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Beyond Squarefeet Partners with Terracon Ecotech
to Develop Sustainable Mall Concepts
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Home » Retail Real Estate
May 1 4, 201 4
Beyond Squarefeet Partners with Terracon Ecotechto Develop Sustainable Mall Concepts
By IMAGES Retail Bureau
Beyond Squarefeet, a mall advisory company
that offers end-to end solutions in specialised
areas of shopping malls, realised the global
need for sustainability and with an intention to
introduce global models of sustainability to the
still nascent Indian mall industry, Beyond
Squarefeet adds one more feather to its array of
services; Beyond Squarefeet has partnered with
Terracon Ecotech and together the two firms
aim to evaluate, support and implement
economically viable, low-carbon, ecological and
sustainable concepts and solutions for
shopping centre/mall developers.
Terracon Ecotech, an ecological and
sustainability solutions service provider has been associated with several infrastructure projects from
base line studies to planning and executing ecological and resource management solutions. It is the
first agency to offer tree census activity using geoinformatics to local bodies and created India’s first
City Biodiversity Index (CBI) for a city using Convention on Biological Diversity (CBD) platform and tool.
It has also initiated tree species specific cabron absorption and valuation research project for
propogating the importance of trees in urban planning and greenbelt development. Terracon Ecotech
has also created India’s first Biodiversity Action Plan (BAP) with international norms for the extractive
industry and is at the cusp of providing solutions for CSR obligations of the industry by maintsreaming
environmental sustainability projects with business operations for reducing social and environmental
risks for the industry.
Environmental sustainability forces businesses to look beyond making short term gains and look at the
long term impact they are having on the society. Shopping malls have off-late become an inevitable part
of our society and community. They have become more of a social destination than a destination for
just shopping. Generally, malls are perceived to be major energy consuming and waste/pollution
generating from all aspects such as noise, heat, air, greenhouse gases, water etc. With the increasing
environmental concerns and international pressure on creating sustainable and environment friendly
development, Malls are the next crucial area for implementing required sustainable solutions. The need
for Sustainable Malls has become the need of the hour and an inevitable business proposition.
Speaking on this development Dr. Ramesh Madav, Chairman, Terracon Ecotech said “As a mall
developer one should invest in developing sustainable and responsible malls as malls are integral part
of the social and economic activity and it is imperative for them to look at environmental aspects as
well. We would offer solutions that would make malls greener with reduced carbon, waste and water
footprint, improving its operational efficiency and profitability”.
Susil Dungarwal, Chief Mall Mechanic, Beyond Squarefeet said “Together with Terracon Ecotech, we
aim to destroy the myth that creating a Mall with principles of sustainability is an expensive and
cumbersome affair. In fact, Sustainable Mall will not only be environmentally responsible but financially
sustainable too”.
Walmart India has appointed Pooja Malik
as the Vice President, Business
Development.
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