Lifestyle precinct at Tun Razak Exchange to open in 4Q2023
Stores will certainly consist of “new-to-market labels, statement stores, together with reimagined outlet structures”. Support lessees include Golden Display Cinemas, Japanese department store Seibu, and even Hong Kong’s Dairy Farm Firm. There may even be 100 dining outlets.
The Exchange TRX will have a 10-acre roof public-activated recreation area. Called TRX City Park, it is created by Lendlease in joint venture with landscape designers Oculus & Pentago. It definitely will include young children’s backyard, water attributes, as well as shaded enclaves. It is going to also work as a place to hold shows plus occasions.
Mitch Wilson, project executive for The Exchange TRX also director of market for Lendlease Malaysia, says that the fashion district is visualized as a “city-defining project” within TRX. “As a global organisation, we are going to display our worldwide placemaking expertise alongside our 43-year history in Malaysia to offer our signature technique to experiential sales.”
Wilson includes that tenancy levels at The Exchange TRC are “well ahead of market ratios”. “We believe the varied retail mix enhanced by dynamic recreation including amusement activations will function as a bottom line of differentiation and will most likely drive visitors to linger a lot longer and make repeated trips.”
The Exchange TRX, the lifestyle district of the Tun Razak Exchange (TRX) in Kuala Lumpur, is readied to open up in 4Q2023. According to builder Landlease, The Exchange TRX will have greater than 400 shops throughout 4 retail levels, by having 1.3 million sq ft of total net lettable location.