Lifestyle precinct at Tun Razak Exchange to open in 4Q2023
Mitch Wilson, campaign executive for The Exchange TRX and also director of market for Lendlease Malaysia, states that the lifestyle district is pictured as a “city-defining project” within TRX. “As a worldwide organisation, we are going to display our worldwide placemaking skills together with our 43-year background in Malaysia to present our trademark strategy to experimental sales.”
The Exchange TRX, the lifestyle district of the Tun Razak Exchange (TRX) in Kuala Lumpur, is readied to open up in 4Q2023. According to developer Landlease, The Exchange TRX will have more than 400 stores throughout 4 retail levels, by having 1.3 million sq ft of total net lettable area.
Shops will include “new-to-market brands, statement stores, and also reimagined outlet structures”. Anchor renters such as Golden Display Cinemas, Japanese chain store Seibu, and even Hong Kong’s Dairy Farm Group. There may even be 100 dining shops.
Wilson includes that tenancy levels at The Exchange TRC are “well ahead of market ratios”. “Our team believe the diverse retail mix matched by vibrant recreation and also recreation activations will work as a key point of distinction and will most likely steer visitors to remain a lot longer and also make repeated visits.”
The Exchange TRX will have a 10-acre roof public-activated place. Called TRX City Park, it is created by Lendlease in partnership with landscape designers Oculus & Pentago. It will consist of children’s backyard, water functions, and shaded enclaves. It will also work as a place to hold exhibitions plus occasions.
