<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="36.05986" data-lng="120.39486" data-map-catchment-data-value="{&quot;lat&quot;:&quot;36.05986&quot;,&quot;lng&quot;:&quot;120.39486&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1200000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km Radius&quot;,&quot;description&quot;:&quot;Core area serving the mall, coastal urban zone&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 km Radius&quot;,&quot;description&quot;:&quot;Extended area including surrounding suburbs&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,200,000 People&quot;,&quot;description&quot;:&quot;Estimated population within primary and secondary catchment, based on Qingdao metro density&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.97&quot;,&quot;description&quot;:&quot;Annual growth rate for Qingdao metro area in 2024&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;40 Years&quot;,&quot;description&quot;:&quot;Median age of Qingdao residents, reflecting urban China trends&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.6 Persons&quot;,&quot;description&quot;:&quot;Average household size in urban Qingdao&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Qingdao urban areas&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;150,000 RMB&quot;,&quot;description&quot;:&quot;Estimated annual median household income, adjusted from per capita disposable income&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;5.1&quot;,&quot;description&quot;:&quot;Urban unemployment rate in Qingdao, aligned with national 2024 figures&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;45 Index&quot;,&quot;description&quot;:&quot;Relative to Beijing=100, based on Qingdao&#39;s affordability&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;33,000 RMB&quot;,&quot;description&quot;:&quot;Annual retail spending per capita in China, applicable to Qingdao&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;1,500 RMB&quot;,&quot;description&quot;:&quot;Per capita annual spending on clothing and apparel in 2023&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;8,000 RMB&quot;,&quot;description&quot;:&quot;Estimated per capita annual grocery spending, major portion of retail&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;2,000 RMB&quot;,&quot;description&quot;:&quot;Per capita annual spending on electronics in urban China&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;5,000,000 Visitors&quot;,&quot;description&quot;:&quot;Pre-closure estimate for a mid-sized coastal mall in Qingdao&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;120 Minutes&quot;,&quot;description&quot;:&quot;Average time visitors spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;10,000 RMB&quot;,&quot;description&quot;:&quot;Annual sales per square meter, typical for Chinese malls pre-2018&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;100 Stores&quot;,&quot;description&quot;:&quot;Pre-closure number of retail outlets&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Presence of major anchors like international brands&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;3 Malls&quot;,&quot;description&quot;:&quot;Number of similar luxury/coastal malls within 10 km&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Scale&quot;,&quot;description&quot;:&quot;Mix of international and local brands pre-closure&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Sea-view dining Features&quot;,&quot;description&quot;:&quot;Unique coastal-themed retail and dining experiences&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;100,000 sqm&quot;,&quot;description&quot;:&quot;Total leasable retail space&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;4 Levels&quot;,&quot;description&quot;:&quot;Multi-level structure including parking&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;500 RMB/month&quot;,&quot;description&quot;:&quot;Pre-closure average rent in Qingdao malls&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;100.0&quot;,&quot;description&quot;:&quot;Current vacancy due to closure since 2018&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Scale&quot;,&quot;description&quot;:&quot;Standard 3-5 year terms with some flexibility&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;50,000 sqm&quot;,&quot;description&quot;:&quot;All space available post-closure&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Access&quot;,&quot;description&quot;:&quot;Adjacent to coastal highways and Olympic venue roads&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Scale&quot;,&quot;description&quot;:&quot;Near bus and metro lines, 5 km from Qingdao Railway Station&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,000 Spaces&quot;,&quot;description&quot;:&quot;On-site parking capacity for visitors&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Medium Scale&quot;,&quot;description&quot;:&quot;Coastal location attracts walkers, but reduced post-closure&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Scale&quot;,&quot;description&quot;:&quot;Strong competition from platforms like Tmall in Qingdao&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Estimated adoption rate in Chinese malls pre-closure&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;95.0&quot;,&quot;description&quot;:&quot;High-speed internet access in Qingdao urban areas&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Scale&quot;,&quot;description&quot;:&quot;Qingdao has very low crime, Numbeo safety index 80+&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards Features&quot;,&quot;description&quot;:&quot;Standard mall security, now minimal due to closure&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Seasonal