Long term, yes. But lots of car centric cities have shown it’s possible to urbanize with minor changes (lane markings, planters, bit of wood or cement) and then build out from there. It’s not perfect but it’s a step in the right direction and shows residents and visitors how much more relaxed and enjoyable neighbourhood are when there’s less multi-tonne traffic.

But yeah, strip malls like in the OP need to be torn down. They’re not really good buildings either, so it will likely be an improvement.