World’s Biggest Shopping Malls
World’s Biggest Shopping Malls:
From Mumbai to Shanghai to California, shopping malls are sprouting up by the dozens every year. And with the retail sector booming, more such swanky shopping plazas are waiting to be built. But all is not as bright as it is projected to be.
While footfalls in most malls are increasing by the day, the volume of actual sale remains more or less static, barring the festive seasons, when sales shoot up. But this too is restricted to select outletss.
However, there is no denying that shopping malls have become an indispensable part of our lives, today. To know more about the world’s 10 biggest shopping malls (area wise), read on…
1. South China Mall
Located in Dongguan, this mall has leasable space for over 1,500 stores in approximately 6.5 million square-feet of total floor area. It has seven zones modelled on: Amsterdam, Paris, Rome, Venice, Egypt, the Caribbean, and California. Although the mall opened in 2005, it still suffers from lack of retailers. Much of the retail space remains empty.
Analysts say that the main reason the mall is so far largely unoccupied is that it is located in the suburbs of Dongguan, which is not well connected by China’s public transport system.
2. Golden Resources Shopping Mall
Located near the Fourth Ring Road in Beijing, China, the Great Mall of China has a total area of 7.3 million square feet (680,000 square metres) spread over six floors. It is 1.5 times the size of the Mall of America. It was completed on October 20, 2004 after 20 months of construction.
3. Central World
This is the largest shopping mall and office complex in Bangkok owned by the Central Group. Spread over 800,000-square-metre, the mall is the largest shopping centre in south-east Asia and is larger than Hong Kong’s Ocean Terminal. Originally called the World Trade Centre, the eight-story mall opened in 1990.
4. The SM Mall of Asia
Also known as MOA, this is the largest shopping mall in the Philippines. Spread over an area of 407,101 square metres, the mall opened on May 21, 2006. The mall is owned and operated by SM Prime Holdings, under the management of Henry Sy, a Chinese-Filipino business tycoon.
One of the mall’s main attractions is the first ever IMAX theatre in the country. The mall features the Philippines’s first Olympic-size (61 by 30 metres) ice skating rink.
5. Dream Mall
Located in Kaohsiung, Taiwan, this is the largest shopping mall in Taiwan and the second largest in Southeast Asia after the Mall of Asia in Manila, the Philippines. Spread over an area of 400,001 square metres, the mall was designed by international architecture firm RTKL, based in Baltimore, Maryland and opened on May 12, 2007.
The mall contains restaurants, movie theatre, gym, and entertainment facilities, including a Ferris wheel nicknamed Kaohsiung Eye.
6. West Edmonton Mall
Located in Edmonton, Alberta, Canada this mall is spread over an area of 3,50,000 square metres. It has over 800 stores and parking for more than 20,000 vehicles. More than 23,000 people are employed in the mall. The mall receives 28.2 million visitors per year and between 60,000 and 150,000 shoppers daily depending on the day and season.
The mall’s amusement park was originally called Fantasyland, until The Walt Disney Company took the mall to court, claiming ownership of the name, which is used in its theme parks such as Disneyland. WEM subsequently renamed the attraction Galaxyland.
7. Cevahir Shopping Centre
Opened on October 15, 2005, it is a modern shopping and entertainment centre located in the Sisli district of Istanbul, Turkey. Spread over an area of 348,000 square metres, Cevahir Mall is the largest shopping centre in Europe, and the seventh largest in the world.
The project, originally a trade complex, including retail centres and three skyscrapers with 40 and 48 floors to replace one of the city’s old bus depots, was designed in 1987 by American architects Minoru Yamasaki & Associates. The foundation stone was laid in 1997; however, it took eight years to complete only the shopping section due to numerous delays.
8. SM City North EDSA
This is one of the biggest and first shopping malls in the Philippines and one of the biggest shopping malls in the world spread over an area of 331,861 square metres. This is the first major shopping complex established by Henry Sy and his company SM Prime Holdings, the largest retail corporation in the country.
Since its establishment in 1983, it has done several major expansions and renovations, and features a bowling alley, food court, garden, entertainment centre and 12-theatres.
9. SM Megamall
This is a large shopping mall in the Ortigas business district of Metro Manila, the Philippines, owned and operated by SM Prime Holdings.
The mall is spread over an area of 331,679 square metres. One of the first ice skating rinks in the country, can be found in this mall. For conventions and functions, the mall houses three SM Megatrade Halls on its top floor. The Bridgeway connecting the two main buildings of the mall contains several eateries.
10. Berjaya Times Square Kuala Lumpur Shopping Mall
Berjaya Times Square KL is tagged as the ‘world?s largest building ever built in a single phase’, with 7.5 million square feet (700,000 square metre) of built up floor area. The mall within is spread over an area of 320,000 square metres.
Currently, the mall has space for more than 1,000 retail shops, 1200 luxury service suites, 65 food outlets and other attractions like Asia’s largest indoor theme park, Cosmo’s World and Malaysia’s first-ever IMAX 2D & 3D theatre. The Kuala Lumpur Monorail’s Imbi station is linked to the building by a footbridge.