Chennai - Malls and Multiplex projects, Entertainment & Week End Get Aways

[sridhar_n]

I understand a Mall/multiplex is coming up at the erstwhile National Theatre in Virugambakkam...couple of kms from Big Bazaar. Any updates on this mall???

[Balas]

Originally Posted by kannan infratech

We have done some traffic study near the LB Road flyover earlier.

Unless the mall have alternate entrances and exits on other roads, it will be chaos.

The situation in Forum Mall (Vijaya Studios) at Vadapalani is also very similar if not so accute.

God save Adyarites and people who rely on LB road to connect to T'myur and beyond. I find it difficult to leave my car for service in Cars India (which is just adjacent to it) and take it during even Saturdays. I am not sure if there is a connect from behind (Sastri nagar / padmanabhan st??)

[die4chennai]

Grand Venus Mall

• The mall will set the benchmark in planning – with ample car parking, open spaces and driveways set amidst natural surroundings, fountains and landscaping
• A multiscreen theatre operated by one of the top names in the field Fame Cinemas
• food court that will have counters by leading restaurant chains
• Sophisticated children’s play area
• A shopper’s paradise with lifestyle products and international brands
• Construction already underway, for the first mall in this chain –coming up over 4 acres of prime property in Perumbur

http://www.gangafoundations.com/projects.html

Though the name of the mall chain is spectrum, it is coming under the name,"Grand Venus Mall".Construction is going on for more than a year albeit at a slower pace. Visible improvements can be seen with the pace of development. Will try to post the U/C pics soon.

[die4chennai]

Express Avenue - Updates

Total Development - 15,00,000 sq.Ft

Retail - 9,00,000 Sq.Ft.

Gourmet Supermarket, Book Store,Fashion Apparels & Accessories,Lifestyle Departmental store,Home Store,Electronics/Gadgets Superstores,Kids Stores,Beauty & Health


Entertainment - 1,70,000 Sq.Ft

Food Court with over 1000 seating capacity
8 Screen Multiplex with capacity for 1300

Hotel - 1,00,000 Sq.Ft
Boutique hotel with 40 plus suite rooms
Lounge with Resto bar
Spa & Fitness Center

Office 2,00,000 Sq.Ft.

Parking 4,00,000 Sq.Ft
over 1800 cars
Ample two wheeler Parking


http://expressavenue.in/

[die4chennai]

Source: http://expressavenue.in/

[greatshankar]

Which Multiplex is going to come? Is that satyam's Imax?

[Kewl Batty]

7- screen sathyam is coming up there.. not sure if imax is comin up in this express avenue.

[die4chennai]

Originally Posted by greatshankar

Which Multiplex is going to come? Is that satyam's Imax?

Yes Yes...

Read it in the latest hindu edition but couldnt get the source.
However found an old one here

http://www.hindu.com/2006/09/08/stor...0819770200.htm

[die4chennai]

Here comes another one below

[die4chennai]

CHENNAI: The Delhi-based Aerens Gold Souk Group, having interests in real estate, retail, entertainment and hospitality, on Thursday unveiled its Chennai project, Gold Souk Grande, a large format multi-specialty mall.

Addressing presspersons here on Thursday, Surinder S. Pruthi, Chairman, and Ashish Gupta, Vice-Chairman and Joint Managing Director, Aerens Gold Souk Group, said the Rs. 250 crore project was coming up at Vandaloor, near Chennai. Spread across 8 lakh sq. ft., the mall would be fully operational by the third quarter of 2010.


The mall would have hypermarket, food court, anchor stores and a miltiplex . It would have brand and vanilla anchor stores offering lifestyle products, accessories, electronics, footwear, cosmetics and others.

Shobana, actor, unveiled the replica of Gold Souk Grande-Chennai.

http://www.hindu.com/2009/04/03/stor...0355721400.htm

[die4chennai]

Chennai’s first large format multi specialty mall


Size of development - 800,000 sq. ft.

Location - Located on National Highway 45 (GST ROAD) next to Cresent Engineering College at a stone throwaway distance from the Vandaloor Zological Park

Footfalls - Gold Souk Grandé Chennai will be anchored by Gold Souk making it a destination mall attracting customers from a radius of 200 kms from places as far away as Thiruvannamalai, Thiruchirappalli, Thanjavur, Coimbatore.

Other developments in the vicinity - Sriram Gateway (2km before)
L&T Estancia (3km ahead)
Mahindra World City (12km ahead)

Exclusive Zoning for sustained footfalls - Gold Souk, Hypermarket, Wedding & other lifestyle retail, Brand Stores, Anchor Stores, Multiplex, Food Court

Anchors - Cinemax, Spencers, Pantaloons, Gold Souk

Location Map



Construction updates



Source: http://www.goldsoukindia.com/

[sridhar_n]

Originally Posted by die4chennai

Express Avenue - Updates

Total Development - 15,00,000 sq.Ft

Retail - 9,00,000 Sq.Ft.

