Having a look at how shopping malls are benefitting the economy.

Though shopping centre expansion is frequently criticised for its ecological footprint, they can also be acknowledged for delivering a set of special opportunities for environmental practices and architectural opportunities when designed and run with sustainability in mind. It is coming to be more popular to see new malls being built using green building practices and innovations, including energy efficient lighting, water-saving features and renewable energy sources, cutting their environmental impact and saving energy anywhere possible. Some shopping malls might even include rooftop gardens and green spaces to help decrease air temperature levels and improve air quality. Additionally, by centralising a range of vendors and enterprises, most major cities offer a variety of shopping centres to visit, where individuals can enjoy retail, stores, restaurants and recreation all in one area. This can help in substantially reducing the ecological effect of transportation, as people can fulfil many commercial duties in a single journey, which can cause fewer vehicles on the road and improvements to traffic circulation and transportation networks.

Shopping centres around the world have become an important aspect of many modern societies. Both in bustling metropolitan environments and quieter towns, shopping malls offer many crucial social benefits. As a fundamental third space, individuals tend to seek out malls and public environments as a safe and accommodating place to spend time and socialise as well as go shopping. Shopping malls are also recognised for holding public activities, focused on gathering the community, such as seasonal celebrations, exhibitions and performances. Along with this, the majority of malls are intentionally created to be available spaces for all members of the neighborhood to visit and feel welcome. Those associated with shopping mall development such as the partner of the US minority shareholder of Mitsui Fudosan, for instance, would identify the social benefits of malls. Similarly, the CEO of the company that owns the Dubai Mall would understand the purpose of shopping malls in forming the urban landscape and national image of a city.

As essential centres for commerce, shopping mall expansion offers a substantial contribution to the overall economy for both community and national enterprises, by supporting businesses, creating work and increasing government profits. Amongst these benefits, one of the most direct benefits on the local community is the generation of work opportunities. Shopping . centers are understood to offer work in a variety of segments featuring retail, security, management and customer support. These jobs have been especially beneficial for university students, part-time workers and those who are seeking first-time job experience. In addition to this, shopping centers help the economy by improving business activity, contributing substantial incomes through sales taxes, which could be reinvested to enhance public facilities and services within the local community. These crucial economic effects of malls could be acknowledged by the chair of the parent company of Westfield Group, for instance.