We love what we do and our results show it. On
a sales-per-square-foot basis – the most important
measure of retail success – ours has been the most
productive public portfolio of retail properties in the
United States for decades.
Every decision we make in the development and operation
of our properties is guided by our commitment to
break down a force we call ‘threshold resistance’ – the
instinctive and physical barriers that keep a customer
from entering a store and a retailer making a sale.
We approach our business with the mindset and
passion of a retailer.
But as proud as we are of past accomplishments,
we’re even more excited about the global opportunities
ahead. Since we established Taubman Asia, we’ve been
building strong new relationships in China, Macau
and South Korea. As a region, Asia is experiencing
tremendous economic growth and rapidly evolving
consumerism. It is a place where we are more
confident than ever that our proven expertise will
produce exceptional rewards for consumers, retailers,
communities and investors.
Operating in this manner, we’ve developed exceptional
relationships with the world’s great retailers. Such
world-class merchants as Dolce & Gabbana, Diesel,
Forever 21, J. Lindeberg, MAX & Co., Ben Sherman
and MAC have built their first mall stores with us,
or debuted new concepts in our space. In addition,
leading international retailers – including Louis
Vuitton, Burberry, Chanel, Gucci, Armani, and
Cartier – are exceptionally well represented in
Taubman properties.
But what distinguishes us most are our people. We’re a
fully integrated organization of talented development,
leasing, marketing, operation, and finance professionals –
representing the core competencies necessary to create,
manage and enhance outstanding retail properties.
We hope we will be a part of your future.
Robert S. Taubman
Chairman of the Board
President and Chief Executive Officer
Taubman Centers, Inc.
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Taubman
Taubman (NYSE: TCO) has been in the business of
creating extraordinary shopping environments in
the United States for more than 6 decades. Since our
founding, the name Taubman has become synonymous
with retail prvoductivity and planning excellence.
Asia
A Word From The Chairman
Starfield Hanam
Taubman Asia
From the U.S. to Asia
Taubman
2
We have found that the fundamentals of great retail real estate
development are transferable across continents and cultures.
Taubman Asia has assembled a talented team of leasing, development,
management and financial professionals to leverage the historic
strengths of the Taubman organization here.
Asia is an important place to grow for Taubman. Our expert team
has built an outstanding platform from which to grow throughout the
region and we are bringing world-class projects to the market and
establishing partnerships with best-in-class companies. The success
of our malls, combined with our continually evolving experience and
use of the latest technology will ensure we are the customer’s first
choice to shop! It is an exciting time to be part of Taubman, and
the retail real estate development industry, as we drive operational
excellence, traffic and sales for our retailers and service providers.
Peter Sharp
President, Taubman Asia
Asia
Asia
Taubman Asia is the platform for Taubman Centers’ expansion into
China, Macau and South Korea. We focus on owning, acquiring,
developing, managing and/or leasing high-quality and sustainable
retail real estate projects in Asia that leverage Taubman’s strong retail
planning design and operation capabilities and leverage our terrific
retailer relationships.
Taubman Asia has assembled a talented team of leasing,
marketing, operations and finance professionals to leverage
the historic strengths of the Taubman organization here in Asia
3
Taubman
Guided by our 66 years of experience, Taubman creates extraordinary
retail environments for shoppers, retailers, communities and investors.
Our portfolio of United States regional and super-regional malls,
located in major markets from coast to coast, is the most productive
in the nation.
Beverly Center
What Sets Taubman Apart
Beverly Center
Starfield Hanam
We have significant resources.
We merchandise our properties to reflect the demographics of the
market and characteristics of the project.
Taubman
4
We manage our centers with passion.
We have exceptional relationships with the world’s great retailers.
Asia
We pioneer innovations in shopping center planning that become
standard in shopping centers around the world.
City Creek Center
The Mall at Short Hills
5
Taubman
Asia
We produce consistently higher retail sales productivity and
operational efficiencies due to our superior planning and programming.
China Projects
Taubman
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3
1 CityOn.Xi’an
2 CityOn.Zhengzhou
3 Studio City, Macau
Asia
As part of its strategic entry into China, Taubman Asia has focused
its attention on opportunities in leading cities with established
retail markets, where it can deliver unique, high quality and
dominant assets appropriate to the market and its growth strategy.
