Padideh Shandiz Mall is a massive commercial and entertainment complex located in the city of Shandiz, near Mashhad, Iran. Known for its ambitious scale, the mall is part of a larger development initiative by the Padideh Shandiz company, spanning retail, hospitality, and amusement attractions. The mall covers a significant area and includes multiple levels of retail shops, food courts, and recreational zones. Despite past controversies surrounding the developer, the complex remains a high-profile destination due to its size, strategic location on a tourist corridor, and integrated design that blends shopping, leisure, and hospitality into a single experience.

Insights

Total Built-up Area

The complex reportedly spans over 500,000 square meters, making it one of the largest mixed-use developments in the region and a key anchor for commercial tourism in northeastern Iran.
Tourism & Location Advantage

Situated in Shandiz, a popular destination for both domestic and regional tourists, the mall capitalizes on heavy foot traffic during holidays and weekends, with supporting infrastructure aimed at long-term hospitality and leisure investment.
Development History & Impact

While the project faced delays and legal issues related to its parent company, the mall remains an iconic structure in the region and serves as a case study in high-risk, high-profile real estate development within emerging markets.

Building Details

Shopping Mall

400000 SQM

1666666

Padideh Shandiz Kish International Tourism Company

2010

5000

Unknown

Mall Demographics

1,200,000 People

1.2 Percent

32 Years

4.8 People

25 Percent

Economic Indicators

3,300 USD

12 Percent

65 Index

Consumer Spending

1,500 USD

220 USD

770 USD

180 USD

Mall Traffic & Performance

8,000,000 Visits

90 Minutes

20 Percent

2,500 USD

Competition & Tenant Mix

150 Stores

Yes

10 Percent

70 Percent

Real Estate & Leasing

25 USD

8 Percent

Moderate

5,000 Square meters

Accessibility & Infrastructure

High

Moderate

2,000 Spaces

High

Digital & E-commerce Trends

Moderate

15 Percent

70 Percent

Safety & Security

Low

High

Marketing & Events

10 Events per year

30 Percent

Yes

Growth Potential

3 Percent

5 Stores

No

Contact

Unknown

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