Lifestyle precinct at Tun Razak Exchange to open in 4Q2023
Shops will feature “new-to-market brand names, statement outlets, together with reimagined store structures”. Anchor occupants consist of Golden Screen Cinemas, Japanese department store Seibu, and Hong Kong’s Dairy Farm Company. There may additionally be 100 dining outlets.
Wilson adds that occupancy levels at The Exchange TRC are “well ahead of market ratios”. “We believe the varied retail mix complemented by strong leisure and recreation activations will act as a bottom line of distinction and may push site visitors to stick around longer and make repeated tours.”
The Exchange TRX, the lifestyle neighborhood of the Tun Razak Exchange (TRX) in Kuala Lumpur, is set to start in 4Q2023. According to builder Landlease, The Exchange TRX will have greater than 400 outlets around four retail levels, with 1.3 million sq ft of total net lettable place.
Mitch Wilson, campaign director for The Exchange TRX and director of market for Lendlease Malaysia, claims that the fashion precinct is envisioned as a “city-defining project” within TRX. “As a worldwide organisation, we will showcase our international placemaking knowledge along with our 43-year history in Malaysia to present our trademark strategy to experimental sales.”
The Exchange TRX will have a 10-acre rooftop public-activated park. Called TRX City Park, it is made by Lendlease in joint venture with landscape designers Oculus & Pentago. It definitely will consist of children’s play areas, water attributes, and also shaded enclaves. It is going to also function as a place to hold exhibits including events.