Desa ParkCity’s Arcadia is set to be a big shopping attraction in west KL.

Arcadia

WHEN The Waterfront was conceived in Desa ParkCity’s masterplan for its TownCentre about a decade ago, the idea behind the neighbourhood shopping mall was just to serve the residents’ every day needs by way of a supermarket, several retail shops and banking outlets.

The modest centre, however, ended up drawing in crowds from distant locations such as Subang and Cheras instead of just neighbouring communities.

Arcadia

A modernistic town centre

Following the successful sales of The Breezeway, ParkCity has finalised plans for Arcadia, an 11.3-acre freehold compound of four-storey buildings comprising retail shops, offices and Soho (small office/home office) units that will be set within Desa ParkCity’s TownCentre.

Artist impressions of Arcadia depict the eight-block complex much like a shopping courtyard of Western influence.

The ground and first floors, which include a mezzanine, will be used as retail, while the second floor will serve as office space and the third, two Soho units.

Average pricing for ground floor retail shops and offices is RM1,400 per sq ft, RM970 per sq ft for the first floor and RM715 per sq ft for the second.

Sohos are 700-1,000 sq ft, averaging RM750 per sq ft.

There will be 107 buildings with a total of 519 units of retail shops, offices and SOHOs for sale, with priority and a discount of 6% for buyers of whole buildings.

Arcadia’s initial rows of shops, known as Gateway, encircle a centrepoint known as The Plaza, which will serve as a staging area for entertainment.

Patrons will notice the happenings at this hotspot as they walk past The Plaza to reach the other blocks on the retail walkway.

The gross development value for Arcadia is approximately RM1bil, and RM4bil for the Towncentre in total.

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