Opening in Q3 2021, the retail development has already confirmed 30% tenant occupancy
KUALA LUMPUR, 2 December 2020 – Penang’s famous Gurney Drive can pride itself in a refreshing new landmark next year, following the opening of Gurney Walk, slated for October 2021. The project by notable developer, Plenitude Berhad, is poised to be an invigorating social and cultural hub. It aims to bring together the Penang community and its expanding population of discerning consumers in the vicinity, which include tourists, locals and the expatriate community. Gurney Walk will serve as a unique space and platform for the community that exudes contemporary charm and youthful sophistication, blending the arts, culture, artisanal goods and gastronomic offerings, all under one roof.
“Gurney Walk is specially designed to cater to consumers with contemporary taste. Careful consideration and planning have gone into the use of space, to strike a balance between design and functionality. It is a place where people can break away from the mundane and come together to experience something truly refreshing or to be inspired. Needless to say, it’s going to be very Instagram-worthy!” said Mr. Tan Seng Chye, Group CEO of Plenitude Berhad.
With 60,000 square feet of leasable space, Gurney Walk will feature a sea-facing, aesthetically pleasing design which accentuates human interaction with nature while exuding an artisanal vibe, complemented by a colourful glass façade, creative corners and a minimalist interior. The result is an eclectic experience which promotes an exhilarating way of life. The ground floor of Gurney Walk will feature a wide-ranging and alluring mix of F&B and dining outlets where patrons can wine, dine and razzmatazz with friends and family. Also, in the mix are a selection of convenience stores and a specialty wine and cheese mart.
On the first floor, those in need of some quality retail therapy can delight in a diverse collection of specialty stores, boutiques and salons. Meanwhile, the second floor will feature a home furnishing store, a cooking school and a children’s edutainment centre; as well as spas for some quality TLC. Gurney Walk has received considerable interest by potential tenants. Already, more than 30% of net leasable areas within the development have been taken up. Gurney Walk is also inviting potential new tenants to be a part of its exciting new offering in Penang.
“We certainly have received positive responses from prospective tenants, who are confident of the immense potential presented by Gurney Walk. The retail space in Gurney Walk has been carefully curated to ensure a fresh and interesting trade mix. Tenants can therefore be assured of a space that brings synergy for their business. We are inviting potential tenants from wide-ranging backgrounds to be part of Gurney Walk. However, the process will be selective, in order to ensure quality with the type of trades and concepts that have been put together for Gurney Walk,” said Tan.
Adding to its unique charm, Gurney Walk will also feature art exhibitions and workshops, amidst other planned offerings and community-centric events. Evidently, Gurney Walk is gearing up to be a favourite, all-encompassing community centre for Penangites, where they can meet their daily needs and enjoy a full range of pursuits, all in one location. Gurney Walk is situated in the heart of Gurney Drive, a thriving stretch in the Pearl of the Orient, synonymous with street food and hawker centres, while accommodating a good number of hotels, condominiums and office buildings.
Gurney Drive also serves as a pit stop between Penang International Airport and the famous Batu Ferringhi beach, and is in close proximity to affluent suburbs of Pulau Tikus and Tanjung Bungah. All these have also given rise to the vicinity’s popularity amongst locals and visitors alike who have come to delight in Gurney Drive as their ‘playground’. Gurney Walk will also be directly connected to the Ascott Gurney Penang, which is currently undergoing renovation and refurbishment, and is also slated to open in the third quarter of 2021.
Tenants of Gurney Walk will also be rest assured that they can lean on the 20 years of experience and expertise of the award-winning Plenitude Group, which commands a diverse portfolio and solid track record of property development and hospitality-related business ventures, both locally and abroad. Among these include The Marin, Penang; townships in Kedah and Johor, as well as nine hotel assets.
Plenitude Berhad is a public listed company with core interest in property development, property investment and property management. For over 20 years, The Plenitude Group has commanded a diverse portfolio of business ventures related to property and has built a reliable track record in the real estate industry.
To find out more, visit: www.plenitude.com.my