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It isn't always because of failing businesses. In some areas, the empty storefronts are due to excessive and unnecessary construction. Over the last 3-5 years in Kansas City, construction of new commercial space has drastically outpaced the rate of growth of the local economy. I've watched developers build entire strip malls without a single tenant lined up, and they just sit there for a couple of years. It has happened with residential development in KC as well. It's clear that the construction industry here was blind to the fact that conditions had changed.
By Gene