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Taubman
2
Asia
1
China is experiencing unprecedented market growth. Along with
the continuing urbanization of the population there has been a
huge increase in consumerism, backed by government initiatives to
serve the nation’s long-term goal of achieving an economy geared
more toward consumption than saving. These decisions have
had profound effects on the local commercial real estate market,
allowing for the development of new retail opportunities across
the country.
Asia
The first of Taubman Asia’s projects in Mainland China is the
result of a joint venture partnership with one of China’s largest
chain department store groups – Wangfujing Group Co. Ltd
(SSE: 6600859).
Taubman
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Wangfujing Group is the largest domestic retailing group
focused on retail development. The group’s current sales
network spans seven major economic zones in China,
operating 46 large-scale retail stores in 28 cities, covering
various retail formats including department stores, shopping
malls and outlets business formats. The group offers an
operating area of approximately 2 million square meters.
The partnership with Wangfujing provides Taubman Asia with
access to intimate market and consumer knowledge and allows
the company to leverage its proven track record and expertise
in retailing across China.
Opened in April 2016, the seven level, 90,000 square meter
(approx. 1 million square feet) shopping center, anchored by
Wangfujing Department Store, is located in the heart of Xi’an’s
new central business district and administrative center. CityOn.
Xi’an reflects a unique mix of domestic and international designer
and lifestyle brands from fast fashion to accessible luxury,
creating a shopping center experience sure to satisfy the diverse
taste of people across the region. CityOn.Xi’an will also delight
food lovers by offering a wide selection of local, regional and
international cuisine, across all price-points and in both seated
and quick service formats. CityOn.Xi’an offers families a number
of kid-friendly experiential, educational and entertainment offerings.
Development Name
CityOn.Xi’an
Gross Leasable Area
Approx. 975,000 sqf / 91,000 sqm
Location
No.170 Weiyang Road, Weiyang
District, Xi’an
Number of Levels
6+1
Major Tenants
Wangfujing Department Store,
a broad spectrum of over 200
international and domestic brands
featuring a mix of fast fashion, F&B,
entertainment & lifestyle and kids &
family offerings
Parking
Approx. 2,200 spaces
Retail Partners
Taubman Asia
Wangfujing Group Co., Ltd
Asia
Xi’an
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Taubman
Strategically located
alongside 9,200
corporations, CityOn
boasts an impressive
instant shopping
catchment
Asia
Another exciting collaboration between Taubman Asia and
Wangfujing, CityOn.Zhengzhou promises a best-in-class
retail destination.
Taubman
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CityOn’s one million square feet shopping mall, anchored
by Wangfujing Department Store, is in the heart of the new
economic and cultural center of the city – Zhengdong New
District – and is designed to meet the discerning tastes of the
exclusive residential communities nearby.
With the recent opening of the largest railway station in Asia,
at the crossroads of China’s high speed rail network, and the
ongoing development of the Zhengzhou Experimental Airport
Zone, the city has cemented its position as a key rail and
transport hub.
Acclaimed as the economic powerhouse of the region, it is
evolving into one of Central China’s next high growth areas
and most important economies. It has a population of 9 million
people and with retail sales growing at around 16% annually
since 2006, is one of the fastest growing and exciting retail
markets in China.
Development Name
CityOn.Zhengzhou
Gross Leasable Area
Approx. 1,010,000 sqf / 94,000 sqm
Location
No.15 Nongye East Road,
Zhengdong New District, Zhengzhou
Number of Levels
5+1
Major Tenants
Wangfujing Department Store,
a broad spectrum of over 180
international and domestic brands
featuring a mix of fast fashion, F&B,
entertainment & lifestyle, and kids &
family offerings
Parking
Approx. 1,725 spaces
Retail Partners
Taubman Asia
Wangfujing Group Co., Ltd
Asia
Zhengzhou
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Taubman
A one million
square foot
shopping mall in
the heart of the
new economic
and cultural center
Taubman
12
Located in the heart of the booming Pearl River Delta on the
southern coast of China, Macau has fast become Asia’s premier
gaming, leisure, retail and integrated resort destination. One of
the most progressive global tourism economies in recent years,
Macau recorded more than 30.7 million visitor arrivals in 2015,
and now boasts gaming revenues more than seven times that of
the Las Vegas Strip.
