Page 61 - March 2023 #179

The Exchange TRX Kuala Lumour, Malaysia
Developer: Lendlease

Malaysian mall operator, Kuala Lumpur Pavilion, has set the opening event-ready destinations, as well as a dedicated area for aspiring local
time frame for the city’s latest luxury shopping development, Pavilion arts and culture. The Exchange TRX will truly be Kuala Lumpur’s most
Damansara Heights Mall, as May this year. Located in the neighbourhood scenic location to celebrate arts, culture, events and most importantly,
of Damansara Heights, the development spans more than one million the community. The whole development will complete in stages between
square feet and six storeys. The company said more than 70 per cent of 2023 and 2027, however the retail element of the scheme is scheduled
the shopping complex’s retail space has been secured by tenants, ranging to open in Q4 this year by developer Lendlease.
from F&B players and luxury brands to lifestyle. Around 130 tenants Hines, the global real estate investment, development and property
have already confirmed opening stores in Pavilion Damansara Heights manager, has announced plans to develop and operate the ‘Global
Mall, including Swarovski, Aesop, Harvey Norman, Diptyque and Food Quantum Complex’ in Busan, South Korea. The mixed-use development
Republic. Furthermore, the number of tenants is expected to increase will house the nation’s first quantum computing R&D hub, next-generation
until the mall’s soft opening with around a total of 380 retail outlets. offices and space for education, retail and residential offerings. Totalling
Pavilion Damansara Heights Mall will be a premium lifestyle destination over 180,000sq m, the development is situated in the heart of Haeun-
that sets the standard for curated dining, contemporary retail and dae District, the urban live-work-play epicentre of Busan. Designed by
customised leisure indulgences in the region when its doors open. renowned international architect Skidmore, Owings & Merrill (SOM),
Zhuhai Shizimen Huafa Mall, Phase 2 in Zhuhai, China will have its the 74-storey mixed-use tower will be one of Korea’s five tallest towers
grand opening on 30 June 2023, with a total GFA of approximately and include market-leading sustainability features to comply with South
40,000sq m. The three-storey-high retail project will be positioned as Korea’s 2030 carbon reduction goals. The mixed-use vertical city will
an ‘innovative lifestyle mall’, which is one of the components of the feature a state-of-the art research facility, the highest quality office
mixed-use development which also includes a 150m-high hotel and space in the market and premium lifestyle amenities catering to global
office building and 150m-high residential building. Under construction and domestic corporations and residents. The project is expected to
by developer Zhuhai Huafa Properties, the scheme includes two anchor generate $3.6bn in economic value and create 18,000 jobs, contributing
tenants that are the IMAX theatre and boutique supermarket (Aeon to Busan’s objective to attract and support business and technology
Mall) which will both be stationed in the mall. Aside from the anchor growth throughout the region. The Global Quantum Complex will
tenants, other brands will include family-orientated names as well as be Hines’ largest project in Korea to date and the construction for
those from the sectors of sports and high-fashion. The aspirations of the scheme will commence in 2024 with a target completion in 2027.
the project is to create a new vision of retail, culture, entertainment and
experience in Zhuhai and finally create Zhuhai Retail Archipelago, an
exciting new retail destination and the centre of the community.
The Exchange TRX is a vibrant, experience-led lifestyle destination that
is seamlessly integrated within a 10-acre activated public park. Set to be
the new lifestyle epicentre of Malaysia’s capital city of Kuala Lumpur, The
Exchange TRX will offer socially immersive experiences encompassing
events, entertainment, arts and culture, sports and leisure and over 430
lifestyle, dining, concept stores and new-to-market brands. Designed
as ‘a lifestyle precinct in the park’, The Exchange TRX is purposefully
and harmoniously connected to the 10-acre rooftop TRX City Park
containing open spaces with cascading greenery, a children’s play area,
water features and beautifully shaded areas, making it one of the best
places for alfresco dining. Complementing this central attraction will be
The Splendors Zhangjiagang, Zhangjiagang, China
Th e Splen dor s Zh an g jiag an g, Zh an g jiag an g, Chin a
Developer: Zhangjiagang Jinmao
De v elo per : Zh an g jiag an g Jinm ao