Development
1 Utama is developed over two phases. Phase 1, known as Old Wing was completed and opened to public in August 1995. The management of the shopping mall was contracted to ÆON Co. (M) Berhad for 15 years until August 2010. ÆON operates its department store and supermarket as its anchor tenant in Phase 1.
Phase 2, known as New Wing, was completed and opened to public in December 2003. Unlike Phase 1, Bandar Utama City Centre manages this new extension, resulting in the entire shopping mall being managed separately with Parkson department store and Giant Hypermarket as anchor tenants. However, in 2008, GCH Retail (M) Sdn Bhd closed the Giant Hypermarket and opened a Cold Storage supermarket outlet instead. Another department store, Tangs, opened in the New Wing in 2012.
Following the expiration of the management contract of Phase 1, Bandar Utama City Centre took over the management of Phase 1 from ÆON and has been managing the entire mall since August 2010. In 2011, Phase 1 underwent a massive renovation and refurbishment exercise which also sees the expansion of floor space to increase retail space. The renovation also sees the reopening of ÆON department store and supermarket on August 22, 2011 and the opening of Isetan department store on April 6, 2012.
Read more about this topic: 1 Utama
Famous quotes containing the word development:
“Every new development for the last three centuries has brought men closer to a state of affairs in which absolutely nothing would be recognized in the whole world as possessing a claim to obedience except the authority of the State. The majority of people in Europe obey nothing else.”
—Simone Weil (1909–1943)
“For decades child development experts have erroneously directed parents to sing with one voice, a unison chorus of values, politics, disciplinary and loving styles. But duets have greater harmonic possibilities and are more interesting to listen to, so long as cacophony or dissonance remains at acceptable levels.”
—Kyle D. Pruett (20th century)
“The experience of a sense of guilt for wrong-doing is necessary for the development of self-control. The guilt feelings will later serve as a warning signal which the child can produce himself when an impulse to repeat the naughty act comes over him. When the child can produce his on warning signals, independent of the actual presence of the adult, he is on the way to developing a conscience.”
—Selma H. Fraiberg (20th century)