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Great World City to undergo major revamp

Great World City to undergo major revamp
The Great World City mall at 1 Kim Seng Promenade in River Valley is set to undergo a major renovation in mid-April, announced its owner Allgreen Properties on Tuesday (10 Apr)...

Artist’s impression of the revamped façade of Great World City.

The Great World City mall at 1 Kim Seng Promenade in River Valley is set to undergo a major renovation in mid-April, announced its owner Allgreen Properties on Tuesday (10 Apr).

Phase 1 of the Asset Enhancement Initiative (AEI) is expected to be completed by Q2 2019, followed by Phase 2 in Q2 2020. This is in preparation for the 2021 opening of the Thomson-East Coast Line’s Great World MRT station.

More: Buyers And Developers Turn Attention To River Valley

The AEI includes a new retail link in Basement 2 connecting the six-storey mall with the MRT station. It will also be accessible via level 1 of the development’s 18-storey office tower and through a pedestrian overhead bridge at level 2, where a nearby outdoor playground will be built.

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Aside from upgrading Great World City’s façade, skylights, flooring and ceiling, Allgreen will reconfigure the escalators and interior walkways to enhance navigation and accessibility of consumers. It also plans to directly connect the office’s lifts to the mall’s third level.

Moreover, its owner will install uniquely-designed dual-level retail pods in the foyer, which are among the first for shopping malls here.

The mall will also house some 50 new tenants, including Japanese-focused retail and food outlets, while the property’s F&B tenant mix will be increased from 20 percent to 30 percent of its net lettable area (NLA) upon completion of the revamp.

Sited on 344,445 sq ft of land, Great World City has an NLA of 430,000 sq ft and gross floor area of 660,000 sq ft.

Although there will be some disruption to existing businesses in the mall during the renovation, Great World City will remain open and accessible at all times during the refurbishment.

“With the revitalisation of Great World City, we are very excited to bring a new-found vibrancy to the River Valley area whilst maintaining its roots as a beloved leisure and lifestyle destination. We look forward to bringing our customers an enhanced shopping experience in the near future,” said Lee Yew Kwung, CEO of Allgreen Properties.

For the latest property news, trends, resources and expert opinions, visit our Property News page. Home buyers looking for Singapore Properties may like to visit our Listings, Project Reviews and Guides.

 

Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg