These World’s Biggest Malls Are Redefining Real Estate

These World’s Biggest Malls Are Redefining Real Estate

These World’s Biggest Malls Are Redefining Real Estate
(Dreamstime)

One of the major landmarks in any city are its shopping malls. They not only positively impact the commercial real estate of that area but also boost the residential real estate of the adjoining localities. An epitome of innovative architecture, malls along with being a necessity for the locals, attract tourists too.

MakaaniQ takes you on a tour of some of the world’s biggest malls and what they offer:

New South China Mall, China

NewSouthChinaMall-SPAR(Wikimedia)

Largest shopping mall in the world based on the gross leasable area, it comes close second to the total area of the Dubai Mall. It is spread in an area of around 9.6 million sq ft and is built on the farmlands of the Wanjiang district. This project was led by Hu Guirong, a billionaire in the instant noodle industry. The mall was designed into seven zones each representing a different international city. The models of the cities in which the mall was designed include, Amsterdam, Paris, Rome, Venice, Egypt, the Caribbean and California. The features of the mall include Arc d3e Triomphe, Venice’s St. Mark Bell Tower, 2.1 km canal with gondolas and a 1, 814-ft indoor-outdoor roller coaster.

Also read: Does Buying More Than One Home Indicate Commercial Intent?

 

Isafahan City Center, Iran

Isafahan Iran(Wikimedia)

Isfahan City Centre is the largest mall in Iran. It was designed by renowned architecture firm Medardo Cadiz of Cadiz International, Inc. and built by Prestige Land, Iran. The city centre covers an area of approximately five million sq ft. It showcases the cultural palette of stories and historic places of Isafahan and its journey to becoming a world-class city. It consists of a World Trade Centre, an International Finance Centre, a museum, airline offices apart from the general shopping outlets.

Utama, Malaysia

1-utama-shopping-centre(Wikimedia)

Situated in Bandar Utama Damansara, Petaling Jaya, Selangor, Malaysia, Utama Shopping Centre has a total built-up area of five million sq ft. The striking feature of the mall is the 30,000 sq ft rooftop garden, the largest in Southeast Asia. The mall has a 36-lane bowling alley, karaoke centres, two film houses Golden Screen Cinemas and TGV Cinemas. It also has sporting activity centres, like baseball, futsal, rock climbing, etc. The mall witnesses an average footfall of 60,000 daily.

Also read: Developers Are Eyeing Tier-II and Tier-III Cities For Building Grade-A Malls

 

Persian Gulf Complex, Iran

persian gulf complex(Wikimedia)

It is the biggest shopping mall in terms of the number of shops here. With nearly 2,500 shops covering an area of 4.8 million sq ft the mall also has a convention centre, a helipad, a tennis court, an indoor and an outdoor swimming pool and a 262-room hotel. The complex has two amusement parks -- an outdoor amusement park Iran Land covering an area of 400,000 sq ft and an indoor amusement park having a three-storeyed billiard hall, a bowling alley and video games. The mall also houses six 240-seater cinema halls. It has four level parking space with a capacity of parking more than 5,000 cars.

West Edmonton Mall

west edmonton(Wikimedia)

Opened in 1981, The West Edmonton Mall is the largest shopping mall in northern America. It is located in Edmonton, Alberta, Canada. It is on par with The Dubai Mall in terms of total area i.e. 3.8 million sq ft. Founded by the Ghermezian brothers, it has more than 800 stores and added attractions including a water park, a skating rink, a casino and rides. The mall receives around 32 million visitors every year and attracts more than 200,000 shoppers every day. It has a parking space for around 20,000 cars. Galaxyland, World Waterpark, Sea Life Caverns/Sea Lions Rock, Mayfield Toyota Ice Palace, Professor WEM's Adventure Golf and Ed’s Recreation Centre are the major attractions of the mall. It holds a number of world records, some of them being world’s largest mall from the year 1985 to 2004, largest indoor waterpark, and largest indoor roller coaster.

The Dubai Mall

Dubai_mall_indoor(Wikimedia)

After getting delayed twice, The Dubai Mall was opened on November 4, 2008. In the history of retail, the opening of Dubai Mall with 1,000 retail shops marked the world’s second largest mall after the West Edmonton Mall. Located in Dubai, United Arab Emirates (UAE), it has an area of 5.9 million sq ft of interior floor and a total area of more than 13 million sq ft, equivalent to 50 football fields. The mall consists of a luxury hotel with 250 rooms, 22 cinema screens and 120 restaurants and cafes. It offers valet services and has a car-parking for over 14,000 cars. The main attractions of the mall are Dubai Aquarium and Underwater Zoo, Dubai Ice Rink, SEGA Republic theme park, KidZania, Rainforest Café and many more. The mall was designed and built by a joint venture of Dutco Balfour Beatty, Al Ghandi/CCC and Turner Construction for Emaar Properties. It holds the world record of world’s largest sweet shop,  Candylicious.

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