World’s Largest Malls

By Tom Van Riper
Photo courtesy of South China Mall

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World’s Largest Malls

They’re springing up all over Asia, but will they last?

Heading out to the mall – isn’t that yesterday’s way to shop?

Not in Asia, where land is cheap and labor costs are low. A building boom has enormous shopping malls popping up in China, Malaysia, and the Philippines, with India expected to jump into the fold soon. Based on gross leasable area, or the amount of space devoted to revenue-producing operations like stores, amusements and food, the continent is home to nine of the world’s 10 largest malls, six of which have been built since 2004. That’s added some 27 million square feet of shopping space to cities like Beijing and Guangzhou in China and Kuala Lumpur in Malaysia.

In Pictures: The World’s 10 Largest Shopping Malls
While many traditional malls in North America are getting squeezed by a big-box era that includes the likes of Wal-Mart stores, Best Buy, and Target in nearly every county, Asia’s rapidly growing economy has spawned a new wave of consumers looking for places to shop and play.

Most of them are quite ritzy, too. A pair of Chinese malls that rank as the world’s two largest – the South China Mall in Dongguan and Golden Resources Mall in Beijing – include features like wind mills and kids’ theme parks. Golden Resources Mall is surrounded by newly built apartments and office buildings.

Just four years ago, the top 10 list would have included a pair of popular California destinations – South Coast Plaza in Costa Mesa and Del Amo Fashion Center in Los Angeles– along with the King of Prussia Mall in Pennsylvania and the famed Mall of America in Bloomington, Minn.

“It’s almost unimaginable, the boom that has occurred in these Eastern cities,” says Emil Pocock, a professor at Eastern Connecticut State University, whose American Studies department has documented the sizes and amenities of the world’s largest malls. Many more of those regions’ consumers now own cars, he notes, a phenomenon that has stimulated demand for more destination shopping centers. That’s attracted money from mall-management groups from outside the country, largely from Indonesia and Japan.

“These people need a place to shop, and it’s not going to be at the old shopping districts that date back to the days of traditional socialist rule,” Pocock says.

There’s a downside to all this building in China, at least in the short term. With many residents still accustomed to shopping in small local shops, demand isn’t yet keeping up with supply at the new, big malls, according to information supplied to Eastern Connecticut State by Steven Beesley, co-founder of the Institute of Shopping Centre Management in Hong Kong. Malls built outside the downtown areas of major metros could have trouble surviving, he thinks.

In the U.S., meanwhile, the traditional shopping mall is part of a saturated market, thanks to the off-mall big-box retailers and to retail-industry consolidation that has jettisoned previously popular anchor stores like Montgomery Ward from the landscape. Many malls have taken to revamping or downsizing to survive. At the Houston Mall in Texas, for example, a traffic court and outpatient health-care services have replaced big stores like Sears.

And at Illinois’ Park Forest Mall, near Chicago, Sears and other big stores were razed about 10 years ago to make way for a Main Street thoroughfare that includes a town green, residential units and a series of smaller stores.

In the hope of finding future growth, developers are turning to mixed-use centers, projects that combine retail, dining, entertainment and residential living units, not unlike some of the new Asian malls, like the Beijing Mall and Berjaya Times Square in Malaysia.

“We recognized in the ’90s that the future of the business would be acquiring properties and [enhancing] them,” says John Bucksbaum, chief executive of General Growth Properties.

An acquisition spree begun in 1993 has increased his company’s portfolio of shopping- center properties to more than 200, with a market capitalization of approximately $37 billion, from 22 centers and a $1.2 billion market cap. An ambitious project that sums up GGP’s vision is a massive redevelopment of the Natick Mall, a 40-year-old shopping center in suburban Boston. Longtime anchors Macy’s and Sears aren’t going anywhere, but a major expansion will add two luxury condominium complexes and an upscale shopping area headlined by Neiman Marcus and Nordstrom.

