Retail

Brookfield, other US mall owners rent out parking lots during pandemic

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A drive-in movie theater is set up in the parking lot of Brookfield’s Park Meadows mall in Lone Tree, Colorado, right outside of Denver.

Source: Kilburn

Parking lots, of all places, are turning into bigger sources of revenue for some mall owners during the coronavirus pandemic. 

Brookfield Properties has signed a deal with entertainment company Kilburn Live to turn the parking lots at a number of its malls in the U.S. into drive-in theaters, hosting movies and virtual concerts, with many consumers looking for outdoor activities to participate in during the Covid-19 crisis. So far, they are at five Brookfield locations in Denver, Dallas, Houston, Minneapolis and Woodbridge, New Jersey. More…



Source cnbc.com

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