Shopping malls took a hit from the pandemic. Yet, now that the vaccine has started rolling out, more and more people are visiting the mall. Cities can get more tourists and revenue if they build shopping malls in their area. These are must-know steps to building a shopping mall that every municipal leader should know.
Costs and Permits
The first thing you have to figure out when building a shopping mall is cost. How will the city finance such a project? Leaders should visit multiple banks and investors to ensure the project is feasible. Once the cost is figured out, it’s time to think about the permits. Where will the mall go? What permits are needed to build something of such a substantial size? These are things you must determine before building can begin.
Design
Next, think about the design of the mall. How big will it be? Will it have indoor and outdoor features? During this stage of the process, think about customer conveniences, as well. Consider installing one of the different types of mechanical parking lifts to ensure that people have a place to park their cars while shopping.
What Stores To Include?
Once all of the building blocks are in place, the final step to building a shopping mall is to think about what stores you should include. This part of the process requires a little research. For example, consider your demographic. Should you include shops that appeal to younger or older buyers? Also, think about the weather. If you’re building a mall in a warm-climate area, then you’ll need more shops that sell summer apparel.
Shopping malls will make a comeback now that COVID-19 cases are decreasing. In fact, cities should consider building a few shopping malls if they don’t have some already to increase revenue. Malls should bring in a bunch of tourists and money.
