NAICS Code 531120-07 - Shopping Center Developers

Marketing Level - NAICS 8-Digit

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  • Company Name
  • Contact Name (where available)
  • Job Title (where available)
  • Full Business & Mailing Address
  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
  • Website (where available)
  • Years in Business
  • Location Type (HQ, Branch, Subsidiary)
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  • Latitude / Longitude
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Looking for more companies? See NAICS 531120 - Lessors of Nonresidential Buildings (except Miniwarehouses) - 13,498 companies, 30,658 emails.

NAICS Code 531120-07 Description (8-Digit)

Shopping Center Developers are companies that specialize in the development of commercial properties that are designed to house multiple retail stores and businesses. These developers are responsible for the entire process of creating a shopping center, from finding the right location to designing the layout and managing the construction process. Shopping Center Developers work closely with tenants to ensure that the space meets their needs and attracts customers.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 531120 page

Tools

Tools commonly used in the Shopping Center Developers industry for day-to-day tasks and operations.

  • Geographic Information Systems (GIS) software
  • Real estate market analysis software
  • Project management software
  • Building information modeling (BIM) software
  • Site planning and design software
  • Financial analysis software
  • Customer relationship management (CRM) software
  • Construction management software
  • Marketing and advertising software
  • Traffic analysis software

Industry Examples of Shopping Center Developers

Common products and services typical of NAICS Code 531120-07, illustrating the main business activities and contributions to the market.

  • Outdoor shopping centers
  • Lifestyle centers
  • Mixed-use developments
  • Power centers
  • Community centers
  • Strip malls
  • Outlet centers
  • Regional malls
  • Entertainment centers
  • Urban retail centers

History

A concise historical narrative of NAICS Code 531120-07 covering global milestones and recent developments within the United States.

  • The Shopping Center Developers industry has a long history dating back to the 1920s when the first shopping center was built in Kansas City, Missouri. The concept of a shopping center was revolutionary at the time, as it brought together multiple retailers in one location, providing customers with a convenient and enjoyable shopping experience. In the 1950s and 1960s, shopping centers became more popular, and developers started building larger and more elaborate centers. The first enclosed mall was built in 1956 in Minnesota, and it quickly became a model for future shopping centers. In recent history, the industry has faced challenges due to the rise of e-commerce, but developers have adapted by creating mixed-use developments that include residential and office space, as well as entertainment options. For example, the Hudson Yards development in New York City is a massive mixed-use development that includes retail, residential, and office space, as well as public parks and cultural attractions.