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The accurate measurement and optimization of spatial vitality inside commercial complexes has become crucial for sophisticated urban governance as urban growth moves from rapid expansion to quality-oriented stock augmentation. This research creates a multifaceted assessment methodology that incorporates systemic connectedness (transportation synergy), spatial performance (public activity and social efficacy), and spatial supply (human–land linkages and arrangement). We used a stratified purposive sample of 20 business complexes spread across eight districts in Guangzhou, a typical high-density megacity. In order to understand the underlying mechanisms of spatial vitality, we measured important indicators including the Polycentricity Index (α) and the Spatial Performance Index (β) using a mixed-methods approach that included K-means clustering, multinomial logit regression, and Structural Equation Modeling (SEM). Four important insights are shown by our findings. 1. The paradox of density and efficiency: The notion that high-density development inevitably ensures lively public space is called into question by the lack of a significant linear correlation between the Floor Area Ratio (FAR) and spatial performance (r = 0.32, p > 0.05), despite a core–periphery gradient in development intensity. 2. Structural Supply Demand Mismatch: Although overall spatial performance is strong (β = 0.81 ± 0.07), there is a notable shortfall in cultural and artistic venues, where young adults’ demand (0.27) is 145% greater than supply (0.11). 3. Polycentric Networking vs. Transport Polarization: While spatial structures show a networked polycentric pattern (mean α = 6.40), transportation synergy is affected by core–periphery polarization, which results in “vitality islands” in the periphery. 4. Dual-Path Driving Mechanisms: According to SEM results, cultural spaces have a considerable indirect impact (39.7% mediation) by boosting brand uniqueness and “cultural capital,” while composite plaza spaces have a strong direct effect on commercial performance (γ = 0.682). Based on these findings, we suggest distinct optimization strategies: aging projects need climate-responsive design interventions; growing areas should create family-oriented consumption ecosystems; and core districts should give priority to cultural “IP” integration. For the planning and revitalization of commercial land use in high-density global environments, this study offers a solid analytical framework and practical insights.