How much does it cost to build a mall?

The cost of building a mall can vary significantly depending on a number of factors, including the size and location of the mall, the materials and finishes used, and the level of design and engineering required. Here are some general guidelines:

* Small mall (under 100,000 square feet): $50 million to $100 million

* Medium mall (100,000 to 200,000 square feet): $100 million to $200 million

* Large mall (over 200,000 square feet): $200 million to $400 million

These costs can vary significantly depending on the location of the mall. For example, a mall in a major metropolitan area will typically cost more to build than a mall in a rural area. The materials and finishes used can also have a significant impact on the cost of construction. For example, a mall with high-end finishes, such as marble floors and granite countertops, will typically cost more to build than a mall with more modest finishes.

The level of design and engineering required can also affect the cost of construction. For example, a mall with a complex design or a high level of structural engineering will typically cost more to build than a mall with a more straightforward design.

In addition to the direct construction costs, there are also a number of other costs associated with building a mall, such as land acquisition, financing, and legal fees. These costs can add up to as much as 25% of the total cost of the project.

Overall, the cost of building a mall can be a significant investment. However, with careful planning and execution, it is possible to build a successful and profitable mall that can serve as a valuable asset to the community.