Lifestyle precinct at Tun Razak Exchange to open in 4Q2023
The Exchange TRX will have a 10-acre rooftop public-activated place. Called TRX City Park, it is developed by Lendlease in collaboration with landscaping designers Oculus & Pentago. It definitely will consist of kids’s backyard, water functions, and also shaded enclaves. It is going to even serve as a venue to host shows plus events.
Shops will certainly consist of “new-to-market brand names, statement outlets, together with reimagined outlet structures”. Support renters include Golden Display Cinemas, Japanese outlet store Seibu, and even Hong Kong’s Dairy Farm Group. There can even be 100 dining shops.
Mitch Wilson, project director for The Exchange TRX and director of retail for Lendlease Malaysia, states that the lifestyle department is pictured as a “city-defining venture” within TRX. “As a global organization, we will showcase our global placemaking knowledge along with our 43-year background in Malaysia to offer our signatory technique to experimental retail.”
The Exchange TRX, the lifestyle district of the Tun Razak Exchange (TRX) in Kuala Lumpur, is set to start in 4Q2023. According to builder Landlease, The Exchange TRX will most likely have at least 400 stores across four retail levels, by having 1.3 million sq ft of overall net lettable area.
Wilson adds that tenancy levels at The Exchange TRC are “well ahead of market ratios”. “Our company believe the diversified retail mix enhanced by strong recreation and recreation activations will act as a bottom line of differentiation and even will drive visitors to stick around a lot longer also make repeated visits.”