Take a look inside the most valuable mall in America, a massive $6 billion shopping center in Hawaii with more than 350 stores
- Despite the fact that many malls across America are suffering, some are doing quite well.
- Hawaii’s Ala Moana Shopping Center was recently named the most valuable mall in America, with nearly $6 billion in total assets.
- The mall has more than 350 stores and restaurants.
The retail apocalypse has claimed many malls across America, but some of the best in the country have continued to thrive. Located in Honolulu, Hawaii, the Ala Moana Shopping Center was recently named the most valuable mall in America.
With over 350 stores and restaurants ranging from budget-friendly chains to high-end boutiques and department stores, the Ala Moana Center is worth roughly $5.74 billion, with about $1,500 in sales per square foot, according to a recent study by the research firm Boenning & Scattergood, which was reported on by CNBC.
Keep scrolling for a tour of the shopping center:
The Ala Moana Shopping Center is the largest open-air mall in the world, with over 2.4 million square feet of retail space catering to tourists and Hawaiian locals of all ages and budgets.
An expansion in 2013, celebrated with a massive opening ceremony, brought over 300,000 square feet of additional retail space and 800 additional parking stalls. In the most recent expansion, a Target store was added.
The mall has over 350 stores, including more than 100 restaurants ranging from international chains to local food vendors.
Read the full article from it’s original source: http://uk.businessinsider.com/americas-most-valuable-mall-ala-moana-photos-details-2018-1