Siam Retail Development Co.,Ltd.—the developer of Fashion Island Shopping Mall, Terminal21 Asok, The Promenade and Life Center—has made an investment of Baht 6,000 million in Project “Terminal21 Korat”. It is based on the concept of “Landmark in the Heart of Korat” and designed as a shopping airport in the overall atmosphere of market-street shopping along the 7 major world-class metropolitans. It is set to become is the most modern and integrated the Innovative Shopping Mall in the E-sarn Region. It is a response to the needs of consumers in every segment in the E-sarn Region together with both Thai and foreign tourists.
Khun Prasert Sriuranpong, Executive Director of Siam Retail Development Co.,Ltd. said that: “Terminal21 Korat represents a sizable and long-term investment, and an extension of the overall investment plan into other regions of the Land & House Group. Nakorn Ratchasima Province has been chosen as the prototype province. The province enjoys a number of potentials: it is the second most populous province after Bangkok; the people enjoy high purchasing power whose lifestyle and preferences are similar to the people in Bangkok; it is the number one tourist destination in the E-sarn Region; transportation projects such as road and railway construction are in progress in order to accommodate the opening of the ASEAN Economic Community (AEC); continued growth in the number of infrastructure projects in support of Thai and foreign investors going forward. As such, growth prospects of our investment project are promising. The uniqueness of Terminal 21Korat is in the concept of “New Landmark in the Heart of Korat”, which is designed as an airport terminal shopping mall in the overall atmosphere of market-street shopping along the 7 major world-class metropolitans. It is set to become the integrated Innovative Shopping Mall combining Food, Fashion, and Lifestyle. It is a response to the needs of consumers in every segment in the E-sarn Region together with both Thai and foreign tourists.
Terminal21 Korat is the new kingdom of lifestyle in the heart of Nakorn Ratchsima Province whose total investment is in the amount of Baht 6,000 million. It is set for official opening on Monday, December 19, 2016, and located on a 32 rai plot of land on Mitraparp Highway. The total area is 200,000 square meters 70,000 square meters of which are available for rent and can accommodate 3,000 cars and 1,800 motorcycles. The total area of the project is 3 times larger than that of Terminal21 Asok. It is designed to resemble a 7-storey airport shopping mall comprising
LG CARIBBEAN STREET: Supermarket/Food Vendors and Services, GF PARIS STREET: Fashion and Accessories/ Cosmetics/ Bags and Shoes/ Jewelry,
1F LONDON STREET: Fashion and Accessories/ Menswear/ Sportswear/ Watches,
2F ISTANBUL STREET: Stationary/ Beauty and Health/ Banks,
3F TOKYO STREET: Electrical Appliances/ IT Centers and Mobile Phones/ and Urbanista Shops,
4F SAN FRANCISCO STREET: Food and Beverages/ Food Courts Pier 21/ Amusement Park/ Halls,
5F HOLLYWOOD STREET: Theaters and Karaoke/ Ice skate. Inside the shopping mall, you’ll find the longest escalators in Thailand and “Skydeck”—the tallest watchtower in Nakornratchsima Province and the E-sarn Region. The tower is elegantly designed of 24-storey air-traffic control building in the heart of Korat with an impressive check-in system when you may share your pictures on a 360-degree.
“In addition, the Skydeck watchtower is well equipped with modern facilities of Airport Terminal equivalent allowing you to check in on Floor 5 in a contemporary atmosphere both day and night. Also, there is a giant screen depicting embarkation and disembarkation of airplanes, tourist attraction destinations in Nakorn Ratchasima Province, and world-renowned skyscrapers such as Burj Khalifa, Tokyo Sky Tree, Shanghai Tower, and Taipei 101. Tourists will also be able to take pictures from different angles. On the outer part of the tower is another highlight of Façade Lighting made amazingly beautiful at night by Dynamic Colored LEDs worthy of making the shopping mall worthy of being a new landmark in the heart of Korat.
