Shopping Centers Today

APR 2015

Shopping Centers Today is the news magazine of the International Council of Shopping Centers (ICSC)

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with green concerns in mind. Both of the afore- mentioned have received, f o r e x a m p l e , B R E E A M (Building Research Estab- lishment Environmental Assessment Method) certi- fication for the energy effi- ciency of their designs. One part of the mix that Brown believes will always be with us is value cloth- ing. Bulky cheap goods are difficult to sell profit- ably online, he observes. "I think typically the dis- count retailers have not migrated online because the cost of distribution is a challenge," he said. "But I never say never." M a l l s m a y n o t b e s o lucky with other types of tenants, however. Though the melding of the online a n d p h y s i c a l s h o p p i n g c h a n n e l s i s g r o w i n g i n popularity, click-and-col- lect shopping trends prob- ably will not affect most shopping center designs, Brown says. Instead, he sees interest in develop- ing click-and-collect fa- cilities at railway stations and other busy spots. "At the moment, we're seeing huge interest also in click- and-collect pickup points at high-traffic destinations in the U.K. en route to work or home," he said. Overall, Brown sees a future for malls in Europe that is bright, albeit evolv- ing. "We are very opti- mistic about the future of retail," he said. "But we do acknowledge that it is changing." S C T 54 S C T / A p r i l 2 0 1 5 Minto Mönchengladbach, Germany 26,000 square meters GlA (about 280,000 square feet) Named for the local dialect's word for "mine," this project by a German unit of the ubiquitous Unibail-Rodamco will add 110 shops to this southwest German city. Westfield Milan Segrate, italy 170,000 square meters GlA (about 1.8 million square feet) The biggest mall now under construction in West- ern Europe is Westfield Milan, a joint project of Australia's Westfield, Italy's Percassi Group and local developer Grupo Stilo. Located near Linate Airport, outside Milan, this €1.4 billion mall will be one of the biggest in Europe. The flagship of the new mall will be a nearly 20,000-square- meter Galeries Lafayette. The first phase is slated for completion in 2018. Lublin Mall lublin, poland 60,000 square meters GlA (about 645,700 square feet) This Ikea-developed shopping center will feature that familiar blue-and-gold box, plus a hyper- market, an electronics superstore and 107 other stores when it opens in 2016. Vegas Kuntsevo Moscow 230,000 square meters (about 2.5 million square feet) Like the Crocus Group's two other Las Vegas– brand malls in Moscow, Vegas Kuntsevo, now un- der construction, will feature an amusement park, a cinema and an ice rink. Palm Springs palma de Mallorca 73,000 square meters GlA (about 786,000 square feet) Another Unibail-Rodamco production, Palm Springs is slated to open in 2016. The center will be the largest on the island of Mallorca. Emaar Square istanbul 150,000 square meters GlA (about 1.6 million square feet) Istanbul's sites have impressed tourists for some 1,500 years, and soon Emaar Square will be one more impressive monument. Developed by Emaar, which also built the Dubai Mall (one of the world's largest) and Dubai's Burj Khalifa (the world's tallest building), its facilities will include an ice rink, an aquarium, a 2,400-seat theater complex and parking for 4,500 vehicles. It will also contain 1,000 luxury homes; a 1,800-room hotel; and 40,000 square meters of office space. Metropol Catwalk & Mall istanbul 30,000 square meters GlA (about 323,000 square feet) Emaar Square will face competition when the Metropol Istanbul is completed. This 700,000-square-meter mixed-use development will contain, besides the shopping, a 58-story build- ing and two other towers, a 400-meter rooftop retail street, a health spa and a 16-theater cinema. Roy Higgs International, Annapolis, Md., is designing the retail portion — a joint effort by three Turkish firms: Emlak Konut, Gap Insaat and Varyap. Respublika Kiev, Ukraine 135,000 square meters GlA (about 1.5 million square feet) Despite the political and economic shocks, ex- ecutives of KAN Development Co. promise that this new mall will open on schedule next month. When it does open, with its 450 shops and 50 restaurants and cafés, the mall will be the largest that this embattled country has ever seen. Special features include a 16,000-square-meter Auchan hypermarket; a Happylon, a 10,900-square-meter entertainment park; a 12-screen multiplex; and two sports centers, one with a swimming pool. .

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