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Macau is strategically situated with more than 60 million people
living within a three hour land or ferry trip and over 3 billion
people within a five hour flight.
The most exciting transformation in Macau has taken place on
Cotai, a piece of reclaimed land between the islands of Taipa and
Coloane where billions of U.S. dollars has been, and continues to
be, invested in world-class resorts and supporting infrastructure.
Melco Crown Entertainment, a leading developer, owner and
operator of integrated resorts in Asia added to this exciting offer
when they opened Asia’s new entertainment capital: Studio City
Macau - a cinematically-themed gaming, entertainment, leisure
and retail destination.
Merchandised and managed by Taubman Asia, the retail
component of Studio City is set against an elegant backdrop of
Art Deco-inspired architecture and features a sophisticated and
glamorous mix of the hottest labels in the world, handpicked for
the most discerning and fashion-conscious shoppers.
Asia
Studio City Macau
will emerge as
Asia’s premier
entertainment capital
Taubman
Asia
Studio City, Macau
Development Name
Studio City Macau
Gross Floor Area
Approx. 300,000 sqf / 28,000 sqm
Location
Estrada do Istmo, Cotai, Macau
Developer
Melco Crown Entertainment Limited
Anchors
Featuring the flagships of a mix of luxury
fashion, watches, jewelry and lifestyle
brands such as Balmain, Tom Ford,
Belstaff, Tiffany & Co., and Vacheron
Constantin, alongside world-class
restaurants, themed experiences and
entertainment attractions
Retail Partner
Taubman Asia
Korea Projects
The South Korean economy continues to go from strength to
strength, to its now enviable position as the 15th largest economy
in the world. Its population of nearly 50 million people - nearly
half of those in Greater Seoul alone - has an almost unsurpassed
degree of sophistication and appreciation for quality and brands
that make this country an ideal destination for Taubman’s worldclass retail offerings.
Asia
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Taubman
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Taubman
Asia
1
1 Starfield Hanam
This super regional mall is among the largest in the country,
anchored by the popular Shinsegae Department Store. Its kind is
first-to-market in Korea, with a design, service, and attention to
detail offering second to none.
With cultural, leisure and entertainment facilities, the mall delights
shoppers from different age groups, with distinct areas for families,
teenagers, and Korea’s most discerning shoppers.
Set in an idyllic location, beside an expansive lake, with a sweeping
mountainous backdrop, Starfield Hanam is directly connected to
Seoul’s major freeway system, and the country’s nearby tourist
hot-spots; guaranteeing an impressive influx of visitors.
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Taubman
Asia
Taubman
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Proving Taubman Asia is committed to being a key player in the
Korean retail industry, and that it firmly believes in the country’s
growth potential, the company has partnered with the renowned
Shinsegae Department Store to create a world-class retail destination
in this dynamic epicenter of style.
Asia
This super
regional mall
is among the
largest in
the country
Starfield Hanam
Development Name
Starfield Hanam
Gross Leasable Area
Approx. 1,700,000 sqf / 152,000 sqm
Location
228 Sinjang-dong, Hanam-si,
Gyeonggi-do, South Korea
Number of Levels
3+3
Major Tenants
Shinsegae Department Store
A broad spectrum of up to 300
international and local brands
A hypermarket, restaurants, a cinema,
a spa and entertainment facilities
Parking
Approx. 6,000 spaces
Retail Partners
Taubman Asia
Shinsegae Co., Ltd.
Taubman Showcase
For over 65 years Taubman has been creating compelling retail
destinations where customers choose to shop, dine and be
entertained, and where retailers can thrive.
