(25 October 2018, South Korea) Taubman Asia and Shinsegae Group’s Starfield Hanam Shopping Center has won a gold ICSC Asia award in the New Development Category presented by the International Council of Shopping Centers (ICSC) at the ICSC Award Ceremony. The awards ceremony held during the RECon Asia-Pacific Conference in Kuala Lumpur is one of Asia Pacific’s leading retail real estate conventions. The ICSC Asia award in the New Development category recognizes industry practitioners in the region for the outstanding achievements in the design and development creativity of world-class retail properties.
Starfield Hanam is the first shopping theme park in South Korea featuring the new concept of “Sportainment”, bringing together shopping, leisure activities, and healing all in one spot. The shopping center provides adults, children, and tourists with themed concept areas, Aquafield, an indoor waterpark and spa club, and Sports Monsters, the world’s first ‘sportainment’ theme park.
Nick Travaglini, vice president of Taubman Asia, a speaker at RECon Asia Conference said, “Shopping centers need to provide more than just a venue for shopping. They need to evolve to become a space for communities to be entertained, socialized and connected.”
Starfield Hanam opened in September 2016 and was jointly developed by Taubman Asia, a subsidiary of U.S. mall operator Taubman Centers, Inc., and Shinsegae Group, the leading department store group in South Korea. Benefiting from Taubman’s 68 years of managing shopping centers and anchored by Shinsegae’s understanding of Korea’s local retail market, Starfield Hanam is now one of the largest shopping centers in Korea providing unique cultural, lifestyle and entertainment offerings to shoppers.
“We are thrilled to receive this award. Designing an exceptional space was a key aspect of our mission and enables us to provide the best experience for our shoppers, no matter if they are here to shop, to dine, or to relax,” said Travaglini. “We will take care of their every need to the best of our standards.”
Taubman Asia’s other projects – CityOn.Zhengzhou and CityOn.Xi’an – were awarded gold at the 2017 ICSC Asia Pacific Shopping Center Awards in Marketing category for the Grand Opening, Expansion and Renovations Campaigns; and silver at the 2018 ICSC China Shopping Center & Retailer Awards in the Emerging Technology category respectively.
Taubman Asia was established in 2005 and currently employs over 100 staff in five offices in Hong Kong, Seoul, Beijing, Shanghai and Macau. Across the region it jointly develops high-quality malls with strategic partners. The firm is engaged in projects that leverage its strong retail planning, design, leasing and operational capabilities while its partners are responsible for acquiring and entitling the land for development, and leading construction.
Founded in 1957, the International Council of Shopping Centers (ICSC) is the global trade association of the shopping center industry with over 70,000 members in more than 100 countries including shopping mall owners, developers, operators, market experts, investors, leasing companies, retailers, and academic research and government agencies.