“The construction and interior decoration have now been 100% complete. Our anchor tenants comprises SF Cinema City (8 theaters), Ice Skate, The Rink, FANPEKKA Amusement Park, FUNfesta Amusement Park, Sports Hall, Foodland Supermarket (the first branch in E-sarn Region), Sportsworld, Home Pro Living, Pier 21 Food Center, and stationary zone similar to the zone in Terminal21 Asok. Furthermore, there are mega stores such as Kelly Shoes & Bags Mega Store, “Klein” Menswear Mega Store, plus major shops representing over 200 leading local and foreign brands, and small-sized Urbanista Shops whose size is 6-20 square meters each totaling over 400 stores operated by local business people.”
Khun Prasert concluded that: “Terminal21 Korat has set aside a budget of over Baht 100 million for the official grand opening earmarked for marketing promotion activities and integrated advertising plus public relations through TV, radio, and opening event activities, social media. The idea is to create awareness for our targeted groups extensively and continually starting from pre-opening, opening, and post-opening.”
Fact Sheet Project “Terminal21 Korat”
Project Owner: Siam Retail Development Company Limited
Information on Nakorn Ratchasima Province
Nakorn Ratchasima Province is a most investment appealing province in Thailand. It is well blessed with the large number of population of 2,628,818 (Source: Registration Administration Bureau, Department of Provincial Administration 2558,) and the second most populous province after Bangkok. In addition, its economic potential is promising as the people in the province enjoy a high purchasing power with per capita income of Baht 97,963 (Source: National Economic and Social Development Board 2557), achieve the highest Gross Domestic Product among all of the provinces in the Northeast Region, and enjoy lifestyle and preferences similar to those in Bangkok. Furthermore, the province is the center of tourism in the Northeast Region where the number of tourists is well over 5 million people per year.
The continuing development in terms of infrastructure and transportation system in Nakorn Ratchasima Province is intended to accommodate the needs of both local and foreign investors and the opening of the ASEAN Economic Community (AEC). Major road and rail projects are in the pipeline—including outer ring roads, Bang Pa-in Motorway, East-West Economic Corridor Road Network connecting the Greater Mekong Sub-region (GMS), Bagnkok-Korat High Speed Train Project, and Nakorn Ratchasima-Ubon Ratchathani Double-track Railway Project that will eventually extend to Cambodia.
Information on Project Terminal21 Korat
Location: The heart of Korat next to Mitrapap Highway on way to Khon Khaen
Size of Land: 32 Rai
Building Area: 200,000 Square Meters, 7-Storey Shopping Mall
Rent Area: 70,000 Square Meters
Project Cost: Baht 6,000 Million
Parking Area: 3,000 Cars
Parking Area: 1,800 Motorcycles
Opening: Monday, December 19, 2016
Concept: Airport Terminal shopping mall in the overall atmosphere of market-street shopping along the 7 major world-class metropolitans.
Floor LG: CARIBBEAN STREET: Supermarket/Food Vendors and Services
Floor GF: PARIS STREET: Fashion and Accessories/ Cosmetics/ Bags and Shoes/ Jewelry
Floor 1F: LONDON STREET: Fashion and Accessories/ Menswear/ Sportswear/ Watches
Floor 2F: ISTANBUL STREET: Stationary/ Beauty and Health/ Banks
Floor 3F: TOKYO STREET: Electrical Appliances/ IT Centers and Mobile Phones/ and Urbanista Shops
Floor 4F: SAN FRANCISCO STREET: Food and Beverages/ Food Courts Pier 21/ Amusement Park/ Halls
Floor 5F: HOLLYWOOD STREET: Theaters and Karaoke/ Ice skate.
Project Status:
Construction is 100% complete
Sales: 98%
Company Information
Established on September 10, 1991, Siam Retail Development Company Limited is a subsidiary of Land & House Public Company Limited. The Company is engaged in property development for retail business activities. Its business philosophy is to develop shopping malls that meet the requirements for high quality and international standards, and to demonstrate the level of retail business sophistication in Thailand. The current shopping malls under its management include Fashion Island Shopping Mall, Terminal21 Asok, The Promenade and Life Center.
