![]() ![]() ![]() This impact is still felt in 2022, with rising construction costs and fluctuating material prices. The construction industry was seriously impacted by the pandemic in 2020 like many other industries and professions. Shopping Mall Costs Shopping Mall Building PricesĢ022 Notice: The Effect of the Pandemic on the Construction Industry At the high end, a deluxe supercenter mall with 500,000 sq.ft., 3 levels, a movie theater, restaurants, and 4 anchor stores costs $225M. ![]() neighborhood mall with one anchor for $2.5M. At the lowest cost, you can build a 10,000 sq.ft. two-story regional mall containing 3 anchor stores. The national cost average is $25M to $180M, with most people paying around $75M for a 250,000 sq.ft. This results in a wide range of associated costs. The store types and sizes and whether they include anchor stores also varies. Malls range from large indoor two-story malls and small three-store strip malls to incredibly large supercenters with amusement park rides inside. Shopping centers and malls bring a lot of jobs, entertainment, and resources to an area. Reviewed by Adam Graham remodeling expert. ![]()
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