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Thread: New mall aims to revitalise Buona Vista

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    Default New mall aims to revitalise Buona Vista

    [url]http://www.businesstimes.com.sg/sub/suite/story/0,4574,483023-1332446340,00.html?[/url]

    Published March 22, 2012

    [B][SIZE="5"]New mall aims to revitalise Buona Vista[/SIZE][/B]

    [B]The Star Vista will be positioned as a lifestyle destination[/B]

    By MICHELLE TAN


    BUONA Vista will see a boost in retail and restaurant offerings come September with the opening of a new mall - The Star Vista (owned and managed by CapitaMalls Asia).


    [SIZE="1"]Performance venue: The Star Vista, opening in September, will also feature a fully equipped, 5,000-seat theatre located above the mall[/SIZE]

    Said to be the area's first major mall in over three decades with more than a hundred shops straddling three levels - or 163,000 square feet of net lettable area (NLA) - The Star Vista will be positioned as a lifestyle destination with more than half of the NLA designated for food and beverage (F&B) offerings, such as Jamaica Blue, Owl Cafe, Boston Seafood Diner, Porn's restaurant, Senor Taco, and Shiraz.

    In addition to the restaurants, Cold Storage will have a 7,000 sq ft supermarket in the basement of the complex.

    To top it off, a fully equipped, 5,000-seat theatre will be located above the mall.

    Owned and managed by Rock Productions, The Star Performing Arts Centre is expected to draw a myriad of performances from around the region and could potentially help fill the gap for events that require a seating capacity that falls in the middle of what The Esplanade (about 2,000 seats) and the Singapore Indoor Stadium (around 10,000 seats) currently offer.

    Billy Chua, general manager of The Star Vista, said that in addition to paid performances, free performances will also be offered at the mall's amphitheatre to add vibrancy to the place.

    With its prime location next to Buona Vista MRT interchange station and an ample supply of car park spaces - exceeding 800 - getting to The Star Vista would be a breeze for both commuters and drivers.

    So far, more than half of the mall has been leased with rental rates of between $14 and $18 per square foot.

    When completed, the mall is expected to cater to the more than 400,000 residents, students, and working population in the vicinity.

    The shopping centre is also Singapore's first naturally cooled mall with a building design that serves to promote enhanced air flow and has been awarded Green Mark Gold by the Building and Construction Authority (BCA) for its pro- environmental efforts.

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    Default $976m shopping and arts complex near Holland V

    [url]http://www.straitstimes.com/Singapore/Story/STIStory_780261.html[/url]

    [B][SIZE="5"]$976m shopping and arts complex near Holland V[/SIZE][/B]

    Published on Mar 22, 2012

    By Jessica Lim


    IT has long been a hit with shoppers and diners alike. But for some, Holland Village is becoming a little too popular for its own good.

    Now, however, a new $976 million shopping and arts complex is set to take some of the pressure off the increasingly crowded enclave.

    Due to open in phases from September, The Star will be built next to Buona Vista MRT station and contain both a mall and a theatre. The development, which will have 110 shops and restaurants, is expected to serve more than 400,000 people within a 5km radius, said its general manager Billy Chua at the launch yesterday.

    This may be welcome news for residents, many of whom say other shopping spots nearby have become too packed. Mrs Susan Lim, 35, who lives a five-minute drive from the upcoming mall, Star Vista, said: 'Holland Village is getting really crowded. The coffee places there are always so packed. The new mall will give us all more options.' The nearby Jelita Shopping Centre also often has cars lining up for a parking space at weekends.

    So far, more than half of shop spaces in the new mall have been leased out at an average of $14 to $18 per sq ft. Owned by CapitaMalls Asia, its tenants include Jamaica Blue, which has more than 80 coffee houses in Australia and New Zealand, and has chosen the mall to house its first South-east Asia outlet. Singaporean coffee brand Owl will open its first cafe there.

    Another attraction is a 5,000-seat theatre on top of the new complex. It will form part of The Star Performing Arts Centre, which is expected to attract visitors from around the region. This part of the development is owned by Rock Productions, the business arm of New Creation Church.

    Concert promoter Sylvia Choy-Dhillon, who owns Greenhorn Productions, said the theatre will 'plug the gap' between small and large venues. She added that The Esplanade and Marina Bay Sands seat only about 2,000 people each, while places such as the Indoor Stadium can take about 10,000. 'Artists need to be paid a certain amount, and sometimes the math doesn't work out if venues are too small. So this might open the market up a bit.'

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    Tacky name for an otherwise promising mall...

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    Thanks
    This may be welcome news for residents, many of whom say other shopping spots nearby have become too packed. Mrs Susan Lim, 35, who lives a five-minute drive from the upcoming mall, Star Vista, said: 'Holland Village is getting really crowded. The coffee places there are always so packed.

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