Sunday, October 6News That Matters

“Phoenix Mall of Asia” in Bengaluru, set open on Oct 27

Photo and Video By…P.K.Ananth Kumar

This luxurious experiential development is poised to become North Bengaluru’s premier consumption hub, delivering an extensive, stylish and immersive shopping experience, complemented with wholesome dining and entertainment choices.

  • Immersive luxury development spanning over 12 lakh sq. ft. of gross leasable area.
  • A distinct blend of fashion, leisure, and experiences, bringing together a selection of over 440 brands, including over 160 international labels and over 50 debut brands to Bengaluru.
  • Thoughtfully designed with five distinct interior themes across floors.
  • Showcasing an impressive entertainment zone of over 250,000 sq. ft. comprising a 14-screen INOX Megaplex, and ScreenX – a pioneering 270-degree panoramic theatre experience.
  • Expected to generate over 5,000 job opportunities in the city.
  • Parking facilities for over 3,400 vehicles with EV charging stations and bicycle bays available for visitors.
  • This regional consumption centre will be further enhanced by addition of ~8 lakh sq. ft. of modern offices which will start operating later this year.

Bengaluru, 26th October, 2023: The Phoenix Mills Limited (PML), India’s leading destination retail mall developer and operator, has opened doors to its second mall in Bengaluru, “Phoenix Mall of Asia” at Hebbal, Bengaluru. This sprawling retail destination spread across ~13 acres and encompassing over 12 lakh square feet (sq. ft.) of gross leasable area, is in the expanding consumption centre of Northern Bengaluru.

The mall has been developed by PML under its joint venture with Canada Pension Plan Investment Board (“CPP Investments”). PML today has an operational retail portfolio of over 1.1 crore sq. ft. of leasable area across 12 retail consumption hubs in 8 major cities of India.

 Mr. Atul Ruia, Chairman of The Phoenix Mills Limited, Says “In 2011, we entered the Bengaluru market with launch of Phoenix MarketCity in Whitefield, which swiftly established itself as one of the best performing retail assets in our portfolio. Today, I am pleased to announce the launch of our second retail destination in Bengaluru, “Phoenix Mall of Asia” at Hebbal. The interiors of this mall exude opulence, with each floor meticulously crafted to encapsulate a distinctive theme, promising the visitors a unique and visually enthralling experience.

We have created two grand transformative digital experiences for the shoppers, first being the “Luxe Atria”, a remarkable four-storey LED digital display zone, to welcome the patrons with cascading crystallized falling water elements. Then, we have “Eden Arcadia,” spanning five floors, set to captivate the visitors with exclusive displays focused on tranquillity and natural splendour.

Our themed zones continue with F&B zones like “The Oasis”, which houses open plan restaurants, luxurious cafés and “Foodthopia” which houses over 50 dining options.

We have also curated an entertainment zone of over 250,000 sq. ft. with wide array of offerings for fun outings with family and friends.

We are confident that “Phoenix Mall of Asia”, our latest world-class and contemporary retail destination will leave a lasting mark in the landscape of this city and create a legacy of its own.

 Mr. Shishir Shrivastava, the Managing Director of The Phoenix Mills Ltd,  Says  “With the launch of “Phoenix Mall of Asia”, we continue our path of continuously evolving, adapting, and elevating experiences for patrons with every new destination. This new development in North of Bengaluru is spread across a gross leasable area of ~12 lakh sq. ft., integrated with modern Grade-A commercial office spaces of ~12 lakh sq. ft. The commercial offices will be developed in phases, with ~8 lakh sq. ft. in Phase 1 expected to become operational soon. This development is strategically located amidst growing residential areas, IT Parks and office development sites in a rapidly developing area of the city. With easy access from the airport and seamless connectivity to other city centers through means like the new metro, Phoenix Mall of Asia is set to become Bengaluru’s ultimate new-age luxury retail destination.

With the launch of this mall, we are excited to create more than 5,000 jobs in the city and make an impact in the economy of Bengaluru. This is the third retail destination to become operational under our Joint Venture with our partners CPP Investments and I would like to extend my gratitude to the entire team at CPP Investments for their support through this journey.”