Frequency&quot;,&quot;description&quot;:&quot;Pre-closure events tied to Olympics and holidays&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Estimated membership in mall loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Digital displays for promotions pre-closure&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;-10.0&quot;,&quot;description&quot;:&quot;Decline due to closure and e-commerce shift&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;nan Status&quot;,&quot;description&quot;:&quot;No active pipeline since abandonment&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Status&quot;,&quot;description&quot;:&quot;No plans; site potentially for redevelopment&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:2206,&quot;slug&quot;:&quot;hisense-plaza&quot;,&quot;name&quot;:&quot;Hisense Plaza&quot;,&quot;lat&quot;:&quot;36.06002&quot;,&quot;lng&quot;:&quot;120.39103&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Hisense Plaza, situated at 9 Shandong Road in Qingdaos Shinan District, operates as a high-end shopping mall developed by Hisense Group since its opening in 2008. The property spans 60,000 square meters of gross leasable area, accommodating approximately 150 retail stores with a focus on luxury international brands including Gucci, Louis Vuitton, Prada, Versace, Cartier, and Hermes. Anchored by fashion and accessories outlets, it serves as a premier destination for upscale shopping, enhanced by the 2024 Skybowl rooftop amphitheater for events and leisure activities. Located opposite the Qingdao Olympic Sailing Center, the mall enjoys prominent visibility and benefits from tourist influx, contributing to its market position among Qingdaos elite retail venues. In the broader Qingdao retail landscape, which features stabilized vacancy rates of 10-15 percent post-2020 recovery, Hisense Plaza maintains competitive occupancy through targeted luxury tenant mix. Average monthly rents in prime locations like this range from RMB 400 to 500 per square meter, reflecting a 3.3 percent decline in 2024 due to F\u0026B oversupply pressures. Leasing advantages encompass 1,500 parking spaces, strong accessibility via public transport, and proximity to affluent residential areas, fostering consistent footfall estimated at 4,000 daily visitors. However, challenges include seasonal tourism variability, competition from mixed-use developments like Qingdao MixC, and the need for high investment in premium interiors to align with brand standards. Operational quality remains solid under Hisense management, with modern infrastructure supporting diverse retail formats from boutiques to experiential spaces.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Qingdao&quot;},&quot;anchor_tenants&quot;:&quot;Parkson, Family Box, CGV Cinema, Joypolis, Van Cleef \u0026 Arpels, LORO Piana, Bulgari, Brioni&quot;,&quot;distance&quot;:0.34,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Parkson, Family Box, CGV Cinema, Joypolis, Van Cleef \u0026 Arpels, LORO Piana, Bulgari, Brioni&quot;}},{&quot;id&quot;:3512,&quot;slug&quot;:&quot;qingdao-mix-c&quot;,&quot;name&quot;:&quot;Qingdao Mix C&quot;,&quot;lat&quot;:&quot;36.066887&quot;,&quot;lng&quot;:&quot;120.37361&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Qingdao Mix C, situated in Shinan District at No. 6 Shandong Road, Qingdao, China, opened in 2015 under China Resources Land ownership. This premium mall covers 450,000 square meters total area, with 350,000 square meters gross leasable area and 2,500 parking spaces. Recognized as a national five-star shopping center in 2019, it serves as a key commercial landmark in a city of over 10 million residents, benefiting from coastal tourism and economic growth in manufacturing and services. Tenant mix emphasizes high-end retail with anchors like Maoye Department Store, CGV Cinema, and Uniqlo, plus luxury brands, fashion outlets, dining venues, and entertainment facilities targeting upscale consumers. Average monthly footfall reaches 833,333, with 40% for shopping, 35% for dining, and 25% for home decor, reflecting solid traffic in a market where retail sales grew 5-7% annually pre-2023 per local reports. Leasing advantages include prime accessibility via metro and roads, modern infrastructure supporting operational efficiency, and exposure to middle-upper income demographics aged 25-45. However, drawbacks encompass intense competition from nearby centers like MixOne and Hisense Plaza, potential saturation in luxury categories, and needs for enhanced family amenities to sustain engagement amid evolving consumer preferences toward experiential retail.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Qingdao&quot;},&quot;anchor_tenants&quot;:&quot;Maoye Department Store, CGV Cinema, Uniqlo&quot;,&quot;distance&quot;:2.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;200000&quot;,&quot;anchor_tenants&quot;:&quot;Maoye Department Store, CGV Cinema, Uniqlo&quot;}},{&quot;id&quot;:5362,&quot;slug&quot;:&quot;gangwan-wanda-plaza&quot;,&quot;name&quot;:&quot;Gangwan Wanda Plaza&quot;,&quot;lat&quot;:&quot;36.081933&quot;,&quot;lng&quot;:&quot;120.355385&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Gangwan Wanda Plaza, opened in September 2017, represents the fourth Wanda Plaza development in Qingdao and the first in the citys western coastal new district. This garden-style shopping center spans approximately 150,000 square meters of commercial space within a larger mixed-use complex that includes retail, dining, entertainment, and residential elements. Positioned in a burgeoning business district, it targets local residents and emerging urban professionals in Qingdaos expanding suburbs. The tenant mix emphasizes value-oriented retail with international