Construction of the main structure of the Century Plaza Shopping Mall on Russian Federation Boulevard (Street 110) has been completed and the establishment is scheduled to open before the Khmer New Year – which falls on April 14 in 2022.
Invested by JLECC, the six-storey mall broke ground on November 27, 2019, at the location of an existing market also named Century Plaza.
The ground floor will host vendors of fish, meat, fruits and vegetables. The first floor will house a general supermarket with a selection of groceries, clothes, jewellery and other items.
The second floor will house higher-end shops, as well as health and beauty care centres. The third floor will be devoted to restaurants. The fourth and fifth floors will be a four-star hotel with a roof garden.
At a ceremony marking the completion of the mall’s main structure on November 3, Phnom Penh deputy municipal governor Nuon Pharath said the plaza would help “enhance the prestige” of the capital, especially when the Kingdom hosts major events such as the 2023 Southeast Asian Games.
Kim Kinkesa, senior manager of research and consulting at CBRE Cambodia, told The Post on November 4 that a major selling point for the mall was its easily-accessible location in a dense part of the capital, near the airport.
She believes that the shopping centre will receive a fair share of customers, due to its multi-purpose use and assortment of food stalls and modern shops, as well as a hotel. “Given the potential of the location, I think this mall will soon be a success.”
The total retail space in the capital reached 370,000sqm by end-September, with an occupation rate of 67.7 per cent, CBRE Cambodia reported.