Elsewhere, mixed-use “lifestyle centers,” a creation of outdoor urban villages that mix retail theater and condos, are lining the map more and more. At Biltmore Fashion Park in Phoenix, outdoor walkways, myriad restaurants and spas surround top retail names like Neiman Marcus and Gucci. And at The Oaks, originally a 1970s-era mall in Thousand Oaks, Calif., near Los Angeles, a 1993 makeover helped it fit in with a planned suburb that includes growth areas like Simi Valley, Camarillo and Agoura Hills.

If the trend holds, say goodbye to the store-dominated mall, one where weary shoppers looking for a dining or amusement break are limited to the food court and the arcade room.

“It creates more density on the land you already own, which a lot of communities prefer to urban sprawl,” Bucksbaum says.

– Robert Malone contributed to this article

In Pictures: World’s 10 Largest Shopping Malls

Top 10 Shopping Malls of the World

gifts for others or for their own. Not only to buy gifts, people go to shopping
malls just to enjoy the holiday atmosphere.

Indeed shopping malls have become part of the
lifestyle of millions of people in United States. To make people stay longer,
companys have built bigger and fancier shopping malls. Recently opened Victoria
Gardens, a open style shopping mall with 110 shops including three department
stores in Rancho Cucamonga, CA, has amazed me with beautiful lanscaping and
downtown like shopping atmosphere. As a result we end up spending minimum of 2
hours in the mall. However the mall is considered tiny compare to the world’s
second largest shopping mall, West Edmonton Mall in Canada which includes indoor
wave pool with beach, amusement park with rollar coasters and large water tank
with submarine ride, which I visited few years ago.

So ever wondering what’s the biggest mall of
the world? Have you visited any of them yet? And are any of them in nearby
cities or even in the Unites States? Here’s the list of the world’s largest
shopping malls according to shopping areas from the studies conducted by Eastern
Connecticut University.

  1. Golden Resources Shopping
    Mall(Beijing, China) : the largest mall in the world has 6 million square feet
    of shopping areas, equivalent to 100 football fields. The 6 level shopping mall
    was opened last year with more than 1000 stores.
  2. West Edmonton Mall(Alberta, Canada): held the title for the
    largest mall in the world for 20 years but is still the largest shopping mall in
    North America with 3.8 million square feet of shopping spaces. The mall was
    opened in 1990 with 800 shops and water park, amusement park, indoor lake,
    aquarium, mini golf and ice ring.
  3. Beijing Mall(Beijing, China): the 3.4
    million square feet mall in China was opened this year with 600 shops on four
    level of shopping with residences.
  4. Grandview Mall(Guangzhou, China):
    With three out of four world’s top shopping malls from China, now you should
    know why people call China the next world’s largest market. The mall in
    Guanzhou, southern China was opened this year with 3 million square feet of
    shopping area.
  5. South Coast Plaza(Costa Mesa, CA, USA): largest shopping mall in
    United States since 1967 with 2.7 million square feet of shopping area and 280
    stores.
  6. Aricanduva Mall(Sao Paulo, Brazil):
    largest mall in South America with 2.6 million square feet of shopping space.
    Built in 1991 the mall has total of 534 shops.
  7. Mall of America(Bloomington, MN, USA): largest mall in United
    States in terms of total area (4.2 million square feet). The shopping area is
    about 2.5 million square feet with 520 shops. The 1992 built mall also has theme
    park, underwater aquarium and museums.
  8. Mall of the Emirates(Dubai, United
    Arab Emirates): the largest mall in Middle East with 2.4 million square feet and
    350 shops built this year.
  9. Danbury Fair Mall(Danbury, Connecticut, USA): a 1.5 million
    square feet shopping mall with 250 shops.

