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Chapter 3: Mall Development Process

The document outlines the key steps in the mall development process including deciding on a macro and micro location, assessing business potential through analyzing demand and supply characteristics, and selecting a suitable design. Location selection involves analyzing economic indicators and real estate availability while business potential is estimated by profiling customer demographics, income, and shopping trends in the catchment area against existing supply. Design considerations include space allocation, parking, landscaping, and ensuring the mall has an appealing, efficient and well-ventilated layout.

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Shubham Dixit
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0% found this document useful (0 votes)
200 views18 pages

Chapter 3: Mall Development Process

The document outlines the key steps in the mall development process including deciding on a macro and micro location, assessing business potential through analyzing demand and supply characteristics, and selecting a suitable design. Location selection involves analyzing economic indicators and real estate availability while business potential is estimated by profiling customer demographics, income, and shopping trends in the catchment area against existing supply. Design considerations include space allocation, parking, landscaping, and ensuring the mall has an appealing, efficient and well-ventilated layout.

Uploaded by

Shubham Dixit
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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Chapter 3: Mall development

process
Decisions concerning location and design for
a mall are important because
• Cost
• Nature of decision
• Business potential
• Shopping experience
Planning and design decisions:

• Deciding the macro location


• Deciding the micro location
• Assessment of business potential
• Selecting a suitable design and architecture
Deciding the macro location
• Developers rely on macro economic indicators of the
cities from secondary sources: Govt. or private.
• Small study specific to the project. This could be done
in house or could be outsourced to specialized
research and consulting agencies.
• Linited availability of fund
• Insistence by investors
• Familiarity with a region and strong liason with
political, administrative and business spheres in that
region.
Deciding the micro location
• Absolute size and population density
• economic profile
• monthly income
• shopping trends and pattern of consumption
• existing level of market development
• pricing and availability of real estate
Catchment area is of 3 types
• Primary catchment area: The area from
where the mall gets 60-80% of its business.
Regular visitors
• Secondary catchment area: The area from
where the mall gets 15-30% of its business.
Occasional visitors
• Tertiary catchment area: The area from where
the mall gets 5-10% of its business.
Tools for estimating catchment areas:

• PIN codes
• Vehicle number plates
• Customer surveys
• Contest and schemes
Assessment of business potential
• Profile characteristics: demography of customers,
their income, lifestyle, preferences in the catchment
area
• Demand characteristics: How much is demanded by
customers in the catchment area
• Supply characteristics: total supply of products and
services by the existing sellers in the catchment area
• Business potential: Assessed after analyzing the
above 3 parameters
Estimation of demand situation
• Voter list, electricity connections, list of house tax, water /
sewerage bill
• Average income of each household through secondary
data
• Sample survey in the catchment area
• Av. Sales in Rs/sq.ft of retail space through list available
with associations and publications
• Services of professional consultants and researchers
• Estimation of supply situation: detailed listing and
estimation of retail space available in the catchment area
Estimation of supply situation
• Comprehensive fieldwork and includes
detailed listing of retail space available in the
catchment area
• Estimation is done separately for each
product and service category
Estimation of business potential
• Difference between the demands and supply
of product categories and services translated
to tenant mix
• This tenant mix has to be translated to
equivalent mall space
Summing up the planning process
• Developer can decide locations for
categories/brands inside the mall on the basis
of preferences manifested by shoppers with
similar profiles elsewhere(analogous method).
This is also called zoning.
Checking suitability of a plot for mall
development
• Location
• Connectivity and accessibility
• Visibility
• Size of the plot
• Zoning classification: use of the plot(commercial/for
mall use/residential use etc.)
• Condition of plot
• Available infrastructure
• Neighbouring building
Mall design process
• Developing the concept and feasibility
• Appointing the architect
• Preliminary design
• Schematic design
• Detailed design
• Development of construction drawing
Elements of mall design and architecture
• Allocation of open versus covered space
• Extent of vertical expansion
• Vehicular circulation and parking
• Loading docks
• Landscaping
• Pad or platform development
• Façade or external appearance
• Overall theme of architecture
• Size, shape and nature of atriums
• Building layout
• HVAC, lighting and acoustics
• Special provision for anchor tenants
• Basic facilities and amenities
• Safety features
Characteristics of a good mall design

• Aesthetically appealing
• Efficient use of space
• Open appearance
• Natural ventilation
• Natural illumination
Elements of mall design and architecture
• Location of open versus covered space
• Extent of vertical expansion
• Vehicular circulation and parking
• Loading docks
• Landscaping
• Pad or platform development
• Facade or external appearance
• Overall theme of architecture
• Size, shape and number of atriums
• Building layout
• HVAC, lighting and acoustics
• Special provision for anchor tenants
• Basic facilities and amenities
• Safety features
Characteristics of a good mall design

• Aesthetically appealing
• Efficient use of space
• Open appearance
• Natural ventilation
• Natural illumination

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