and domestic brands in fashion, electronics, and daily necessities, complemented by over 60 F\u0026B outlets focusing on casual dining and local cuisine. Entertainment options include a Wanda Cinema, children’s play areas, and educational centers, enhancing family appeal. Market position benefits from Wandas extensive network, which drives footfall through promotional events and integrated lifestyle offerings. Leasing advantages include flexible terms with base rents around 800-1,100 RMB per square meter monthly, plus turnover-based components, and 3-5 year leases suitable for mid-tier retailers. However, the location in a developing area poses risks from incomplete infrastructure, potentially limiting initial accessibility compared to central Qingdao malls. Occupancy stands at about 92%, reflecting steady demand but pressured by broader retail saturation in tier-2 cities. Qingdaos retail market in 2025 shows vacancy rates around 12% for suburban properties, with footfall averaging 1.5 million monthly visitors, supported by the citys 10 million population and tourism influx. Drawbacks include competition from established centers like Qingdao MixC and Hisense Plaza, which boast higher luxury tenant draws, and potential economic slowdowns affecting consumer spending in non-prime locations. Overall, it offers balanced opportunities for retailers seeking affordable entry into a growing coastal market, though success depends on adapting to local demographics favoring practical, family-oriented shopping.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Qingdao&quot;},&quot;anchor_tenants&quot;:&quot;Wanda Department Store, Wanda Cinemas, RT-Mart&quot;,&quot;distance&quot;:4.31,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;Wanda Department Store, Wanda Cinemas, RT-Mart&quot;}},{&quot;id&quot;:3877,&quot;slug&quot;:&quot;qingdao-hisense-plaza&quot;,&quot;name&quot;:&quot;Qingdao Hisense Plaza&quot;,&quot;lat&quot;:&quot;36.06&quot;,&quot;lng&quot;:&quot;120.391&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Qingdao Hisense Plaza is a premium shopping mall located at 117 Aomen Road in the Shinan District of Qingdao, China, a central coastal area near Fushan Bay and the Olympic Sailing Center. Opened in 2008 and owned by Hisense Group, it spans 60,000 square meters of gross leasable area across 5 levels, with 1,500 parking spaces. The property targets affluent consumers in a city with a population exceeding 10 million, where retail sales reached approximately RMB 173 billion in the first half of 2015, reflecting steady growth amid expanding supply. The tenant mix comprises 150 stores focused on international luxury brands, including anchors like Gucci, Louis Vuitton, Prada, Van Cleef \u0026 Arpels, and Bulgari, alongside F\u0026B options such as Starbucks and Casanova Italian restaurant, and a basement supermarket. This high-end positioning establishes it as one of Qingdaos most upscale retail destinations, emphasizing fashion, jewelry, and beauty categories that account for a significant portion of sales. Leasing advantages include average rents of 800 RMB per square meter per month, an 8% vacancy rate with 4,800 square meters available, and medium-term lease flexibility. The mall benefits from strong accessibility via main roads and public transport, annual footfall of 1.5 million visitors (projected 5% growth), a 90-minute dwell time, and 25% conversion rate, driving sales of 120,000 RMB per square meter annually. However, challenges arise from the propertys age, potentially requiring infrastructure updates, and intense competition from nearby malls like MixC and Jusco, which offer broader mid-tier options. E-commerce penetration at 85% in the region poses risks to physical retail, particularly in luxury segments, while the primary catchment of 2.5 million within 5 km features median household incomes of 85,000 RMB, supporting premium leasing but limiting mass-market appeal.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Qingdao&quot;},&quot;anchor_tenants&quot;:&quot;Gucci, Louis Vuitton, Prada, Van Cleef \u0026 Arpels, Bulgari&quot;,&quot;distance&quot;:0.35,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;140000&quot;,&quot;anchor_tenants&quot;:&quot;Gucci, Louis Vuitton, Prada, Van Cleef \u0026 Arpels, Bulgari&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:4895,&quot;slug&quot;:&quot;qingdao-marina-mall&quot;,&quot;name&quot;:&quot;Qingdao Marina Mall&quot;,&quot;lat&quot;:&quot;36.063&quot;,&quot;lng&quot;:&quot;120.315&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Qingdao Marina Mall, also known as Marina City, is a 100,000 sqm gross leasable area shopping center located in the Shinan District of Qingdao, adjacent to the Olympic Sailing Center and Fushan Bay. Opened in 2010 as Chinas first oceanside commercial facility, it featured a mix of international and local retail brands including H\u0026M, Zara, Hush Puppies, and Replay, alongside F\u0026B outlets like Starbucks, McDonalds, and Dairy Queen, entertainment options such as Broadway Cinema City and SIYO Ice Skating Rink, and anchor tenants in fashion and lifestyle categories. The property benefited from its prime coastal position, drawing tourists and locals during the 2008 Olympics aftermath, with initial footfall supported by marina views and accessibility via Metro Line 2 at Yanerdao Road station, approximately 1 km away. However, the mall closed in 2018 and remains abandoned, resulting in zero current occupancy and footfall. Qingdaos retail market, per Cushman \u0026 Wakefield Q4 2020 report, shows city-wide vacancy at around 5-6%, with prime malls achieving 90-95% occupancy through tenant mix diversification toward leisure and entertainment to boost traffic. Rent levels in