CapitaLand has opened the largest mall in its real estate portfolio taking up a space that’s three times the size of ION Orchard.
The mall, called Suzhou Center Mall, is the first mall in the Chinese city and opened last Saturday (Nov 1), pulling in more than 400,000 in shopper traffic.
Taking up nearly 300,000 sq m in gross floor area (GFA), it is located in the heart of the western central business district (CBD) of Suzhou Industrial Park, right next to the renowned Jinji Lake and traditional Suzhou city centre.
The launch of the Suzhou Center Mall marks a record year of shopping mall openings for the CapitaLand.
In a statement on Monday (Nov 13), CapitaLand Limited CEO Mr Lim Ming Yan said: “Close to one million sq m of retail GFA across eight developments turned operational in 2017, marking our largest ever retail GFA offering in a single year”.
The eight developments comprise SingPost Centre in Singapore and Melawati Mall in Malaysia among six others in China.
Suzhou Center Mall boasts over 600 brands, with about 30% of them being new entrants to Suzhou.
These “firsts” for Suzhou include popular brands like Victoria’s Secret, Forever 21 and HAY furniture store.
And it doesn’t stop with just shopping brands.
Other firsts for Suzhou include CGV cinemas, a Fanpekka children’s theme park, and an indoor simulated counter strike gaming centre.
Designed by multiple award-winning architectural firm Benoy, the seven-storey Suzhou Center Mall (with six levels above ground and one retail basement level), is easy on the eyes as well.
It’s gently undulating roof is the world’s largest free-form monocoque roof at over 36,000 sq m.
According to CapitaLand, the mall is designed as “a green oasis that meets local and international design and sustainability standards”.
CapitaLand, through its wholly owned shopping business CapitaLand Mall Asia, is the co-owner and co-developer for the shopping mall and two 21-storey office towers.
It owns and manages a total of 109 malls (of which 95 are operational) across Singapore, China, India, Japan, Malaysia and Vietnam.