DEVELOPER OF THE MONTH CITY CATALYST For Azmar, TRX is a long term project planned for completion between 15 – 20 years, which in turn will contribute to the economic growth of the country in the long run. TRX will be noted as the city’s dedicated financial district and will enlarge the coast of CBD, whisking in more jobs and business activities. “Even at this point, a couple of years away from Phase 1 launch, we are already seeing how TRX catalyses the rejuvenation of the area. Our neighbours have started their upgrading works, and we have seen the prices of the land surrounding our border hitting record levels,” continued Azmar. TRX are also working with Kuala Lumpur City Hall (DBKL) to enhance the requirements like connecting the major shopping malls in CBD, in order to make Kuala Lumpur a more seamless and pedestrian friendly shopping paradise. It has a great potential to expand the Golden
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Triangle’s shopping destination from Bukit Bintang all the way to Imbi area and TRX. The vibrant pedestrian walkways will boost the area’s profile as a major international destination. POSITIVE PROGRESS On the 70-acre master plan, TRX has planned a total of 26 buildings and over 21 million sq. ft. of gross floor area (GFA) spread across office, residential, hotel, retail, F&B and cultural offerings. The initial phase 1 is slated for completion in 2018 – 2019. At this point, it has commercialized about 60% of its area. The Lifestyle Quarters, a joint venture development between Lendlease and TRX consists of a 2 million sq. ft. Lifestyle Retail Mall, with residential and hotel components. The project work on Lifestyle Quarter has picked up after receiving the development approval. The Signature Tower, a 92-storey building that will anchor the TRX development
has been progressing rapidly. “We have also started on construction for an office building for an international tenant, and Affin Bank is currently designing their new head office in TRX too,” Azmar stated proudly. In the middle of last year, TRX City has also started the tender process for the next phase of infrastructure work that includes the construction of Jalan Tun Razak – TRX Ingress and Egress (underground tunnel), MEX – TRX Ingress (elevated), SMART – TRX Ingress and Egress and related works, which will facilitate the development of TRX as a whole. Eleanor Roosevelt once said, “The future belongs to those who believe in the beauty of their dreams.” Being a future acumen, TRX development has transgressed successfully with positive notes to take up the capital city to another new level altogether. TRX has progressively lifted the nation’s spirit to regain international recognition and status.