Lucky One Mall

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Lucky One Mall
Lucky One Mall.jpg
Lucky One Mall
General information
TypeShopping mall
LocationOpposite UBL Sports Complex، Rashid Minhas Road، Karachi
Coordinates 24°55′56″N67°5′14″E / 24.93222°N 67.08722°E / 24.93222; 67.08722
Construction started2010
Completed2017
CostRs. 11 billion (US$38 million)
Technical details
Floor count10
Floor area320,000 m2 (3,444,500 sq ft) [1] [2]
Design and construction
Architect(s)Arcop (Pvt.) Ltd.
DeveloperLucky Landmark (Pvt) Ltd.
Structural engineerMushtaq & Bilal Consulting Engineers
Eleken Associates
Y.H. Associates [3]
Website
www.luckyone.com.pk

Lucky One Mall is a shopping mall located in Karachi, Sindh, Pakistan, which is owned by Yunus Brothers Group. It is the largest shopping mall in Pakistan, with an area of about 3.4 million square feet. [4]

Contents

History

Lucky Mall was constructed on the land originally owned by Fazal Textile Mills, a listed company which was acquired by the Yunus Brother Group in 1987. [5] [6] The mill specialized in producing cotton ring-spun yarn and was located in the industrial estate of Federal B. Area. [6] As the population of Karachi increased, the land of the mill became part of the city and its real estate value increased. [6] Due to this reason, on October 8, 2008, Fazal Textile Mills decided to relocate its production facility to Nooriabad, near the Super Highway, and construct a mega mall and luxurious residential towers on the existing land of the mill. [6]

In 2010, the Lucky One Mall Project was conceived as a joint venture between Lucky Textile Mills and Fazal Textile Mills. [6] To manage the construction, development, and maintenance of the project, a special purpose vehicle (SPV) named Lucky One (Private) Limited was formed in August 2010, following shareholder approval. [6] In September 2014, the shareholders of Lucky Landmark and Fazal Textile Mills decided to dissolve Fazal Textile Mills by merging the Lucky One Project with Lucky Landmark (Private) Limited and integrating Fazal's textile operations with Gadoon Textiles Limited. [6]

In 2017, the mall was opened to the public. [7]

Facilities

It also includes an atrium, brand outlets and food court. The mall also features the indoor theme park Onederland, which consists of over 200 attractions across 2 levels. [8] [9]

It includes Carrefour, a large renowned hyper market offering a large variety of different grocery, household & electronic items. [10] [11] There are many other famous brands like Hush Puppies, Travel Mate, Service Shoes, Stylo Shoes, [12] Sputnik Footwear, Interwood Mobel, Bata Corporation, Gree Electric and more.

Residential towers

Lucky One Towers
لکی ون
Lucky One Mall 1.jpg
Lucky One Mall
General information
StatusCompleted
TypeMixed-use
LocationFB Area Karachi
Construction started2010
Completed2017 [13]
Opening6 May 2017
CostRs. 11 billion (US$38 million)
Height
Architectural130 m (427 ft)[ citation needed ]
Technical details
Floor count28 [14]
Floor area590,000 m2 (6,350,700 sq ft) [15]
Design and construction
Architect(s)Arcop (Pvt.) Ltd.
DeveloperLucky Group
Structural engineerMushtaq & Bilal Consulting Engineers
Eleken Associates
Y.H. Associates [3]
Website
www.luckyone.com.pk

Lucky One Towers is a residential project under construction in Karachi, comprising eight buildings, each having 28 floors and a mall at podium level. [16]

See also

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References

  1. ↑ "Lucky One Mall". February 2018.
  2. ↑ Khan, Haris (2017-06-04). "21 Amazing Photos and Facts About Lucky One Mall Karachi – The Biggest Shopping Mall in Pakistan". Paki Holic. Retrieved 2020-01-04.
  3. 1 2 "Lucky One, Karachi". costveyors.com. Archived from the original on 2016-06-21.
  4. ↑ "South Asia's largest mall, Lucky One selects LMKT to deploy GPON Solution". 18 January 2016.
  5. ↑ "Fazal Textile Mills Limited". Brecorder. April 30, 2014.
  6. 1 2 3 4 5 6 7 Naeem, Zain (April 22, 2024). "How the building of Lucky One Mall became a case study in the mistreatment of minority shareholders". Profit by Pakistan Today.
  7. ↑ "LuckyOne Mall grand opening held in Karachi | Pakistan Today". www.pakistantoday.com.pk. Retrieved 2019-09-22.
  8. ↑ "Samsung opens outlet at Lucky One Mall". The Nation. 2019-04-16. Retrieved 2019-09-22.
  9. ↑ "Samsung Pakistan Opens Premium Outlet at Lucky One Mall Karachi". PhoneWorld. 2019-04-15. Retrieved 2019-09-22.
  10. ↑ "LUCKY ONE MALL - 3D-ILLUMINATION | PROJECTION MAPPING IN PAKISTAN". 3Dillumination.com. 2017-05-01. Retrieved 2017-05-25.
  11. ↑ "Mall tourism set to take Karachi by storm". thenews.com.pk.
  12. ↑ "Stylo Shoes".
  13. ↑ "Lucky One Mall, Launch Date". 17 March 2017.
  14. ↑ "Elekon Web on LuckyOne Towers". costveyors.com.
  15. ↑ "Lucky One Mall, Karachi Eleken Page". costveyors.com.
  16. ↑ "Mall tourism set to take Karachi by storm". thenews.com.pk.


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