The economic boom in Asia is reflected in the development of modern temples of consumerism. Nine out of ten of the world’s biggest shopping malls are located in Asia. Offering much more than “shop till you drop” opportunities – malls are becoming amusement parks and lifestyle centers surrounded by shops.
Emporis.com generated the Top 10 rankings, which are based on the gross leasable area, the area used for revenue-generating activities. Historically, malls have always been the icons of America – the first mall ever was built in Minneapolis in 1956.
However, Asia’s economic boom has resulted in the rise of consumerism and the development of mega-malls. Nowadays, Asia has more malls than America, and the two largest are located in China.
The dimensions of the malls is demonstrated in this comparison: the second biggest mall, Golden Resources Mall, has an area of 557.419 m², the size of about 75 soccer fields.
But some mega-malls in Asia are experiencing problems. New South China Mall is the biggest mall in the world with 600.153 m² of shopping space – most of it empty, with little consumer traffic and a high vacancy rate. It has been classified as a “dead mall”.
In recent years, developers have invented new ways for the mega-mall to survive in this economy. Gone is the store-dominated shopping centre welcoming instead, an age of mixed-use “lifestyle centers”. The Dubai Mall offers an ice-rink and aquarium on an area of 350.244 m². The Persian Gulf Complex, once completed, will house an indoor amusement park, prayer room, and helipad.
Another strategy calls for ways to combine environmental solutions with architecture. An indoor rainforest with koi ponds and the largest rooftop garden in Southeast Asia was implemented by 1 Utama mall in Malaysia. CentralWorld in Thailand features an indoor salt-water lake with sea lions. Trends to include office and residential space, such as the Cehavir Mall in Turkey, are also a survival method of mega-malls. BD+C
CLICK THE LINK BELOW TO VIEW THE TOP 10 LIST
Related Stories
| Nov 29, 2011
Turner Construction establishes partnership with Clark Builders
Partnership advances growth in the Canadian marketplace.
| Nov 29, 2011
AIA launches stalled projects database
To populate this database with both stalled projects and investors interested in financing them, the AIA in the last week initiated a communications campaign to solicit information about stalled projects around the country from its members and allied professionals.
| Nov 28, 2011
Leo A Daly and McCarthy Building complete Casino Del Sol expansion in Tucson, Ariz.
Firms partner with Pascua Yaqui Tribe to bring new $130 million Hotel, Spa & Convention Center to the Tucson, Ariz., community.
| Nov 28, 2011
Armstrong acquires Simplex Ceilings
Simplex will become part of the Armstrong Building Products division.
| Nov 28, 2011
Nauset Construction completes addition for Franciscan Hospital for Children
The $6.5 million fast-track, urban design-build projectwas completed in just over 16 months in a highly sensitive, occupied and operational medical environment.
| Nov 23, 2011
Lord, Aeck & Sargent opens fourth U.S. office, acquiring architecture firm in Austin, Texas
Strategic move offers growth opportunity and strengthens the firm’s historic preservation portfolio.
| Nov 23, 2011
Griffin Electric completes Gwinnett Tech project
Accommodating up to 3,000 students annually beginning this fall, the 78,000-sf, three-story facility consists of thirteen classrooms and twelve high-tech laboratories, in addition to several lecture halls and faculty offices.
| Nov 22, 2011
Corporate America adopting revolutionary technology
The survey also found that by 2015, the standard of square feet allocated per employee is expected to drop from 200 to estimates ranging from 50 to 100 square feet per person dependent upon the industry sector.
| Nov 22, 2011
Report finds that L.A. lags on solar energy, offers policy solutions
Despite robust training programs, L.A. lacks solar jobs; lost opportunity for workers in high-need communities.
| Nov 22, 2011
Saskatchewan's $1.24 billion carbon-capture project
The government of Saskatchewan has approved construction of the Boundary Dam Integrated Carbon Capture and Storage Demonstration Project.
