According to E-Mart's Chinese headquarters, the South Korean supermarket retailer plans to open its first shopping mall on Shanghai's Caobao road.
This project is reported to be in progress and is expected to be opened before the 2010 Shanghai World Expo.
With a total area of 50,000 square meters, E-Mart's new shopping mall will be developed into a comprehensive project which integrates a large market, apparel, dining, and entertainment. It covers four floors, including one below ground-level. It will also have over 500 parking spaces.
Unlike other overseas retail giants who develop their own real estate, E-Mart will lease its first shopping mall.