Discussing the importance of shopping malls in modern society

Discussing the importance of shopping malls in modern society

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This post explores how shopping malls are offering substantial advantages to society and the economy.

Shopping centres around the world have become an integral element of many modern societies. Both in active urban environments and quieter towns, shopping malls offer many crucial social benefits. As a fundamental third space, individuals tend to look for shopping centers and community settings as a safe and practical area to spend time and socialise and also go shopping. Shopping malls are also recognised for holding public events, focused on getting together the neighborhood, such as seasonal events, exhibitions and performances. In addition to this, many malls are intentionally created to be accessible spaces for all members of the neighborhood to check out and feel welcome. Those associated with shopping mall development such as the partner of the US minority shareholder of Mitsui Fudosan, for instance, would acknowledge the social advantages of malls. Similarly, the CEO of the company that owns the Dubai Mall would appreciate the position of shopping malls in forming the metropolitan landscape and national character of a region.

While shopping centre expansion is often criticised for its environmental footprint, they can also be identified for delivering a set of unique opportunities for environmental practices and architectural opportunities when developed and run with sustainability in mind. It is becoming more common to see new shopping malls being developed using green construction practices and technologies, consisting of energy efficient lighting, water-saving innovations and renewable energy sources, cutting their environmental imprint and conserving energy wherever possible. Some malls might even include roof gardens and green spaces to help lower air temperature levels and improve air quality. Furthermore, by centralising a range of suppliers and enterprises, most major cities offer a series of shopping centres to visit, whereby people can enjoy retail, stores, restaurants and recreation all in one area. This can help in significantly decreasing the environmental impact of transport, as people can fulfil many commercial needs in a single trip, which can cause less cars on the road and improvements to traffic flow and transport networks.

As essential facilities for commerce, shopping mall expansion offers a substantial contribution to the economy for both community and regional companies, by supporting businesses, creating jobs and increasing government income. Amongst these benefits, one of the most direct benefits on the local neighborhood is the generation of work opportunities. Shopping centers are known to offer employment in a range of sectors involving retail, security, management and customer support. These jobs have been specifically helpful for university students, part-time workers and those who are seeking first-time job experience. Along with this, malls help the economy by improving business activity, contributing substantial revenues through sales taxes, which could be reinvested to enhance public infrastructure and services within the local area. These crucial website financial impacts of shopping centers could be acknowledged by the chair of the parent company of Westfield Group, for example.

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