Lifestyle precinct at Tun Razak Exchange to open in 4Q2023
Mitch Wilson, campaign executive for The Exchange TRX and director of retail for Lendlease Malaysia, claims that the lifestyle district is imagined as a “city-defining project” within TRX. “As an international organization, we are going to display our global placemaking skills along with our 43-year history in Malaysia to introduce our signature strategy to experiential retail.”
The Exchange TRX, the lifestyle precinct of the Tun Razak Exchange (TRX) in Kuala Lumpur, is readied to open in 4Q2023. According to developer Landlease, The Exchange TRX will most likely have at least 400 outlets throughout four retail degrees, by having 1.3 million sq ft of full net lettable location.
The Exchange TRX will have a 10-acre roof public-activated recreation area. Called TRX City Park, it is designed by Lendlease in collaboration with landscaping engineers Oculus & Pentago. It definitely will include young children’s backyard, water attributes, as well as shaded enclaves. It is going to equally serve as a location to hold exhibitions and events.
Wilson puts in that occupancy levels at The Exchange TRC are “well ahead of market ratios”. “We believe the varied retail mix matched by strong leisure and also entertainment activations will work as a bottom line of distinction and will most likely push guests to linger longer and make repeated trips.”
Shops will certainly feature “new-to-market brands, statement outlets, and reimagined store formats”. Anchor renters consist of Golden Screen Cinemas, Japanese outlet store Seibu, and even Hong Kong’s Dairy Farm Company. There can additionally be 100 eating outlets.