Economy
The 1980s saw the establishment of the Atria in Damansara Jaya and Subang Parade in Subang Jaya. The Atria provided the opportunity for residents to patronise either the Japanese Kimisawa or the French Printemps department stores, as well as a Burger King restaurant. Both the departmental stores and Burger King did not survive the 1980s economic recession, however Burger King later reopened in the early 2000s. Later as Atria lost anchor tenant Parkson Grand, they attempted to uplift the premises with a cosmetic makeover in October 2010. As of July 2011, Atria and its latest anchor tenant, Giant Supermarket has ceased operations and is currently undergoing demolition to make way for new development.
In 1995, 1 Utama commenced operations at Bandar Utama. Jaya Jusco, a Japanese Department Store which had operated since 1984 at Taman Tun Dr Ismail later relocated as one of the anchor tenants of 1 Utama.
During the 1990s, Bandar Sunway was being developed by the Sunway Group. It was later recognized as a tourism destination with recreations such as Sunway Lagoon, Sunway Pyramid and etc.
Tesco Supermarket commenced operations in Mutiara Damansara in 2003. This was quickly followed by the Ikano Power Centre in 2004 and the Curve in 2005. The Ikano Power Centre (now renamed as IPC Shopping Centre in 2011) houses South East Asia's largest IKEA Swedish furniture store. IKEA had previously operated at the nearby 1 Utama before the period. At about the same time, the 1 Utama new wing had commenced operations. By 2006, these establishments had synergised to make Bandar Utama and adjacent Mutiara Damansara to become very popular shopping destinations in the Klang Valley.
In 2004, Giant Mall commenced operations in Kelana Jaya. This complex houses the Giant Hypermarket and some shops to create a more shopping centre style, hence this is the reason why it is named. It is located and easily accessed off the Damansara-Puchong Expressway. Located nearby is the SStwo Mall which was opened at the end of December 2010.
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Famous quotes containing the word economy:
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)