Kompas.com reports that Indonesia’s Kawan Lama Group is now putting the detail and finishing touches on a new mega-shopping center dubbed The Living World Mall in Bali’s capital city of Denpasar. The Mall is set for completion in Q4 of 2022.
Developers insist the Mall covering a 3.5-hectare lot, including 120,000 meters of covered space and parking, will be environmentally friendly and ecologically sustainable. The location of The Living Mall is on Jalan Gatot Subroto Timur in North Denpasar.
A topping-off ceremony took place on the Mall’s rooftop on Friday, 22 October 2021.
The total investment by the Kawan Lama Group in The Living World Mall is calculated at Rp. 800 billion. Despite the prevailing economic conditions in Bali and the rest of Indonesia, developers remain confident that they will open the Mall as planned.
The Business Development Director of the Kawan Lama Group, Sugiyanto Wibawa, said he is optimistic that the national economy will recover quickly. “We are optimistic that the vaccination program that has already inoculated much more than 50% of the Country’s population will help the mall industry sector recover,” said Sugiyanto on Tuesday, 25 October 2021.
Sugiyanto said the success of The Living World Mall is also supported by a location that is close to residential areas and the main arterial highway in Bali.
The Company Director revealed that Living World Denpasar would focus on the “home living” segment with tenants, including ACE Hardware, INFORMA, Kirsbow, Toys Kingdom, and Pet Kingdom.
The final finishing and addition of architectural accents now underway, according to the developers, will create a Mall that reflects the cultural richness and diversity of Bali.
The Mall features a high-efficiency air-conditioning system that reduces electrical consumption by 20% using rooftop solar panels. Lighting, with the extensive use of LED lighting, cuts energy consumption by 50%. In addition, the physical placement of the Mall maximizes the use of natural lighting. Wastewater will be recycled to irrigate in the building’s gardens.