The Crescent Mall covering 112,000 square meters will be located near the Crescent Residence and the Crescent Plaza, also developed by Phu My Hung in the new modern town, said the company.
Designed by Design International of Canada and Korn Architects, the mall will initially have total floor space of 44,000 square meters for more than 210 stores as well as restaurants and cafes. It will be up and running in 2011. There will be also a 3,000-square-meter entertainment area inside the mall, eight movie theaters and a 6,000-square-meter supermarket.
Phu My Hung will also take the occasion of the groundbreaking ceremony to sign a VND1.2-trillion loan contract with five local banks to finance the Crescent Mall project.
Bank for Foreign Trade of Vietnam (Vietcombank) will lead the arrangement of the loan. The other four lenders are VietinBank, Baoviet Bank, GiaDinhBank, Asia Commercial Bank.
Tin mới hơn:
- Highly-leveraged, giant Hanoi real estate projects stall for lack of funds
- Ancient wells, tangible heritage in Hoi An
- Vietnam to modernize land management system
- Experts surprised by audacity of proposed Hanoi master plan
- Clearance problems delay Ha Noi projects
Tin cũ hơn:
- HCM City seeks infrastructure cash
- Vietnam gov’t sweetens deal for low-income housing
- Trade in building bids leads to shoddy work
- Landlords, tenants spar over padded rents
- Spanish firm sets up branch in town