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I'll start with my city, Toronto. According to this link, there are 7 enclosed malls in the Greater Toronto Area with over 1 million square feet of gross leaseable area:
I could have sworn it used to list 8 such malls, but maybe I was wrong.
The largest enclosed mall in the GTA is Square One, with 1.8 million square feet according to the link. With the expansion under construction though, it will surpass 2 million square feet next year.
There is also at least 1 power centre with over 1 million square feet of retail area in the GTA - Heartland Town Centre in Mississauga has about 2 million square feet of retail! I'm guessing it's the largest power centre in North America.
These are the 20 largest malls in the US, and all of them are in excess of 2 million square feet. The Mall of America, the largest on the list, is 4.2 million. https://en.wikipedia.org/wiki/List_o..._United_States
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^^Yea, it has to be NYC, based solely on population alone. Throw in "financial capital of the world" status, and I'm sure the NYC metro has more malls than it actually needs.
Here's the results for the Delaware Valley (Greater Philadelphia). The 1,000,000 sq ft requirement will knock most of these out of contention, but that still leaves King of Prussia, Philadelphia Mills, Cherry Hill Mall, Christiana Mall, Deptford Mall, Exton Square Mall, Moorestown Mall, Willow Grove Park Mall, and Neshaminy Mall. The Concord Mall in Wilmington just misses the cut.
Well I think it's logical that the largest population centers are going to play host to the highest number of large retail centers. I'm not sure what this discussion really brings to light, other than what should be logically concluded anyway.
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Quote:
Originally Posted by mjlo
Well I think it's logical that the largest population centers are going to play host to the highest number of large retail centers. I'm not sure what this discussion really brings to light, other than what should be logically concluded anyway.
Well, I think if we do enough homework, we could break the metros down on a per capita basis, and see who punches above their weight and who underperforms.
It might also lead to some more insight, as a region that might seem to "underperform", based on simple numbers, might actually have some mitigating circumstances (geography, avg mall size, etc.) that explain why that region has less malls than expected. So there's still things left to discuss, though it's going to take some number crunching.
I'd actually be curious to know if there are any true malls that lie directly on a rapid transit or commuter rail line.
Well I think it's logical that the largest population centers are going to play host to the highest number of large retail centers. I'm not sure what this discussion really brings to light, other than what should be logically concluded anyway.
Agreed. Even a metro like St. Louis, that has less than 3 million people, has at least 5 malls in excess of 1 million square feet (Saint Louis Galleria, West County Center, St. Clair Square, Chesterfield Mall, and St. Louis Outlets). Not all of them are doing well though, as the St. Louis Outlets are definitely struggling, and the Chesterfield Mall took a sales hit because two separate outdoor outlet malls opened in the same suburb.
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