Development
1 Utama is developed over two phases. Phase 1, known as Old Wing was completed and opened to public in August 1995. The management of the shopping mall was contracted to ÆON Co. (M) Berhad for 15 years until August 2010. ÆON operates its department store and supermarket as its anchor tenant in Phase 1.
Phase 2, known as New Wing, was completed and opened to public in December 2003. Unlike Phase 1, Bandar Utama City Centre manages this new extension, resulting in the entire shopping mall being managed separately with Parkson department store and Giant Hypermarket as anchor tenants. However, in 2008, GCH Retail (M) Sdn Bhd closed the Giant Hypermarket and opened a Cold Storage supermarket outlet instead. Another department store, Tangs, opened in the New Wing in 2012.
Following the expiration of the management contract of Phase 1, Bandar Utama City Centre took over the management of Phase 1 from ÆON and has been managing the entire mall since August 2010. In 2011, Phase 1 underwent a massive renovation and refurbishment exercise which also sees the expansion of floor space to increase retail space. The renovation also sees the reopening of ÆON department store and supermarket on August 22, 2011 and the opening of Isetan department store on April 6, 2012.
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Famous quotes containing the word development:
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