Lifestyle precinct at Tun Razak Exchange to open in 4Q2023
Mitch Wilson, campaign director for The Exchange TRX also head of retail for Lendlease Malaysia, says that the fashion precinct is visualized as a “city-defining venture” within TRX. “As a worldwide organisation, we are going to showcase our global placemaking expertise alongside our 43-year history in Malaysia to introduce our trademark approach to experiential market.”
The Exchange TRX will have a 10-acre rooftop public-activated recreation area. Called TRX City Park, it is made by Lendlease in joint venture with landscaping engineers Oculus & Pentago. It definitely will feature kids’s backyard, water attributes, and shaded enclaves. It will also serve as a venue to hold exhibits and events.
Wilson includes that tenancy levels at The Exchange TRC are “well ahead of market ratios”. “We believe the varied retail mix enhanced by vibrant leisure and also entertainment activations will serve as a key point of distinction and may steer site visitors to remain longer and make repeated visits.”
The Exchange TRX, the lifestyle district of the Tun Razak Exchange (TRX) in Kuala Lumpur, is set to launch in 4Q2023. According to developer Landlease, The Exchange TRX will have at least 400 stores across four retail levels, by having 1.3 million sq ft of total net lettable place.
Shops are going to consist of “new-to-market brand names, statement stores, and also reimagined outlet formats”. Support renters include Golden Screen Cinemas, Japanese outlet store Seibu, and even Hong Kong’s Dairy Farm Group. There will additionally be 100 dining outlets.