Bandar Raya to open new retail street in KL
Posted on | July 3, 2007
By THE STAR KUALA LUMPUR: Bandar Raya Developments Bhd (BRDB) is set to open a new retail street at its CapSquare development in midtown Kuala Lumpur in September. Phase two of the CapSquare development, which is a retail street project, is almost complete with 70% of the net retail space leased out, the company said in a statement. CapSquare, located at Jalan Munshi Abdullah, already houses the award-winning 40-storey Menara Multi-Purpose. In the statement, BRDB chief executive officer Datuk Jagan Sabapathy said: “The four-level shopping centre and retail street is designed around the concept of providing something for everyone. “With over 220,000 sq ft of prime shopping area, it offers a host of outlets featuring service and lifestyle retailers.”
The anchor tenant for the retail street will be TGV Cinema Sdn Bhd’s six-screen cineplex with a 1,200 seating capacity on the third floor. This will be its 10th cineplex in the country. Other well-known retail brands will include Starbucks, Coffee Bean, the Delicious Group, Times The Bookshop, the Body Shop and Triumph. Retail concepts from other parts of the region will also be featured, such as the Pancake House from the Philippines and DreamCones, an ice cream franchise from Thailand. There will also be an authentic Arabian restaurant, wine bars and a string of other restaurants serving Hainanese, Thai and local cuisine. Phase two of CapSquare also includes the first of two 36-storey upmarket condominium blocks with 170 units. Opening in December is the E-Centre, a podium at the end of the retail street. A key tenant of the E-Centre will be international fitness chain California Fitness, which will be opening its fifth outlet in Malaysia. Plans for the E-Centre include a Food Festival Village “celebrating the best of Asian street food.”
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