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 10, 2014
Herzog & De Meuron unveils plan for National Library of Israel
The library’s new home will be a completely new building in Jerusalem, and will combine the functions of a central research center, a venue for indoor and outdoor cultural and educational activities, and a place for digital experience.
| Nov 10, 2014
Hotel construction pipeline hits five-year high
The hotel construction pipeline hit a five-year high in the third quarter, clocking in at 3,516 projects and 443,936 rooms, Lodging Econometrics reports.
| Nov 7, 2014
Arts college uses creative financing to build 493-bed student housing
Many states have cut back funding for higher education in recent years, and securing money for new housing has been tougher than ever for many colleges and universities. A recent residence hall project in Boston involving three colleges provides an inspiring example of how necessity can spawn invention in financing strategies.
| Nov 7, 2014
Prefab helps Valparaiso student residence project meet an ambitious deadline
Few colleges or universities have embraced prefabrication more wholeheartedly than Valparaiso (Ind.) University. The Lutheran-based institution completed a $27 million residence hall this past summer in which the structural elements were all precast.
| Nov 7, 2014
World's best new skyscraper: Sydney's vegetated One Central Park honored by CTBUH
The Jean Nouvel-designed tower tops the list of 88 entries in the 13th annual Council on Tall Buildings and Urban Habitat Awards.
| Nov 7, 2014
NORD Architects releases renderings for Marine Education Center in Sweden
The education center will be set in a landscape that includes small ponds and plantings intended to mimic an assortment of marine ecologies and create “an engaging learning landscape” for visitors to experience nature hands-on.
Sponsored | | Nov 6, 2014
To build your strongest team, don't hire clones
To attract and keep talented individuals who are different than you, Entrepreneur magazine suggests a few foundational principles. SPONSORED CONTENT
| Nov 6, 2014
Hines planning tall wood office building in Minneapolis
The Houston-based developer is planning a seven-story wood-framed office building in Minneapolis’ North Loop that will respect the neighborhood’s historic warehouse district look.
| Nov 6, 2014
Studio Gang Architects will convert power plant into college recreation center
The century-old power plant will be converted into a recreation facility with a coffee shop, lounges, club rooms, a conference center, lecture hall, and theater, according to designboom.
Sponsored | | Nov 6, 2014
Drilling deeper: On the ground insights from the Marcellus Shale region
The Marcellus Shale region is expansive, stretching from upstate New York through Pennsylvania to West Virginia. It’s an exciting time to live and work in the area. SPONSORED CONTENT