 

 

posted by Stock Geek @ 10:53
AM

 

12 Comments:

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This is a pretty good list. I’ve been to more malls than I care to admit. I
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World’s Largest Shopping Centers

Shopping Center Studies at Eastern Connecticut State University

World’s Largest Shopping Centers



A partially completed section of the South China Mall in Dongguan.
[Nelson Ching/New York Times]
Asian Shopping Mall Boom


The shopping mall construction boom in Asia has attracted a good deal of international media attention during the past few years. Eight of the ten largest malls in the world were in Asia in early 2008 and several more mega-malls in China and the United Arab Emirates are under construction.

Mall watchers have predicted that within the next few years, seven of the ten largest shopping malls in the world will be in China alone. Typically, Chinese mega-malls are only parts of a much larger residential, office, and entertainment complexes. An informative discussion of this phenomenon is an article by David Barboza, “China Builds Malls on Gigantic Scale, “ New York Times, May 25, 2005. This phenomenon is also surveyed in a short article, with images of the ten largest malls, by Tom Van Riper in “World’s Largest Malls,” Forbes.com, January 18, 2008.

Some of the largest international malls listed below may not be fully operational or even open, in part due to the recent world-wide economic recession.


Table 3
World’s Largest Shopping Centers Compared


This table is compiled from data reported by Directory of Major Malls (2008) for US and Canada and by various mall management companies on official web pages and press releases for the rest of the world. Data may not be consistent or entirely reliable. This is especially true of claimed gross leasable area (GLA), the criterion upon which the ranking is based. GLA is the area of interior floor space leased for retail shops, services, restaurants, and entertainment, such as night clubs, video arcades, and cinemas. For further discussion, see The Largest Malls on this site. Thanks to those who have provided additions and corrections.

Most of these malls have their own web sites. A larger number of additional sites offer discussions of these malls, photographs, travel and visiting suggestions, and similar information.

Shopping Mall Year
Opened
GLA
Square feet
(Square meters)
Total Area Square feet
(Square meters)
Stores Comments
South China Mall Dongguan, China
2005
7.1-million
(660,000)
9.6-million
(892,000)
1,500
The world’s largest shopping mall in early 2006 arrayed six separate themed areas. Apparently, most of the retail spaces are vacant, but the amusement area attracts visitors.
Jin Yuan
(Golden Resources Shopping Mall)
Beijing, China
2004 6.0-million
(560,000)
7.3-million
(680,000)
1,000+ Also known as the “Great Mall of China,” this mega-mall has 6 floors and is located near the Fourth Ring Road, west of Beijing. Recent visitors report that the mall is largely unoccupied.
SM Mall of Asia
Pasay City, Philippines
2006
4.2-million
(386,000)*


The largest mall in the Philippines is four buildings connected by walkways. It features several cinemas and movie theaters, an ice skating rink, and Science Discovery Center.
Dubai Mall
Dubai, United Arab Emirates
2008
3.8-million
(350,000)
5.9-million
(550,000)
1,200
Part of a much larger upscale entertainment and lifestyle center featuring KidZania, a 22-screen Cineplex, 5-star hotel, walk-through aquarium, indoor theme park, ice skating rink, and food court.
West Edmonton Mall
Edmonton, Alberta, Canada
1981 3.8-million
(350,000)
5.3-million
(490,000)
800 Largest shopping mall in North America; includes indoor wave pool, amusement areas, hotel, restaurants; 20,000 parking spaces.
Cevahir Istanbul
Istanbul, Turkey
2005
3.8-million
(348,000)
4.5-million
(420,000)
280
Apparently the largest shopping mall in Europe; has six floors, cinemas, roller coaster, and theater.
SM City North Edsa
Quezon City, Philippines
1985 3.6-million
(332,000)*
900
Has five floors, 12 digital movies theaters, and a 200-shop Cyberzone; an IMAX theater planned to open in early 2009.
SM Megamall
Mandaluyong City
Philippines
1991 3.6-million
(332,000)*
600 Has a bowling center, ice skating rink, 12 movie theaters, and convention halls. One source credits the mall with 200 restaurants.
Berjaya Times Square
Kuala Lumpur, Malaysia
2005
3.4-million
(320,000)
7.5-million
(700,000)
1,000+
Includes 45 restaurants, a theme park, and 3D Digi IMAX theater.
Beijing Mall
Beijing, China
2005
3.4-million
(320,000)
4.7-million
(440,000)
600 Has 4 levels of shopping with interior residences; located near Fifth Ring Road, southeast of Beijing.
Zhengjia Plaza
(Grandview Mall)
Guangzhou, China
2005
3.0-million
(280,000)
4.5-million
(420,000)

