How much time does it cost to tear down an old mall and build a new one in its place?

1 answer

The time required to tear down an old mall and build a new one can vary significantly based on several factors, including:

  1. Size and Condition of the Existing Mall: A larger or more structurally complex mall may take longer to demolish.
  2. Permitting and Regulations: Obtaining necessary permits, conducting environmental assessments, and adhering to local regulations can add to the timeline.
  3. Demolition Method: The type of demolition (e.g., mechanical, implosion, deconstruction) can influence how long the teardown takes.
  4. Site Preparation: After demolition, site preparation, including clearing debris and preparing the land, is needed before building can start.
  5. Design and Planning: The time taken for the design phase and any changes can vary widely based on the intricacy of the new mall.
  6. Construction Time: The construction of the new mall itself will depend on its size, complexity, and the materials used.

Typically, the entire process may take anywhere from 1 to 3 years, with demolition taking several months, and construction likely requiring an additional year or more. However, it can take longer if there are complexities or delays.