Village Grocer to serve as anchor tenant for 1 Mont’ Kiara retail mall

KUALA LUMPUR:  The 1 Mont’ Kiara retail mall, slated for opening in the second half of 2010, will see gourmet food supermarket Village Grocer as its main tenant, taking up 25,000 sq ft of space.

Centre manager for 1 Mont’ Kiara Evelyn Tan told theedgeproperty.com that there were several other big-name tenants set to rent space in the mall, which would be revealed at a later date.

The tenant mix is expected to include various lifestyle stores, fashion and accessories, as well food and beverage (F&B) outlets, including concept restaurants that promise to offer new and unusual culinary experiences to patrons.

The retail complex will see a gross area of approximately 350,000 sq ft with an estimated 100 stores and serve as the “public face” for the 1 Mont’ Kiara integrated mixed development.

The mall’s main design feature will be a 6,000 sq ft light-filled atrium with EFTE (ethylene tetrafluoro ethylene) roofing that reacts to lighting and projection which can absorb solar radiation and reduce thermal loss.

In an advertorial in the Edge Financial Daily recently, Ireka Development Management president and CEO Lai Voon Hon said he expected the mall to serve the catchment market’s daily needs and wants.

“The 1 Mont’ Kiara retail mall is set to be the focal meeting point of the Mont’Kiara community for cross-cultural exchange of ideas, understanding, and coming together; a place to be, to see, to be seen and to be heard,” he said.

The 5-storey retail mall would be part of the 1 Mont’Kiara development (pictured) which will comprise a 20-storey office tower, a 34-storey office suite block and serviced residences including i-Zen.

The goal of the development is to serve as a one-stop centre for young professionals and expatriates from neighbourhoods within a 12km radius such as Bangsar, Damansara Heights, Bukit Tunku and Desa ParkCity.

The developers are London Stock Exchange-listed Aseana Properties Ltd, which is managed by Ireka Development Management Sdn Bhd, and Straits Times Index-listed CapitaLand Commercial.

The joint-financiers for the project are United Overseas Bank and Maybank.