SPACE FORMATS · Know-how
Based on the International Council of Shopping Centers (ICSC), China Commercial Real Estate Alliance's "Classification Standard for Business Formats," and the Ministry of Housing and Urban-Rural Development's "Urban Land Classification and Planning Construction Land Standards" GB50137, we have identified 14 major business formats. Each format has distinct spatial "demand profiles"; understanding these is the first step to uncovering asset value.
Jingsi Insight Corporate Lounge · Enterprise Compliance, Sustainable Development & Innovation Research Institute
Retail / Product Sales
Key Features:Primary revenue comes from product sales; space value depends on the efficiency of converting foot traffic into transactions.
Food & Beverage
Key Features:Food preparation and sales are the core; space value depends on table turnover rate, average order value, and dwell time.
Entertainment & Leisure
Key Features:Time is the core currency; spatial value depends on customer dwell time and emotional engagement.
Services / Lifestyle Amenities
Key Features:With service delivery at the core, spatial value depends on customer density within the service radius.
Office & Workspace
Key Features:Centered on knowledge production and business activities, space value hinges on efficiency and network effects.
Hospitality & Accommodation
Key Features:Centered on overnight stays, space value depends on Revenue Per Available Room (RevPAR).
Health & Medical
Key Features:Health services delivery is central; space value depends on professional trust and accessibility.
Sports & Fitness
Key Features:Centered on physical activity, space value hinges on facility expertise and community engagement.
Logistics & Warehousing
Key Features:Centered on logistics efficiency, space value is determined by turnover rate and network node location.
Industrial & Manufacturing
Key Features:Centered on manufacturing, space value hinges on production efficiency and industrial support.
Culture & Education
Key Features:With knowledge dissemination and cultural heritage as core pillars, space value is determined by content depth and community impact.
Transportation & Infrastructure
Key Features:Centered on passenger and cargo flow, spatial value depends on connectivity efficiency and transfer convenience.
Public & Civic / Public Services
Key Features:Centred on serving the public interest, spatial value is determined by social well-being and governance effectiveness.
Special Purpose
Key Features:Limited functionality, high expertise barrier, and strict regulatory oversight.
MATCHING LOGIC
Fourteen business categories each have distinct spatial requirements. JingSi Private Board evaluates space-category fit across six dimensions.
Open plan or partitioned? Required ceiling height? Load capacity?
Is the purchase intentional or spontaneous? How long do users stay? What is the repeat purchase frequency?
Active during the day or at night? Weekdays or weekends? Is there a tidal pattern?
Are there any special requirements for water supply, ventilation, sewage, network, or elevators?
Where are the thresholds for fire safety, environmental protection, health, safety, and special industry permits?
What emotion should this space convey? Solemn, relaxed, professional, or healing?
Core Insights of the JingSi Private Board
The essence of revitalizing idle properties is not "transforming one space into another," but rather "transforming a space'sMismatchCorrect toCorrect match"。
Deepen your understanding of business fundamentals with peers. In Mirror Thinking, identify profit zones, close gaps, and reconstruct value. Offline private board meetings are held regularly—limited seats available.
