Lifestyle precinct at Tun Razak Exchange to open in 4Q2023
Mitch Wilson, work director for The Exchange TRX also chief of retail for Lendlease Malaysia, says that the fashion department is visualized as a “city-defining project” within TRX. “As an international organisation, we are going to display our worldwide placemaking expertise alongside our 43-year background in Malaysia to offer our signature technique to experimental retail.”
The Exchange TRX will have a 10-acre roof public-activated place. Called TRX City Park, it is made by Lendlease in joint venture with landscaping engineers Oculus & Pentago. It definitely will consist of children’s backyard, water features, and shaded enclaves. It will even act as a place to hold exhibitions plus events.
Wilson adds that occupancy levels at The Exchange TRC are “well ahead of market ratios”. “Our company believe the diverse retail mix matched by dynamic recreation and entertainment activations will act as a bottom line of differentiation and will steer visitors to stick around longer also make continued tours.”
Stores will feature “new-to-market labels, statement stores, and reimagined outlet types”. Support occupants consist of Golden Screen Cinemas, Japanese outlet store Seibu, and Hong Kong’s Dairy Farm Firm. There will additionally be 100 dining outlets.
The Exchange TRX, the lifestyle neighborhood of the Tun Razak Exchange (TRX) in Kuala Lumpur, is readied to open in 4Q2023. According to builder Landlease, The Exchange TRX will most likely have at least 400 shops around 4 retail levels, using 1.3 million sq ft of full net lettable place.
