They cost $450 a square foot to build, with an average cost of $564,921,900. They are twice the size of regional malls and may be even larger. They have several anchors and restaurants, sometimes attached housing, and multiple types of entertainment. The super regional mall is an exceptionally large mall that can be considered a destination. They have an average cost of $176,897,700. They often include a mixture of mid-range and high-end retailers and cost $300 a square foot to build. They are often two stories, although some are one story, with a more sprawling layout.
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The regional mall is the shopping center most often categorized as a “mall.” This is an indoor shopping environment with 2 to 3 large anchors and at least one restaurant. They cost $250 a square foot to build, with an average cost of $109,656,500. There may be a few smaller retailers mixed in.
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These include grocery stores, furniture outlets, discount clothing stores, fitness centers, and other large establishments. Power CenterĪ power center is a type of strip mall made up of mostly large anchor-style stores. They have an average cost to build of $350 a square foot with an average cost of $100,755,600. The shopping is usually indoors like a typical mall, and they can be of any size. They may include luxury apartments or condos as part of the structure and high-end retail, restaurants, entertainment, and outdoor dining. Lifestyle shopping centers are a relatively new type of mall.
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They cost $250 a square foot to build, with an average cost of $59,515,000. Outlet malls can be arranged like a mall, without a roof overhead, or like a large strip mall. They are usually located far from populated areas, where real estate and renting is cheaper. Outlet Mall PricesĪn outlet mall or factory outlet mall is a group of stores selling brands at a discount. They cost $250 a square foot to build, with an average cost of $49,377,250. They can be arranged in a straight line or a U, depending on placement.
#Introduction of shopping mall project movie
They usually have at least one anchor, two anchors being common, such as a supermarket and a gym or movie theater. Community Shopping CenterĪ community shopping center is a larger version of a neighborhood shopping center or a large strip mall. They cost $250 a square foot with an average cost of $36,947,750. They can be stand-alone buildings or made as a strip mall.
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Theme MallĪ theme mall is usually made of shops or services that all center on a single theme, such as an antique mall where all the shops sell vintage or antique goods. They cost $250 a square foot to build, with an average cost of $17,956,750. Each store is entered from the outside, like in a strip mall. It usually contains a supermarket or grocery store as an anchor, with several smaller stores, restaurants, or other mixed-use buildings. Neighborhood Shopping CenterĪ neighborhood center is designed to serve the needs of a specific area. They cost $250 a square foot to build, with an average cost of $3,304,500. They can be as small as 3 stores, or as large as 12 or more stores. They may or may not have an anchor or a large store designed to attract customers who will then move on to the other stores in the strip. Strip malls are simple, outdoor malls in either a straight line of stores or a U shape with an average size of 13,218 sq. Below are the average costs to build each type, based on the most common size for each type and the average cost to build: These variations account for differences in cost, either through size or the amount of construction and finishing necessary. They can be fully enclosed or open-air, have anchor stores or not, and have varying numbers of floors, anchors, and features. Shopping malls come in many shapes and sizes.