Different Types of Shopping Malls
A neighborhood center
A neighborhood center is a small scale mall that serves a local neighborhood specifically. They mostly have a drugstore or a supermarket as an anchor. They are also commonly arranged in the format of a strip mall. These types of malls have a retail area of around 30,000 to 150,000 square feet. They also serve a primary area in a 3 mile radius.
A community hall
A community hall can be said to be larger than a neighborhood center. It also offers a very wide range of goods. They mostly feature two anchor stores that are extremely larger than that of a neighborhood center.
A regional center
A regional center is a type of a shopping mall that is designed in such a manner that it can serve a much larger area when compared to a conventional shopping mall. Thus it is capable of offering a much larger retail area and thus it can serve numerous customers at a single point of time.
This is a very large type of shopping center. It covers an area of over 800,000 square feet and this is a gross leasable area.
A fashion center
A fashion shopping center usually consists of upscale boutiques and apparel shops and these cater to customers who are rich or have access to a higher level of income. They also have a retail area that ranges between 80,000 to 250,000 square feet.
A power center
A power center is a very large shopping center that features a lot of big box retailers as anchors. They have a retail area that is in between 250,000 to 600,000 square feet and they also have a primary trade area of 5 to 10 miles.
These types of shopping centers have a very distinct and unifying theme that is followed by individual shops and also their architecture. They are mostly located in the urban areas and cater to a large number of tourists.