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Property strategy and funding(is the module) Write an on the history of the development of shopping malls in the UK and their impacts (positive and negative) on city centres. Refer to at least three case studies - Essay Example

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Property strategy and funding(is the module) Write an on the history of the development of shopping malls in the UK and their impacts (positive and negative) on city centres. Refer to at least three case studies

The malls evolved in stages. In Mesopotamia city of Ur, by 1600 B.C someone decided to separate a street of shops from the town with doors which were closed at night. That is the first trace of the 'enclosed shopping promenade" evolved in more than a millennium. Then the ancient Greeks had their liking for market and the market place was the centre of debate and discussion. As the stoicism was named for the stoa, it was large roof structure; walled on three sides. Stoa, along with other purposes, was used for marketplace. In Roman Empire Trajan decided to replace crowded jumble of streets and small buildings with grand buildings with a formal plan. Aula Traiana was the two story market with vaulted roof. (Paquet, 2003 pp, 87) The early history of shopping mall dates back to 10th century A.D of Isfahan's Grand Bazzar, largely covered and 10 kilometers covered Tehran's Grand Bazzar has also a long history. Grand Bazzar of Istanbul which is still one of the largest covered markets in the world with about 58 streets and almost 4000 shops was built in 15th century. Saint Petersburg's Gostiny Dvor, the first purposely- built shopping mall was constructed in 1778, consisting of 100 shops with an area of 53,000 m. (New York Times. November 15, 1957). In 1774 the Oxford Covered Market was established in England and is still running. The Burlington Arcade was opened in 1819 in London. United States owed the concept of shopping malls to The Arcade built in Rhode Islands in 1828.
Shopping Malls in Britain:
For modern shopper the shopping under one roof seems natural but for mediaeval shopper it was all strange. In medieval days many European countries were controlled by guilds that took care to see what was sold and made. It kept stores small and specialized. Mercers were the stores which sold grocery and fabric both and were the medieval shopping malls. Actually, until 1700 there were a few wealthy people in Britain who could afford to buy many goods. Even the rich paid 'cash on the barrel' because credit was the order of the day. Quakers leader George Fox complained about the absence of fixed prices in English stores. Fox asserted "Bargaining encouraged lying and ...Show more

Summary

Britannica Concise Encyclopedia defines shopping malls as "Collection of independent retail stores, services, and parking areas constructed and maintained by a management firm as a unit." The concise definition of shopping mall according to Answer.com is
"A shopping center enclosed within a large structure; often two or three stories high, often designed around a central atrium; may have numerous stores, as well as entertainment facilities such as movie theaters, fast-food outlets, restaurants, and public areas."
Author : metzaugustus
Property strategy and funding(is the module) Write an essay on the history of the development of shopping malls in the UK and their impacts (positive and negative) on city centres. Refer to at least three case studies essay example
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