Fahrenheit 88

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Fahrenheit 88
华氏/飞轮海88
Fahrenheit 88.jpg
Fahrenheit 88
Location179 Jalan Gading, Bukit Bintang, Kuala Lumpur, Malaysia
Coordinates 3°08′51″N101°42′45″E / 3.1475°N 101.7125°E / 3.1475; 101.7125
Opening date8 August 2010;14 years ago (2010-08-08)
Previous namesKL Plaza
ManagementKuala Lumpur Pavilion Sdn Bhd
OwnerMakna Mujur Sdn Bhd, a subsidiary of Pavilion International Development Fund Ltd
No. of stores and services280
Total retail floor area 300,000 square feet (28,000 m2)
No. of floors5 + 3 lower grounds
Public transit access KG18A  Bukit Bintang MRT station
 MR6  Bukit Bintang Monorail station
Website www.fahrenheit88.com

Fahrenheit 88 (previously known as KL Plaza) is a shopping centre in Bukit Bintang, Kuala Lumpur, Malaysia. The Fahrenheit 88 building reopened in August 2010 after extensive renovation. Management and leasing of the shopping centre are handled by the same company that manages the Pavilion Kuala Lumpur shopping centre.

Contents

History

Main entrance Fahrenheit 88 (211030).jpg
Main entrance
Interior Fahrenheit 88 interior.jpg
Interior

The Fahrenheit 88 building was previously known as KL Plaza (shopping centre) and owned by Berjaya Leisure Berhad, [1] a company of the Berjaya Group.

One of the Malaysian outlets of French department store chain Printemps was located here. Earlier the outlet wanted to discontinue its operations at KL Plaza in September 1986 due to the lack of long-term viability. [2]

Mun Loong had its flagship outlet at KL Plaza, [3] opened in 1987. Occupying a space of 90,000 square feet (8,400 m2), the outlet closed in mid-1996 due to Mun Loong being "unfavourable" with the new terms of KL Plaza's lease renewal. [1]

In 2007, Berjaya Group disposed of the KL Plaza building for a total consideration of RM470 million to the Pavilion Group. The sale consisted of the 5-storey shopping podium for RM425 million and 59 units of flats located on top of the shopping centre for RM45 million. [4]

In early 2010, a publicity exercise was embarked by the Pavilion team, with major local press reporting on the rebranding of the building as Fahrenheit 88, a name reflecting the average temperature in Malaysia (31.1 C). Building renovation works, already underway at that time and reportedly to cost RM100 million, were intended to entirely change the interior and exterior of the old and outdated building, with entrances repositioned and glass facades added, allowing ample natural light to illuminate the interior. [5] [6] [7] [8] [9]

See also

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References

  1. 1 2 "Anchor tenant Mun Loong to pull out of KL Plaza". The Straits Times. 5 June 1996.
  2. ↑ "Larut Tin clarifies situation at Printemps KL Plaza". Business Times (Singapore). 9 March 1987. Retrieved 28 June 2024.
  3. ↑ "Mun Loong says Lot 10 opening will boost activity". Business Times (Singapore). Bernama. 6 September 1990.
  4. ↑ "B Land to sell units in KL Plaza for RM470.55m". Daily Express. 16 August 2007. Archived from the original on 21 June 2011.
  5. ↑ Wong King Wai, Lam Jian Wyn (11 January 2010). "KL Plaza gets new name and look". The Edge. Archived from the original on 7 November 2010. Retrieved 10 June 2010.
  6. ↑ Vasantha Ganesan (12 January 2010). "RM100m facelift for KL Plaza". Business Times.
  7. ↑ "Fahrenheit 88 to replace KL Plaza". The Edge. 12 January 2010. Archived from the original on 25 February 2010.
  8. ↑ Christina Low (14 January 2010). "Turning up the heat in Bukit Bintang". The Star . Archived from the original on 16 January 2010.
  9. ↑ "Fahrenheit 88 to be mercurial landmark in Bukit Bintang". The Sun. 18 January 2010.[ permanent dead link ]
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