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Acropolis Mall targeting Diwali 2012 launch

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 Acropolis Mall with the GLA (gross leasable area) of 250,000 sq.ft. and total built up area of 300,000 sq.ft. is targeting to open up during Diwali next year. The mall is located at RB connector in South Kolkata.

Acropolis has already signed up with Shoppers Stop as one of the key anchors and Cinepolis as a multiplex. The size of anchor store in the mall will be approximately 55,000 sq.ft, whereas mini anchors will be 20,000 sq.ft. and vanilla retailers will have 800–1,000 sq.ft. of space.

"Acropolis is a mix use development having a corporate tower from 5th floor to the 18th floor which complements and reciprocates the retail business in the mall below comprising of five levels and triple basement for car parking. The mall is conceptualized and designed by the world famous architectural firm Bentel & Associates of South Africa who have also designed South City Mall, Kolkata, The Oberoi Mall, Mumbai and Mantri Mall, Bangalore," said company spokesperson.

Acropolis will have revenue sharing and minimum guarantee model with its anchor stores, while vanilla stores will have pure rental models and for fine dining and QSR chains mall is ready for both the models, depending on the brand name and proposition.

 


Shubhra Saini

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