Shopping Center Setup (Essay Sample)

Shopping mall development in my neighborhoodStudent nameInstitution of affiliation
Shopping mall development in my neighborhood
Introduction According to Gudonaviciene and Alijosiene (2013), a shopping center is a group of commercial and retail establishments set up within a given region for a particular purpose. The definition is further enriched by Wilhelm and Mottner (2011) to include contemporary lifestyle centers that promote cohesiveness and inclusivity of buyers and sellers (p.24). As such, Rajagopal (2009) reports numerous benefits attached to the growth and development of shopping centers.
Conceptualizing the shopping center development
Despite the numerous challenges associated with the development of a shopping center, there are equally immense benefits associated with it (Wilhelm & Mottner, 2011). First, it creates a social community through which the local and regional residents can build an experience economy (Gudonaviciene and Alijosiene, 2013). In the mix are buyers, sellers, and a cluster of tenants (p.545). However, as Wilhelm and Mottner (2011) reports, the conglomeration of this mix is highly dependent on the microeconomic accessibility of the site in question. Resultantly, the availability of the right combination of the conceptualized center and a supportive economic climate fosters trade (Rajagopal, 2009).Apart from offering a suitable platform for trade, Gudonaviciene, and Alijosiene (2013) eludes that the growth of the shopping center can effectively foster lifestyle improvement for the residents. According Rajagopal (2009), by conferring convergence to demand and supply, the shopping center will offer affordable life-improvement facilities. This way, the livelihood of the residents and other individuals in the region is immensely improved.Third, Pitt and Musa (2009), shopping centers bring a plethora of services and products closer to consumers. As such, the distribution chain and product bulkiness are effectively eased. Consequently, development of the shopping center will be a suitable tool for developing the societal capability to meet and deliver essential goods and services to consumers.
Conclusion
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