Enclosed in a complex that includes a 48-story hotel and 30-story office building.
SM City Cebu
Cebu City, Philippines
1991
2.9-million
(267,000)


Four -level shopping complex near the port area with food court, eight cinemas, and amusement center. Further expansion planned in 2011
Mall of America
Bloomington, Minnesota,
USA
1992 2.8-million
(260,000)

4.2-million
(390,000)
520
Largest shopping mall in the United States (by total area); includes a theme park, entertainment district on the 4th floor, and aquarium. .
South Coast Plaza
Costa Mesa, California, USA
1967
2.7-million
(250,000)

280 Anchored by Sears, Macy’s, Nordstrom, Saks Fifth Avenue, and Bloomingdale’s department stores.
Millcreek Mall
Erie, Pennsylvania, USA
1975
2.6-million
(242,000)

142
Anchored by Sears, JC Penny, Macy’s and Bon Ton.
Central Commercial Santafe
Bogota, Columbia
2006
2.7-million
(250,000)

485
Enclosed mall on three floors has six themed plazas; largest in Columbia.
Central World Plaza
Bangkok, Thailand
2006
2.6-million
(244,000)

500+
21-screen cinemas, bowling lanes, and restaurants; also a convention center (not included in the GLA).
Aricanduva Mall
Sao Paulo, Brazil
1991
2.6-million
(242,000)
3.7-million
(342,000)

535 Largest mall in Brazil; part of a complex of 3 shopping malls with a total area of 11.8-million sq ft.
Chia Tai Square
Shanghai, Jiangsu, China
2005
2.6-million
(240,000)


News releases in late 2005 touted it as “Asia’s biggest shopping mall,” but several other Asian malls appear to be considerably larger.
Siam Paragon
Bangkok, Thailand
2005
2.5-million
(230,000)
4.1-million
(380,000)

Features the Paragon Department Store, many upscale shops and a gourmet market, as well as a 15-screen cinema, aquariaum, art gallery, concert hall, and bowling alleys.

Del Amo Fashion Center
Los Angeles, California, USA

World’s 10 Largest Shopping Mall

Before I read this, I never really know about this at all. Now that I came across this article, I am really interested to know which 10 malls would be the world’s largest shopping mall in the world.

Read on.

10 shopping malls rank as the world’s largest, based on the amount of “Gross Leasable Area” – the number of square feet the property has for revenue-generating activities like retail, dining and amusements. Asia is home to eight of the world’s 10 largest malls, six of which were built in the last three years. Rankings are based on statistics from Eastern Connecticut State University, which compliles data from mall management companies.

[source: Forbes]

World's Largest Mall

South China Mall
Location: Dongguan, China

Year Opened: 2005
Gross Leasable Area: 7.1 million square feet
In the Chinese mall arms race, this facility opened a year after the Golden Resources Mall to displace it as the country’s and the world’s largest. The space includes wind milss and theme parks, plus a replica of the Arc de Triomphe.

World's Largest Mall

Golden Resources Shopping Mall
Location: Beijing, China
Year Opened: 2004
Gross Leasable Area: 6 million square feet
Not sprawling, this is a stackep-up five story mall. Approximately 1,000 stores, selling plenty of familar global brands like Nike and DKNY. A truly ambitious real estate project, with new apartments and offices, surround the mall. A tough location outside the heart of the city has resulted in disappointing traffic from foreign tourists.

