Fahrenheit 88

Fahrenheit 88
飛輪海88
Location Bukit Bintang, Kuala Lumpur, Malaysia
Opening date 8 August 2010
Management Kuala Lumpur Pavilion Sdn Bhd
Owner Makna Mujur Sdn Bhd, a subsidiary of Pavilion International Development Fund Ltd
No. of stores and services 280
Total retail floor area 300,000 square feet (28,000 m2)
No. of floors 5

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

History

The Fahrenheit 88 building was previously known as KL Plaza (shopping mall) and owned by the Berjaya Group. In 2007, Berjaya Group disposed 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 service apartments located on top of the shopping mall for RM45 million.[1]

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; the name reflecting the average temperature in Malaysia (31.1 C). Building renovation works, already underway during that time and reportedly costing RM100 million, will entirely change the interior and exterior of the old and outdated building. Entrances are being repositioned and glass facades will be a prominent feature in the new design, allowing ample natural light to illuminate the interior.[2][3][4][5][6]

Accessibility

This shopping mall is accessible by several railway lines that run through the city centre.

Kuala Lumpur Monorail
Ampang Line
Kelana Jaya Line
KTM Komuter

References

  1. "B Land to sell units in KL Plaza for RM470.55m". Daily Express. 16 August 2007.
  2. "KL Plaza gets new name and look". The Edge. 11 January 2010.
  3. "RM100m facelift for KL Plaza". Business Times. 12 January 2010.
  4. "Fahrenheit 88 to replace KL Plaza". The Edge. 12 January 2010.
  5. "Turning up the heat in Bukit Bintang". The Star. 14 January 2010.
  6. "Fahrenheit 88 to be mercurial landmark in Bukit Bintang". The Sun. 18 January 2010.

Coordinates: 3°08′51″N 101°42′45″E / 3.1475°N 101.7125°E / 3.1475; 101.7125

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