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Tuesday, November 27, 2007

Johor Corp to upgrade Komtar

JOHOR BARU: Johor Corp (JCorp) is allocating RM 55 million to upgrade the retail area of Komtar, one of the earliest commercial buildings in the central business district, in a move to attract more shoppers back to the 29-year old building.

A well-known shopping centre in the 1980s and early 90s, Komtar started losing its shine with the opening of Johor Baru City Square mall next door and Plaza Angsana about 5km away.

Tan Sri Muhammad Ali Hashim showing artist’s impressions of Komtar after the upgrading work.

“We have to keep up with the times if Komtar wants to steal the limelight again,” JCorp chief executive officer Tan Sri Muhammad Ali Hashim said at the launch of the upgrading work recently.

Renovation work on the retail area has started and will take 18 months to complete.

The retail area will be expanded to 15,280 sq m from 12,056 sq m currently and the podium area will have an “eco-centric” theme.

“We have started marketing the 'new Komtar' and are currently talking with a few potential anchor tenants,” said Ali, adding that 27 of the 58 tenants had agreed to return in 2009.

He said shoppers could expect big names in the retail industry to open outlets here.

Also in the pipeline were plans to develop the 1.2ha open car park area beside the building into a shopping mall and an office tower.

Ali said the upgrading work and the new development plan would boost the image of Komtar again in view of its strategic location in the Iskandar Development Region.

By The Star (by Zazali Musa)

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