World's Largest Mall

SM Mall of Asia
Location: Pasay City, Philippines
Year Opened: 2006
Gross Leasable Area: 4.2 million square feet
Includes the first Olympic-sized swimming pool and first IMAX theater in the Philippines. Spread over four buildings, customers can get around on a 20-seat tram

World's Largest Mall

West Edmonton Mall
Location: Edmonton, Alberta, Canada
Year Opened: 1981
Gross Leasable Area: 3.8 million square feet
The biggest in North America, the West Edmonton Mall has over 800 stores, along with attractions like a water park, skating rink, casino and rides.

World's Largest Mall

SM Megamall
Location: Mandaluyong City, Philippines
Year Opened: 1991
Gross Leasable Area: 3.6 million square feet
Fun stuff includes bowling, ice skating and a 12-cinema movie theater, along with traditional mall fare like arcade games. Customers can also get a haircut or see a doctor at the Manila clinic.

World's Largest Mall

Berjaya Times Square
Location: Kuala Lumpur, Malaysia
Year Opened: 2005
Gross Leasable Area: 3.4 million square feet
Built with an adjacent hotel and convention center. In addition to over 1,000 retail shops, the mall includes a 12-story-high roller coaster, plus a pool, skating rink and “Cosmo’s World,” a children’s theme park.

World's Largest Mall

Beijing Mall
Location: Beijing, China
Year Opened: 2005
Gross Leasable Area: 3.4 million square feet
The first real suburban mall in China, located about an hour from downtown Beijing, this center has four levels with parking for 8,000 cars, plus a man-made beach. Bootlegged DVDs of American movies are a top seller.

World's Largest Mall

Zhengjia Plaza
Location: Guangzhou, China
Year Opened: 2005
Gross Leasable Area: 3 million square feet
Has been known to attract over half a million shoppers on a good day. Another mixed-use space, the mall has a hotel and office tower in addition to retail stores.

World's Largest Mall

SM City North Edsa
Location: Quezon City, Philippines
Year Opened: 1985
Gross Leasable Area: 3 million square feet
The first major “mega mall” built by SM Prime Holdings, which now claims three of the largest 10 in the world. It’s a five-story complex that boasts over 100 retail outlets and restaurants, along with 12 cinemas, a bowling alley and skating rink. An IMAX theater could be added soon.

World's Largest Mall

King of Prussia Mall
Location: Philadelphia, Pennsylvania, USA
Year Opened: 1962
Gross Leasable Area: 2.8 million square feet
This product of the original U.S. mall building surge in the early 1960s still survives on the top 10 list, at least until the next big project goes up in Asia. Billing itself as the “premier shopping destination on the East Coast,” this mall takes advantage of its location right off the Pennsylvania Turnpike to draw shoppers from New York, New Jersey and Maryland to its 400 stores. Despite a lack of theme parks and other modern amenities, package deals with Radisson Hotels and cross-marketing with nearby attractions like the Revolutionary War encampment at Valley Forge draw out-of-state shoppers looking to get away for a day or two.

Berjaya Times Square Kuala Lumpur Shopping Mall

biggest-mall_10.jpgWhile compiling the list for the Largest Malls of the World, I wondered if I would have to globetrot and surrender my soul to all the master craftsmen who built these modern-day temples. These modern day marvels are spread across tens of thousands of square feet with thousands of stores enticing you to exhaust your credit card limit. Seducing you with their glamor and tantalizing you with its wares, shopping malls have come a long way from the rowdy bazaars to sophisticated splendor.

10. 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.

 


biggest-mall_9.jpg

9. 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.

biggest-mall_8.jpg

8. 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.

biggest-mall_7.jpg

7. 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.

biggest-mall_6.jpg

6. 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.

biggest-mall_5.jpg

5. 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  mployed 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.

biggest-mall_4.jpg

4. 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.

biggest-mall_3.jpg

3. 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.

biggest-mall_2.jpg

2. 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.

biggest-mall_1.jpg

1. 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.