1. The process of planning, constructing, and establishing a shopping center or mall, including site selection, design, construction, and opening for commercial operations
The shopping center development project took three years to complete from initial planning to grand opening.
O projeto de desenvolvimento do centro comercial levou três anos para ser concluído desde o planejamento inicial até a abertura.
2. Real estate and commercial enterprise focused on creating retail spaces for merchants and consumers
Shopping center development has become a major sector in urban real estate investment.
O desenvolvimento de centros comerciais tornou-se um setor importante no investimento imobiliário urbano.