The venture follows the company’s success with the Patong-based Jungceylon, it’s first and only other mall project.
But the tail is not wagging the dog. Phuket Square has been headquartered in Bangkok since its establishment in 2004. Jungceylon opened in 2006.
“Mille Malle will cater to local residents and expatriates staying within 5 kilometres of the new shopping venue, which is surrounded by more than 30 commercial complexes – luxury condominiums, office buildings and five-star hotels,” says Pravot Janyasithikul, CEO of Phuket Square.
The project will occupy more than 1 rai (1,600 square meters) in front of Millennium Residence@Sukhumvit, a high-end condominium with 604 units priced from 10 to 120 million baht.
Construction of the mall is already 70 per cent complete. It will contain more than 6,758sqm of space on four floors, of which 3,100sqm will be offered for rent.
About 25 major tenants are expected. Confirmations include MaxValu Tanjai Mini Supermarket, an Eye Lab optical shop, a Hair World salon, and international restaurants such as Zen Cucina and Yamagoya.
“Almost 60 per cent of the key target shoppers of Mille Malle are residents – Thai and expatriate – living on Sukhumvit Road, while 15 per cent are working people and business owners, and 25 per cent are foreign travellers staying at hotels in the area,” Mr Pravot said.
— Nation & Gazette Reporters
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