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
Healthcare Facilities | Feb 11, 2015
Primer: Using 'parallel estimating' to pinpoint costs on healthcare construction projects
As pressure increases to understand capital cost prior to the first spade touching dirt, more healthcare owners are turning to advanced estimating processes, like parallel estimating, to improve understanding of exposure, writes CBRE Healthcare's Andrew Sumner.
Transportation & Parking Facilities | Feb 11, 2015
11 of the nation’s best ‘Complete Streets’ policies of 2014
Austin, Texas, and Troy, N.Y., are among the cities with the strongest safe streets policies, according to a new report.
Sponsored | Roofing | Feb 11, 2015
New school blends with local architecture using Petersen metal roof
Perkins Eastman in Stamford, Conn., designed the school to emphasize and integrate the International Baccalaureate curriculum throughout.
Mixed-Use | Feb 11, 2015
Developer plans to turn Eero Saarinen's Bell Labs HQ into New Urbanist town center
Designed by Eero Saarinen in the late 1950s, the two-million-sf, steel-and-glass building was one of the best-funded and successful corporate research laboratories in the world.
Architects | Feb 11, 2015
Shortlist for 2015 Mies van der Rohe Award announced
Copenhagen, Berlin, and Rotterdam are the cities where most of the shortlisted works have been built.
BIM and Information Technology | Feb 10, 2015
Google's 3D scanning camera leaves the lab
Google is said to be partnering with LG to create a version of the technology for public release sometime this year.
Steel Buildings | Feb 10, 2015
Korean researchers discover 'super steel'
The new alloy makes steel as strong as titanium.
Architects | Feb 9, 2015
The generalist architect vs. the specialist architect
The corporate world today quite often insists on hiring specialists, but the generalists have an intrinsic quality to adapt to new horizons or even cultural shifts in the market, writes SRG Partnership's Gary Harris.
Museums | Feb 9, 2015
Herzog & de Meuron's M+ museum begins construction in Hong Kong
When completed, M+ will be one of the first buildings in the Foster + Partners-planned West Kowloon Cultural District.
Multifamily Housing | Feb 9, 2015
GSEs and their lenders were active on the multifamily front in 2014
Fannie Mae and Freddie Mac securitized more than $57 billion for 850,000-plus units.
