Lifestyle precinct at Tun Razak Exchange to open in 4Q2023
The Exchange TRX, the lifestyle district of the Tun Razak Exchange (TRX) in Kuala Lumpur, is set to start in 4Q2023. According to developer Landlease, The Exchange TRX will have at least 400 stores throughout 4 retail degrees, using 1.3 million sq ft of full net lettable location.
Stores are going to consist of “new-to-market brand names, statement outlets, together with reimagined store formats”. Support renters include Golden Screen Cinemas, Japanese department store Seibu, including Hong Kong’s Dairy Farm Group. There will additionally be 100 eating shops.
Wilson puts in that occupancy levels at The Exchange TRC are “well ahead of market ratios”. “Our company believe the diverse retail mix matched by strong leisure and entertainment activations will work as a key point of differentiation and even will drive site visitors to remain longer and make repeated tours.”
The Exchange TRX will have a 10-acre rooftop public-activated place. Called TRX City Park, it is designed by Lendlease in partnership with landscaping architects Oculus & Pentago. It definitely will include kids’s backyard, water features, as well as shaded enclaves. It will even work as a location to hold shows plus events.
Mitch Wilson, campaign director for The Exchange TRX and chief of retail industry for Lendlease Malaysia, states that the fashion district is pictured as a “city-defining assignment” within TRX. “As a global business, we will display our international placemaking skills alongside our 43-year record in Malaysia to offer our signature technique to experiential market.”