First mall-multiplex takes shape
TIMES NEWS NETWORK
M L Kapur
25 Aug, 2006 0140hrs IST
HUBLI: People of Hubli and surrounding towns will soon be able to keep up with the Joneses, a la Delhi, Mumbai and Bangalore.
The city is going to have its first mall-cum-multiplex in the next two years, coinciding with the projected peaking of the IT boom.
Promoted by Raiker Entertainments, leading film distributors and exhibitors of the region, it will come up over a prime commercial site in Vidyanagar, the educational hub of the city.
In the next phase, a three-star hotel is also planned in the same complex on Hubli-Dharwad road. Designed by Kembhavi Architecture Foundation, it will have two underground levels plus five upper floors; with a total built-up area of 2.5 lakh sqft.
It will be the first centrally air-conditioned mall-multiplex with full power back-up, outside of Bangalore and Mangalore in Karnataka.
Ramesh Raiker of Raiker Entertainments told The Times of India: "The mall-multiplex will have five theatres with capacities ranging from 150 to 350 seats.
It will be the first such facility in North Karnataka to have escalators from the ground level atrium to the top two floors housing the theatres."
The underground levels will have parking space and a hypermarket for groceries and green groceries. The parking area will have elevators up to the upper floors.
The mall will accommodate anchor stores, retail stores for branded products, and food outlets of various sizes and formats to suit varying budgets. Raiker said "a garden will separate the mall multiplex from the proposed three-star hotel. There will also be additional open parking area between the two.We are short-listing facilities management firms for efficient maintenance and housekeeping services."
He said: "The building plans are being given the final touches. Construction will start within six months and the facility will become operational in another 18 months. We are already getting a lot of inquiries from Bangalore, Mumbai and Delhi. The response is very encouraging."
Raiker Entertainments at present owns 10 cinema halls in Hubli, Dharwad, Belgaum, Bijapur, Dandeli, Sirsi, Ankola and Kumta.
It is their first foray into retail space development. The mall-multiplex aims at providing a complete family shopping and entertainment experience.
TIMES NEWS NETWORK
M L Kapur
25 Aug, 2006 0140hrs IST
HUBLI: People of Hubli and surrounding towns will soon be able to keep up with the Joneses, a la Delhi, Mumbai and Bangalore.
The city is going to have its first mall-cum-multiplex in the next two years, coinciding with the projected peaking of the IT boom.
Promoted by Raiker Entertainments, leading film distributors and exhibitors of the region, it will come up over a prime commercial site in Vidyanagar, the educational hub of the city.
In the next phase, a three-star hotel is also planned in the same complex on Hubli-Dharwad road. Designed by Kembhavi Architecture Foundation, it will have two underground levels plus five upper floors; with a total built-up area of 2.5 lakh sqft.
It will be the first centrally air-conditioned mall-multiplex with full power back-up, outside of Bangalore and Mangalore in Karnataka.
Ramesh Raiker of Raiker Entertainments told The Times of India: "The mall-multiplex will have five theatres with capacities ranging from 150 to 350 seats.
It will be the first such facility in North Karnataka to have escalators from the ground level atrium to the top two floors housing the theatres."
The underground levels will have parking space and a hypermarket for groceries and green groceries. The parking area will have elevators up to the upper floors.
The mall will accommodate anchor stores, retail stores for branded products, and food outlets of various sizes and formats to suit varying budgets. Raiker said "a garden will separate the mall multiplex from the proposed three-star hotel. There will also be additional open parking area between the two.We are short-listing facilities management firms for efficient maintenance and housekeeping services."
He said: "The building plans are being given the final touches. Construction will start within six months and the facility will become operational in another 18 months. We are already getting a lot of inquiries from Bangalore, Mumbai and Delhi. The response is very encouraging."
Raiker Entertainments at present owns 10 cinema halls in Hubli, Dharwad, Belgaum, Bijapur, Dandeli, Sirsi, Ankola and Kumta.
It is their first foray into retail space development. The mall-multiplex aims at providing a complete family shopping and entertainment experience.
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