prime Qingdao locations average RMB 800-1200 per sqm per month, but distressed assets like this could negotiate lower. The tenant mix historically emphasized mid-to-upper market fashion and casual dining, aligning with Qingdaos demographic of urban professionals and tourists, with household income in Shinan District exceeding RMB 100,000 annually. Leasing advantages include redevelopment potential in a high-visibility waterfront site, proximity to tourist attractions, and 2000 parking spaces, but challenges encompass full vacancy, competition from nearby Hisense Plaza (95% occupancy, 60,000 sqm, 4166 daily footfall) and MixC Qingdao (450,000 sqm, flagship luxury destination), aging infrastructure post-14 years, and market saturation in coastal retail segments. Operational quality has declined without maintenance, posing risks for new lessees regarding revitalization costs and uncertain footfall recovery amid e-commerce growth and post-pandemic shifts.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Qingdao&quot;},&quot;anchor_tenants&quot;:&quot;H\u0026M,ZARA,Aeon,McDonalds&quot;,&quot;distance&quot;:7.19,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;100000&quot;,&quot;anchor_tenants&quot;:&quot;H\u0026M,ZARA,Aeon,McDonalds&quot;}},{&quot;id&quot;:4607,&quot;slug&quot;:&quot;laoshan-center&quot;,&quot;name&quot;:&quot;Laoshan Center&quot;,&quot;lat&quot;:&quot;36.13&quot;,&quot;lng&quot;:&quot;120.42&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Laoshan Center, located at 18 Qinling Road in Qingdaos Laoshan District, is a established retail destination spanning approximately 120,000 square meters across three levels, including basement supermarket and upper floors for apparel, cosmetics, and entertainment. Opened in 2009 and expanded in 2015, it serves as a key community hub in an upscale coastal area near the district government, international exhibition center, and Shilaoren Beach. The tenant mix emphasizes everyday essentials with Lida Life Supermarket as anchor, complemented by mid-tier fashion brands, a cinema, dining options, and leisure facilities, attracting local families and residents. Daily footfall averages 30,000 visitors, supported by over 270,000 members, predominantly from Laoshan, contributing to annual sales exceeding 1 billion RMB with consistent 10% growth. In Qingdaos competitive retail landscape, where prime malls report occupancy rates of 90-95% and rents of 400-700 RMB per square meter monthly, Laoshan Center benefits from strong local loyalty but faces pressure from newer developments like Gold Lion Plaza and Laoshan Wanxianghui. Leasing advantages include stable occupancy around 92%, flexible terms for mid-sized retailers, and proximity to metro line 2 for accessibility, though infrastructure updates are needed to counter aging elements. Market factors include Laoshans affluent demographics with average household income above 150,000 RMB annually, tourism influx boosting seasonal traffic, yet saturation in casual dining and apparel categories poses risks. Overall, it offers balanced performance for retailers targeting community-oriented operations amid Qingdaos 5-7% annual retail growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Qingdao&quot;},&quot;anchor_tenants&quot;:&quot;Xin Kuai Supermarket, various fashion brands&quot;,&quot;distance&quot;:8.12,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;82000&quot;,&quot;anchor_tenants&quot;:&quot;Xin Kuai Supermarket, various fashion brands&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/qingdao-marina-city" id="mall-map-wrapper"><div data-city="Qingdao" data-current-mall="true" data-id="qingdao-marina-city" data-lat="36.05986" data-lng="120.39486" data-map-target="mall" data-name="Qingdao Marina City" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km Radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">20 km Radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,200,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.97</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">150,000 RMB</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">5.1</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">45 Index</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">33,000 RMB</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">1,500 RMB</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">8,000 RMB</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">2,000 RMB</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">120 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">10,000 RMB</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">100 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">3 Malls</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Scale</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">100,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">4 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">500 RMB/month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">100.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Scale</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,000 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">Medium Scale</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Scale</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">95.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Scale</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and guards Features</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Seasonal Frequency</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">-10.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">nan Status</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan Status</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>