Parkway Parade

Coordinates: 1°18′07″N 103°54′17″E / 1.30194°N 103.90472°E / 1.30194; 103.90472

Parkway Parade
Location Marine Parade, Singapore
Address 80 Marine Parade Road
Opening date 1984
Developer Parkway Holdings
Management Lend Lease
Owner Parkway Parade is a mixed-use development with sub-divided strata ownership. It is owned by Parkway Parade Partnership Limited fund managed by Lend Lease.
No. of stores and services 270
No. of anchor tenants 7
Total retail floor area 561,000 square feet (52,100 m2)
No. of floors 7
Parking 1,201 (including 6 handicap and 3 green lots)[1]
Website Parkway Parade

Parkway Parade (Chinese: 百汇广场; pinyin: Bǎihuì Guǎngchǎng) is a suburban shopping centre in Marine Parade, Singapore.[2] Opened on March 9, 1984, it has a 17-floor office tower and a seven-storey shopping mall with a basement. Developed by Parkway Holdings, the company sold the building away in 2000 to Asia Pacific Investment Company and is managed by Lend Lease.

History

Parkway Parade Shopping Centre

Parkway Parade was developed by Parkway Holdings and was completed in March 1984. At that time of completion, it was the first heartland shopping mall in Singapore. It featured many major tenants setting up their stores in the suburbs, such as Isetan, Marks and Spencer, Yaohan Best and children's department store Small World. It also featured a wide array of food choices, including Chuck'E'Cheese, Hardees', and Petite Park. The mall also has an amusement centre occupying Levels 3 and 4 (Funland) and a playground at Level 7.

In 2000, the property was sold to Asia Pacific Insurance Company, and subsequently made Lend Lease manage the mall.

The mall commenced its makeover in March 2002 and was completed in two phases. The first phase included a new tenant mix, to reflect the positioning of the mall. This included anchor tenant, Giant on the third floor. The mall's second phase was completed in November 2003, with a brand-new and expanded food court at the Basement floor and an alfresco-dining area on the first floor. It also included the completion of the 'Waterfall' leisure and dining precinct with one of the country's tallest glass waterfall, a water play area, six food and beverage outdoor kiosks and a restaurant. The mall was fully renovated in November 2003.

Further facelifts were done to mall's exterior featuring an expanded alfresco-dining to the first floor in 2011, with the removal of the 'Waterfall' leisure feature and repositioning of the entrance area. Completed in late 2012, the new alfresco-dining area houses around 10 new tenants to the expansion.

In 2015, another round of renovations were made keep the mall updated. Best Denki relocated to level 3, taking a part of Giant Hypermarket's space, and currently, there are ongoing works for a Cathay Cineplex at level 7, scheduled for completion at the end of 2016.

Anchor tenants

Junior anchors

References

  1. ↑ "Parking Services". Parkway Parade. Retrieved 5 November 2013.
  2. ↑ Cheong Suk-Wai (2 April 2006). "It's a MALL world after all". The Sunday Times (Singapore).

External links

This article is issued from Wikipedia - version of the Saturday, May 07, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.