Gourmet Supermarket, Book Store,Fashion Apparels & Accessories,Lifestyle Departmental store,Home Store,Electronics/Gadgets Superstores,Kids Stores,Beauty & Health


Entertainment - 1,70,000 Sq.Ft

Food Court with over 1000 seating capacity
8 Screen Multiplex with capacity for 1300

Hotel - 1,00,000 Sq.Ft
Boutique hotel with 40 plus suite rooms
Lounge with Resto bar
Spa & Fitness Center

Office 2,00,000 Sq.Ft.

Parking 4,00,000 Sq.Ft
over 1800 cars
Ample two wheeler Parking


http://expressavenue.in/

God this is looking awesome. Mount Road will regain its lost charm again. Lots of projects coming up. Express Estates, Forum Mall, ITC's Grand Chola, Grand Hyatt etc etc. They should now have a plan to strenghten the infrastruture there...couple of fly overs especially at Teynampet Junction and one at Nandanam will be required..

[die4chennai]

It wud be great if it can b seen from mount road. But by the looks of it, it wont. May b for a short span while peeking inside of the pattulas road

[bharathkasthuri]

I read some where in media (dont remember exactly) that authorities are not planning flyovers in Mount road for the near future as metro rail lines will be going through mount road.

[die4chennai]

Originally Posted by bharathkasthuri

I read some where in media (dont remember exactly) that authorities are not planning flyovers in Mount road for the near future as metro rail lines will be going through mount road.

Thats true and they r giving de same excuse for flyovers at thirumangalam jn, vadapalani jn & for halda jn. They r actively trying 2 find some other excuses for delays in construction of flyovers at Thiruvanmiyur jn, Madya kailash jn.

Oops i forgot they already came up with one. Waiting for report on chennai traffic pattern to b submitted by wilbur smith

[ferrari_fan]

Originally Posted by die4chennai

It wud be great if it can b seen from mount road. But by the looks of it, it wont. May b for a short span while peeking inside of the pattulas road

The office tower on the left looks like it'll be 12-13 floors tall so I think that might be visible from near Spencers on Mount Road..

[kannan infratech]

Though Chennai needs good quality Malls & Multiplexes at least 4 or 5, the occupation level in the upcoming malls seems a huge bother.

Rentals are going down and many cancellataions also.

It will be another 2 to 3 yeras for us to enjoy the same. Lets all pray that the Melt Down is reversed soon and all the M & Ms are filled up.

[bharathkasthuri]

This looks like dog and stone story. Till now its being said that we have huge demand but supply is not there, now the case is reversed. Hope market recovers soon :-)

[ranga]

Originally Posted by kannan infratech

Though Chennai needs good quality Malls & Multiplexes at least 4 or 5, the occupation level in the upcoming malls seems a huge bother.

Rentals are going down and many cancellataions also.

It will be another 2 to 3 yeras for us to enjoy the same. Lets all pray that the Melt Down is reversed soon and all the M & Ms are filled up.

It will certainly take another two/three years minimum for these projects to get completed by that time the meltdown phase will taper and business start picking up.Chennai was very conservative during the late sixties up to even the eighties when hardly a soul stirs out after 9.00 P.M.Despite pessimism about low patronage on account of rigid lifestyles and frugal living among the even well to do chennaites many chains of consumer durable stores and hotels came up in the seventies and thereafter doing roaring business.The present day chennai has undergone lot of change and is like anyother metro of this country with huge potential for business growth what with so many industries coming up.Demand and supply of space are cyclic and so are the rentals.This should not give room for pessimism.

[barrykul]

Originally Posted by ranga

It will certainly take another two/three years minimum for these projects to get completed by that time the meltdown phase will taper and business start picking up.Chennai was very conservative during the late sixties up to even the eighties when hardly a soul stirs out after 9.00 P.M.Despite pessimism about low patronage on account of rigid lifestyles and frugal living among the even well to do chennaites many chains of consumer durable stores and hotels came up in the seventies and thereafter doing roaring business.The present day chennai has undergone lot of change and is like anyother metro of this country with huge potential for business growth what with so many industries coming up.Demand and supply of space are cyclic and so are the rentals.This should not give room for pessimism.

Wow, quite a change by you Ranga. Formerly you criticized mall creation and its "wasteful" spending, now you a firm believer it could do meaningful business in the coming years.

On Malls: if you look at modern day malls, they are really modern, clean well lit places replacing the old bazaar of years gone by. Of course the shops have now become chains offering uniformity in products/service. Indian malls can adapt accordingly. One way for all the "mom and pop" shops to thrive is to band together and create a mall like atmosphere, i.e. a large enclosed area that is clean and well lit with broad walkways. Investing in this infra pays back, since people want a 1 stop shopping experience. Rents become higher. If most of them become like "Spencers" then the playing field is evened out and now it becomes a question of products/services and its price.