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Central commits to B1bn Phuket lifestyle mall

BANGKOK: The Central Group of Companies, Thailand’s biggest retail conglomerate, plans to spend B1 billion to build its first outdoor lifestyle mall in the Bang Tao area of Phuket next year.

constructiontourismeconomics
By Bangkok Post

Tuesday 30 October 2018, 09:09AM


A perspective of Porto de Phuket developed by Central Group.

A perspective of Porto de Phuket developed by Central Group.

Lertvit Pumipitak, the group’s senior executive vice-president of corporate business development, said the company will start to develop Porto de Phuket on 50 rai in Bang Tao in 2019, with construction to be complete by the end the year.

The construction is divided into two phases. The first phase is on 20 rai, focusing on the development of an outdoor lifestyle mall covering 40,000 square metres.

The lifestyle mall will consist of seven features, including a Phuketian Mercado and a Food Hall with eateries, cafes, bars and beverage stores.

Central Food Hall, a restaurant and cafe zone, a multi-design house offering various creative products from top designers around the world, as well as new formats of Supersports, Power Buy, B2S and FamilyMart convenience store are all planned for the mall.

Nick Reitmeier, executive vice-president of Food Hall and international buying for Central Food Retail Co (CFR), the operator of Tops Supermarket and Food Hall, said the company plans to invest B120-150 million to build a new Food Hall at the Porto de Phuket project covering 3,000 square metres.

The group already operates Central Festival, Central Floresta and Robinson department stores and lifestyle centres in Phuket. In addition to Porto de Phuket, the group is building a Zen Department Store in Patong Beach slated to open before the year’s end.

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The group’s interest in Phuket lies in the potential of the tourism industry. In 2017, Phuket had 16.9 million visitors contributing B399bn to the economy. The next few years are expected to see 20-25mn tourists who will circulate some B555bn, the company said.

“There is huge potential for Porto de Phuket because there are only a few retail chains in the area, while hotel villas and condos have seen massive growth," Mr Lertvit said. Phuket has more than 12,000 hotel rooms, over 5,000 apartment units and more than 2,000 villas, he said.

Customers in Cherng Talay district near Laguna Phuket have the highest spending power on the island. Their average spend per transaction is about B4,000, compared with B3,000 in other zones, said Mr Lertvit.

He expects Porto de Phuket to see at least 3mn tourists every year and about 6,000 visitors during the weekday, with 12,000 visitors during the weekend.

 

Read original story here.

 

 

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Christy Sweet | 31 October 2018 - 17:32:22

More like Porto de Potty. 

ematt | 31 October 2018 - 15:03:28

Re: "Another example of Thai greed", no shopping malls where you come from? 

Concernd | 31 October 2018 - 13:51:15

Kurt well said; invest first in infrastructure like a new waste incinerator water treatment, safe roads, transportation, environment protection, littering education etc ,before allowing new shopping centers malls, hotels being build.

Kurt | 31 October 2018 - 13:31:17

@ Fascinated,  probably 'Life style' project already set in motion behind the 'financial curtains'. Nothing stops money on Phuket. So, what is your realistic suggestion to keep your area livable?  Now already I see there along the roads illegal dumps everywhere. No Official cares. Dumpers not bother.  So? Any 'non gibberish' idea?

Fascinated | 31 October 2018 - 10:44:04

More congestion on the local roads - Cherng Talay is already a bottle neck and this will only make it worse. I see we have the usual gibberish already from Insp K though!

Concernd | 31 October 2018 - 09:09:48

Soon perhaps lost tropical paradise,- just a mega mass tourism shopping city?

Kurt | 31 October 2018 - 09:08:12

Reading this article and the article about Phuket's waste woes...Why not build a new incinerator  
in BangTao/Laguna area? The housing/visitors figures overthere have to be supported by good and quick care of waste locally. Can not continue mass transport wast over half the island through Phuket Town to the old limited capacity incinerators.

Shwe | 31 October 2018 - 05:00:47

How are they going to get to this stupid project, roads in Cherng Talay are already over crowded. 3M visitors per year will certainly lower the tone of Laguna and affect property prices there. Another example of Thai greed . 

Kurt | 30 October 2018 - 09:38:45

Building/constructing in less than 1 year? Wow? Very different from more than 3 year building/construction time of that small Chalong Hospita.  But is Phuket Government keeping up with it? Envronmental wise? Waste collection, incinerator capacity, untreated waste water, power supply, etc? Is there a hand in hand working relation between enterprises and government?

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