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Taubman
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18
16 22
Asia
Asia
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9
8
10
2
11
12 14
20
21
6
13
1
2
3
4
5
6
7
8
9
10
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Beverly Center (CB)
The Shops at Belmond Charleston Place (LC)
Cherry Creek Shopping Center (CB)
City Creek Center (CB)
Country Club Plaza (UJV)
Dolphin Mall (CB)
The Gardens on El Paseo and El Paseo Village (CB)
Fair Oaks Mall
Great Lakes Crossing Outlets (CB)
The Mall at Green Hills (CB)
International Market Place, Hawaii (DV)
International Plaza (UJV)
The Mall of San Juan, Puerto Rico (DV)
The Mall at Millenia (UJV)
The Mall at Short Hills (CB)
Stamford Town Center (UJV)
Sunvalley Shopping Center
Taubman Prestige Outlets Chesterfield (CB)
Twelve Oaks Mall (CB)
The Mall at University Town Center (UJV)
Waterside Shops (UJV)
Westfarms (UJV)
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Taubman
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This showcase represents a cross-section of Taubman’s most
popular malls in the Mixed-Use, City Center Luxury, Suburban
Regional Mall and Open-Air categories across the United States.
CB -Consolidated Businesses (10)
UJV -Unconsolidated Joint Ventures (9)
LC -Leased Center - No Ownership (1)
DV -Development - Projects under construction or expected to begin construction (2)
Mixed-Use Projects
City Creek Center
1
Open-air Centers
2
Waterside Shops at Pelican Bay
1
Asia
Naples, Florida
Featuring Saks Fifth Avenue, Nordstrom, MAC, Banana
Republic, Burberry, Gap, Gucci, Kate Spade New York
and Ralph Lauren
Asia
Salt Lake City, Utah
Featuring Nordstrom, Macy’s, Apple and Michael Kors
1
2
1
21
Taubman
3
Taubman
20
2
2
2
City Center Luxury Malls
Suburban Regional Malls
2
The Mall at Millenia
1
Los Angeles, California
Featuring Bloomingdale’s, Macy’s, Salvatore Ferragamo,
Gucci, Fendi, and Burberry
2
Orlando, Florida
Featuring Neiman Marcus, Bloomingdale’s, Macy’s, Prada,
Diesel, Emporio Armani and Sephora
Asia
The Mall at Short Hills
1
2
1
23
Taubman
3
Taubman
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3
Short Hills, New Jersey
Featuring Neiman Marcus, Nordstrom, Saks Fifth Avenue,
Bloomingdale’s, Macy’s, Max Mara, Saint Laurent, Giorgio
Armani, Hermès and Cartier
Asia
Beverly Center
1
3
JAN 2017
Taubman Corporate Headquarters
200 East Long Lake Road
Bloomfield Hills, Michigan
48303-0200
United States of America
T: +1 (248) 258-6800
www.taubman.com
Taubman Asia
Hong Kong
Suite 6311, 63/F One Island East, Taikoo Place,
18 Westlands Road, Quarry Bay, Hong Kong
Main line: +852 3607-1333
Asia
Seoul
12/F Ferrum Tower, 19 Eulji-ro 5-gil, Jung-gu,
Seoul 04539, South Korea
T: +822 6353-8600
Beijing
Suite 806, Oriental Plaza, 1 Dong Chang An Street,
Dongcheng District, Beijing, 100738, China
T: +86 (10) 8522-1998
Taubman
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Shanghai
Suite 3703,37/F, Park Place, 1601 Nanjing West Road
JingAn District, Shanghai, 200040, China
T: +86 (21) 6288-1662
Zhengzhou
4/F, CityOn.Zhengzhou Shopping Centre Management Office
15 Nongye East Road, Zhengdong New District, Zhengzhou,
Henan Province, China
T: +86 (371) 8600-2628
Xi’an
6/F, CityOn.Xi’an Shopping Centre Management Office
170 Wei Yang Economic and Technological Development
Zone, Xi’an, Shaanxi Province, China
T: +86 (29) 8653-3666
Macau
Mall Management Office
The Boulevard at Studio City Estrada do Istmo
Lotes 9300, 9310e, 9400 Studio City, Shop 2019,
Cotai, Macau SAR
T: +853 6504-5566
www.taubmanasia.com
Taubman Asia creates extraordinary
retail environments for shoppers,
retailers and communities