody, blame the owners of the people that own the businesses that take stupid risks that are guaranteed to put them out of business. Sears Holdings/KMart is not going to be around much longer because they can't even payoff their debts. Even if they sold most or all of their properties, their debt to equity ratio shows that they can't even afford maintain their stores and afford up to date the and shopping at all their stores. Toy's R' Us is going out of business because they took out a leveraged buyout (without explaining what that is, I'll just say all businesses that made this move eventually went out of business) and the prices were cringe worthy and it's not as fun and exciting anymore for kid's. RadioShack just couldn't keep up and didn't really offer anything I couldn't get online, and JC Penny and Macy's could be going next which means if those anchor stores split, rent will go up and stores will/could either move or fold up shop all together.
Fortunately, I have a solution! Maybe turn a section of the mall into a 8,500 seat state of the art arena and put a junior hockey team (they could play in the tier 1 USHL which could really be beneficial to our local college teams like PSU, RMU, IUP, Pitt, Pitt-Johnstown, Duquesne, and CalU) and it could possibly put Pitt's and Duquesne hockey programs on the map as they could share it and use it to play their home games, and Penn State New Kensington could play some of it's home basketball games there. Maybe an indoor lacrosse team, or even a G-League basketball team. The teams first name could be Allegheny Valley and the hockey team could be called the Riverrats or something. Keep the remaining stores for casual shoopers, make it more shopper friendly, and keep the rent for the stores at a decent prices, open the rink up for open skate and charge the general public a low price for a session and cheap skate rentals, (since the teams occupying the venue will already be paying to use the venue), and open free skate on occasion.
Just a few suggestions to help boost the community and the local economy in the region.