You'd take a featureless, opaque warehouse over a structure with windows and architecture that was intended to stand out? The asphalt doesn't have to be an eyesore if planned well, either. Copious vegetation woven throughout, painted teal or with murals instead of black, a policy of "after the following hours, locals are allowed to play roller-hockey and tennis here.", host regular farmer's markets, etc.
I'd love to see a Google Maps picture of a large, attractive parking lot.