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

Shopping centres around the world have come to be an important aspect of many modern-day societies. Both in active city environments and quieter towns, shopping malls offer many important social advantages. As a basic 3rd space, individuals tend to seek out malls and communal environments as a safe and practical place to spend time and hang out as well as go shopping. Shopping centers are also identified for holding public activities, aimed at getting together the community, such as seasonal events, exhibitions and performances. In addition to this, many malls are intentionally made to be available spaces for all members of the community 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 recognise the social benefits of malls. Likewise, the CEO of the company that owns the Dubai Mall would understand the position of shopping malls in growing the metropolitan landscape and national image of a city.

Although shopping centre expansion is frequently criticised for its ecological footprint, they can also be identified for offering a set of special opportunities for environmental practices and architectural opportunities when designed and managed with sustainability in mind. It is coming to be more common to see newer shopping malls being developed using green building practices and innovations, consisting of energy efficient lighting, water-saving innovations and renewable energy generators, cutting their environmental impact and conserving energy wherever possible. Some shopping malls might even include rooftop gardens and green spaces to help decrease air temperature levels and improve air quality. In addition, by centralising a variety of suppliers and business enterprises, many significant cities offer a series of shopping centres to visit, whereby individuals can delight here in retail, stores, dining establishments and entertainment all in one space. This can help in significantly decreasing the environmental impact of transportation, as people can fulfil many commercial needs in a single trip, which can result in fewer vehicles on the road and enhancements to traffic circulation and transportation networks.

As important centres for commerce, shopping mall expansion offers a significant contribution to the overall economy for both local and international companies, by supporting businesses, creating employment and increasing government earnings. Amongst these benefits, among the most direct advantages on the regional community is the development of recruitment opportunities. Shopping centers are known to offer work in a variety of sectors including retail, security, management and customer support. These jobs have been specifically beneficial for students, part-time workers and individuals who are looking for first-time job experience. In addition to this, malls help the economy by improving business activity, contributing considerable incomes through sales taxes, which could be reinvested to enhance public facilities and services within the local region. These crucial economic effects of malls could be acknowledged by the chair of the parent company of Westfield Group, for example.