Commercial Development

It appears that many on here do not understand why development occurs as it does in most cases, not all.
It occurs mostly to replace some other development which may close down or reduce. When the Fayette Pavillion was built it was to replace Southlake Mall and Greenbriar as they were really not convenient for anything south of themselves. That has occured for the most part: Southlake is a hip hop shoppong place and so is Greenbriar--no one from here ever goes to those places anymore. It WAS a big destination 20-25 years ago however, I went there many, many times. Naturally the residents of those two areas like to shop sometimes in newer and different facilities with large chains, so they come to Fayette. Build and shut down, build and shut down: it is here to stay.
All this is done on 95% credit in our current economy, since the banks think the land will continue to appreciate, which they hold the title to.
This sort of economy is absolutely necessary now because there is little else for people to do to make money! We manufacture practically nothing to sell and only have our "service and info" economy to work at. It won't last long.